Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous]

March 02, 2021 00:51:39
Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous]
Bitcoin Audible
Read_500 - Decentralization, Why Dumb Networks are Better [Andreas Antonopolous]

Mar 02 2021 | 00:51:39

/

Hosted By

Guy Swann

Show Notes

"The Internet’s protocol (transmission control protocol/Internet protocol, or TCP/IP) doesn’t offer “services.” It doesn’t make decisions about content. It doesn’t distinguish between photos and text, video and audio. It doesn’t have a list of approved applications. It doesn’t even distinguish between client and server, user and host, or individual versus corporation. Every IP address is an equal peer." - Andreas M. Antonopolous

Today we hit a great and classic essay by Andreas on the amazing FEE.org that hits on a key way to think about decentralized network, and a critical part of why they will innovate orders of magnitude more quickly than their centralized counterparts. The difference between "smart" networks and "dumb" networks, and why the dumb will also conquer. Bitcoin is the internet of money, and on read #500, hear Andreas explain why.

Check out the original article at the link below:
https://fee.org/articles/decentralization-why-dumb-networks-are-better/

Other great pieces mentioned in today's show, along with the thread that includes numerous others for further journey down the rabbit hole:
Lightning Enables Unicast Transactions in Bitcoin:
https://bitcoinaudible.com/?p=347
On Schelling Points, Network Effects, & Lindy:
https://bitcoinaudible.com/?p=4504
Anil's Amazing thread with 20 fundamental essay for understanding Bitcoin:
https://twitter.com/anilsaidso/status/1290758632238276609?s=20

A huge thank you to our amazing sponsors:
SwanBitcoin - The #1 place to setup your automatic Bitcoin savings plan! (SwanBitcoin.com/guy)
BitBox - Minimal, user friendly, secure, Swiss made, open source, hardware wallet (guyswann.com/BitBox)
LVL.co - The first Free, no-fee exchange & Bitcoin banking services! (guyswann.com/lvl)

--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message

Other Episodes

Episode

May 05, 2021 00:58:29
Episode Cover

Guy's Take #45 - A Mental Framework for Scaling

No matter how often we cover these ideas, it still seems astonishingly common for new people to fall into the same old fallacies and...

Listen

Episode

March 17, 2022 01:07:25
Episode Cover

Read_611 - The Freedom of Value [Dergig]

"Thus, given enough time and popularity, every movie, every song, and every document will be available to the general public for free. The nature...

Listen

Episode

August 30, 2024 01:54:35
Episode Cover

Guy's Roundtable_001 - 85% Bitcoin Tax, Bitaxe, Big Banks, and a Shitcoin Trojan Horse

It's Here! Today I am thrilled to introduce the first episode of Guy's Roundtable. I've assembled a group of OG bitcoiners for a new...

Listen