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Topic: Charles Hoskinson's TEDx Bermuda Presentation on Bitcoin and Ethereum (Read 1425 times)

full member
Activity: 154
Merit: 100

At the abstract generative essence level, there are two salient points he makes:

1. Ubiquitous technology disintermediates (transcends) Coasian barriers such as governments and geopolitical circumstance.

2. Decentralized consensus is a monumental paradigm shift.

However, I assert that:

1. Without anonymity, fragmentation and Coasian barriers will persistent (find my recent posts about anonymity).

2. Decentralized consensus is often not the correct way to implement decentralized services[1].

3. Ethereum has the wrong model for a programmable block chain (find my recent post for the correct model).

P.S. Charles and I used to talk before he found Vitalik and got involved with Ethereum.

[1] Two examples are that MaidSafe and StorJ are not the correct way to implement decentralized hosting as I have explained recently. And OpenBazaar is not the correct way to implement decentralized online selling. In both cases, and plethora of hidden services (servers) is the correct model and I predict it will win.
hero member
Activity: 700
Merit: 500
yeah that looks interesting hehe.
hero member
Activity: 821
Merit: 1000
Thanks for the post, was good to see that the block chain aspect of bitcoin is getting more and more recognition for what it can bring to the market.
legendary
Activity: 994
Merit: 1035
Inspirational. Love it!
hero member
Activity: 727
Merit: 500
Minimum Effort/Maximum effect
I love it. One step closer to global Direct Democracy.
vip
Activity: 1428
Merit: 1145
WTF! No bumps till now? That was a pretty good vid.
legendary
Activity: 1134
Merit: 1008
CEO of IOHK
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