tl;dr → A paean. “The mobile” is the Bee’s Knees!
and → The signal is given: a new S-Curve is commencing.
and → The unbunding / rebundling / unbundling / rebundling cycle, a metaphor of growth-cum-renewal.
Bitcoin operations cost “hundreds” of MWh to keep lit.
<quote?From an environmental standpoint, Bitcoin consumes hundreds of megawatt-hours of electricity per day for mining.</quote>
The Suitcase Words
<quote>Bitcoin’s blockchain was implemented started in [circa] 2009.</quote>
<quote>The blockchain is a file that is copied and distributed to nodes </quote>
bunch of blocks,
a bunch of blocks of transactions,
a bunch of blocks of transactions that contain a timestamp,
a bunch of blocks of transactions that contain a timestamp and a pointer to the previous block,
a bunch of blocks of transactions that contain a timestamp and a pointer to the previous block (such that they form a chain).
decentralized apps (Dapps)
Department of Treasury
distributed instead of centralized.
master ledger of transactions.
“longest chain” rule
<quote>A blockchain can be described as a distributed database.</quote> … a very slow one with very low capacity.
<quote>Ethereum blocks are created roughly every 17 seconds.</quote>
<quote>I heard that Bitcoin is used to buy drugs. Well, yes.</quote>
<quote>In Ethereum, confirmation takes 12 blocks, or roughly three minutes.</quote>
<quote>A node is a computer that is connected to the blockchain network.</quote>
<quote>pundit, philosopher and technologist</quote>, such an accolade occurs mid-article.
the man, the legend, does everything.
starts many, finishes little.
<quote>Mr. Hadfield-Menell and others at U.C. Berkeley recently published a paper</quote>, which was not cited.
Something about <quote>A machine will seek to preserve its off switch, they showed, if it is specifically designed to be uncertain about its reward function.</quote>
Apparently there was math in the output of Hadfield-Menell et al..
“technology” is media, indeed “everything” is media.
the introduction of new media causes change in the millieu.
the new medium, four effects as a 2×2 combinator.
What is enhanced?
What is obsoleted?
What is recovered (from obsolescence)
What is reversed (transformed), at the limit, any limit?
The last is very high concept: as in <quote ref=”there“>Acoustic radio flips into audio-visual TV.<quote>.
Pretty sure that the FCC doesn’t see it that way; nor does the NCEES; but this is media theory so it’s all compos mentis.
Analysis attributable to the author, Doc Searls.
Enhance → exchange.
Retrieve → the bazaar.
Obsolesce → fiat currency.
Reverse → mutual unintelligibility, no exchange
<metaphorical>isolated islands, walled gardens</metaphorical>).
Enhance → peer-to-peer.
Retrieve → individual agency.
Obsolesce → platform dominance.
Reverse → into one-to-one
Via Why. The Web, of HTTP, cannot (or has not) <quote>
HTTP is inefficient and inexpensive…with video delivery, a P2P approach could save 60% in bandwidth costs <claime/d>.
Humanity’s history is deleted daily…IPFS provides historic versioning (like git) and makes it simple to set up resilient networks for mirroring of data.
The web’s centralization limits opportunity…IPFS remains true to the original vision of the open and flat web, but delivers the technology which makes that vision a reality.
Our apps are addicted to the backbone…IPFS powers the creation of diversely resilient networks which enable persistent availability with or without Internet backbone connectivity.
Via How. The IPFS presents a (non-POSIX, yet POSIX-similar) hierarchical filesystem metaphor as a unifying artifice, wherein <quote>:
Each file and all of the blocks within it are given a unique fingerprint called a cryptographic hash.
IPFS removes duplications across the network and tracks version history for every file. <responsive>Uniqueness in time and space.</responsive>
Each network node stores only content it is interested in and some indexing information that helps figure out who is storing what. <responsive>What if no network is interested for a brief period? Who shall suffer the little files, the lost blocks, the unloved & unwanted slabs?</responsive>
When looking up files, you’re asking the network to find nodes storing the content behind a unique hash.
Every file can be found by human-readable names using a decentralized naming system called IPNS.
<responsive>Like The DNS?</responsive>
<quote>feudal castles of what in Europe</quote>
Old World Order
New World Order
GAFA → Google, Amazon, Facebook and Apple.
No Microsoft? FAMA? GAMF? <sic>MAGA?</sic>
Kien Nguyen, Thin Nguyen, Yevgeniy Kovchegov; A P2P Video Delivery Network (P2P VDN); In Proceedings of the 18th International Conference on Computer communicatoins and Networks (ICCCN); 2009; 7 pages; landing.
tl;dr → a P2P approach could save 60% in bandwidth costs