Decentralized Networks Quotes

The Internet treats censorship as a malfunction and routes around it.

The early cyberpunk idea was that networked computers would let us do our work at home, as freelancers, and then transact directly with peers over networks. Digital technology would create tremendous slack, allow us to apply its asynchronous, decentralized qualities to our own work and lives.

The big deal about the Internet design was you could have an arbitrary large number of networks so that they would all work together.

The decentralized nature of online conversations often makes it easier to manipulate public opinion, both domestically and globally. Regimes that once relied on centralized systems of media control can now deliver ideological messages more subtly, with the help of little-known intermediaries like anonymous commenters on websites.

I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.

The blockchain is to money what SMTP is to email. It's an open way to move value around. Every existing player in this space - not just Venmo but also Google and Facebook and others - are all closed; they all want to work just within their own walled garden.

The bottom-up, loosely-coupled, bilateral and multi-stakeholder practices that have created the network of networks we call the Internet allow for a broad range of business models.

To shut down Bitcoin is to shut down the Internet.

Equally, the Internet interprets attempts at proprietary control as threats and mobilizes to defeat them.

For the foreseeable future, I'm all about building blockchain-based decentralized services.

The Net is not a single home. Rather, it's an environment where thousands of small homes and communities can form and define and design themselves.

The Net interprets censorship as damage and routes around it.

BitCoin is actually an exploit against network complexity. Not financial networks, or computer networks, or social networks. Networks themselves.

The new Web is a very different thing. It's a tool for bringing together the small contributions of millions of people and making them matter. Silicon Valley consultants call it Web 2.0, as if it were a new version of some old software. But it's really a revolution.

Scalability is this idea of coming up with a blockchain that can scale much larger than existing chains essentially by processing transactions in parallel. And moving away from this paradigm where every single node on the network has to process every single transaction.

Strangely enough, the linking of computers has taken place democratically, even anarchically. Its rules and habits are emerging in the open light, rather shall behind the closed doors of security agencies or corporate operations centers.

What happens when an industry transitions from using one or more 'smart' and centralized networks to using a common, decentralized, open, and dumb network? A tsunami of innovation that was pent up for decades is suddenly released.

Bitcoin offers one service: securely time-stamped, scripted transactions. Everything else is built on the edge-devices as an application. Bitcoin allows any application to be developed independently, without permission, on the edge of the network.