Future of technology/"Web 3.0" notes
- New “value” = chain of trust
- What they do is minimize the amount of trust required from any single actor in the system. They do this by distributing trust among different actors in the system via an economic game that incentivizes actors to cooperate with the rules defined by the protocol.
- Data and processing power are the new ‘scarce’(?) resources
- More monetizing social impact/“real” value
- Blockchain: a ledger of transactions — whether of goods, payments, or data — that functions without a central intermediary. Helps in reaching consensus; not for storing large data
- Immutable linked list
- Have to have more computing power than majority of blockchain users to hack
- IPFS: replacement for http!? Content address hash
- Code runs on the ethereum blockchain; like heroku/EC2 , scalable computation…
- Open source AND profitable apps, censorship resistant
- Scaling it
- AI DAO
Random internet/programming tidbits
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