my a16z partner @cdixon has an op-ed on Wired on how the internet is now dominated by closed platforms, and how blockchain could all of that. Here's the link.https://twitter.com/WIRED/status/1081221476873895941 …
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First sentence drops the key point: "As the internet has evolved over its 35-year lifespan, control over its most important services has gradually shifted from open source protocols maintained by non-profit communities to proprietary services operated by large tech companies."
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As we know, this causes problems: "How do social networks decide which users to verify or ban? How do search engines decide how to rank websites? One min social networks court media orgs and small biz, the next min they de-prioritize their content or change the rev split. "
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Blockchain can help address this: "A user or dev can trust that a piece of code running on a blockchain computer will continue to behave as designed, even if individual participants in the network change their motivations or try to subvert the system."
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Thus: "This means that the control of a blockchain computer can be placed in the hands of a community."
@cdixon draws the interesting parallel of closed software ecosystems that eventually became open source. Same thing could happen here, though it took open source ~20 years1 reply 1 retweet 8 likesShow this thread -
Last sentence, so spot on: "Instead of placing our trust in corporations, we can place our trust in community-owned and -operated software, transforming the internet’s governing principle from “don’t be evil” back to “can’t be evil.""
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Replying to @andrewchen
Couldn't agree more!
@monaxHQ we're building the http://Agreements.Network and now in private beta with our http://Monax.io application for legal agreements.1 reply 0 retweets 1 like
We've contributed Burrow to Linux foundation @Hyperledger project which gives communities these options; public/private, permissioned, proof of stake, and so forth. These OG engineers have been developing ecosystem applications for a long time now.
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