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backus's profile
John Backus
John Backus
John Backus
@backus

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John Backus

@backus

Seeking alternative compression. Hopefully wrong on average. Shameless. Started @getcognito and @bloom

San Francisco, CA
Joined August 2012

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    1. John Backus‏ @backus Jun 6

      Blockchain world can learn a lot from p2p file sharing era 😡 Incentive issues (most shared NOTHING, tons of fake files + viruses) 🤝 Lots of attempted market mechanisms (from game theory to tokens) to fix incentives 💰 Monetization lessons 🍴 Forking vs governance Thread 👇

      19 replies 204 retweets 551 likes
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    2. John Backus‏ @backus Jun 6

      Tokens are clearly good for balancing incentives. p2p attempts from 15+ years ago: • Mojo: a liquidatable token to incentivize sharing storage, bandwidth, CPU • eMule credits for upload/download • Lots of research on p2p tokens (PPay, PeerMint, PeerMart) • Kazaa PeerPointspic.twitter.com/AN2VHiqzAV

      3 replies 3 retweets 38 likes
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    3. John Backus‏ @backus Jun 6

      If you're building a fat protocol, putting ads in the thin client is a terrible way to monetize! In file sharing days, people created lazy patched clients like "Kazaa Lite" which JUST removed ads. Reputation of bundling "AdWare" and "SpyWare" killed trust of creators.

      2 replies 2 retweets 34 likes
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    4. John Backus‏ @backus Jun 6

      3rd party companies building on top of your protocol help you find product market fit. Normal startups iterate sequentially; fat protocols can iterate in parallel 🐻 BearShare built features that Limewire users wanted like video preview 🐴 eMule improved on bad UI of eDonkeypic.twitter.com/G0CjFBK3NG

      1 reply 2 retweets 29 likes
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    5. John Backus‏ @backus Jun 6

      Decentralized fat protocols out live the companies that create them • Nullsoft launched Gnutella protocol but Limewire/BearShare built the apps we all know. Forks like FrostWire live on eternally • OSS eMule built on eDonkey's networks after they died and even improved on it

      1 reply 2 retweets 25 likes
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    6. John Backus‏ @backus Jun 6

      While fat protocols compete, 3rd party apps can unify and create a better experience. Popular file sharing app "Shareaza" searched EVERYTHING by implementing Limewire, Kazaa, eDonkey, and BitTorrent. Open source giFT project provided generalized backend for thispic.twitter.com/ub0hoW0oNF

      1 reply 1 retweet 20 likes
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    7. John Backus‏ @backus Jun 6

      Third party apps provide continuity for users by switching protocols if it makes sense. When FrostWire (fork of Limewire) realized BitTorrent was the winning protocol, they added support. Now it is JUST a BitTorrent client. Users don't care about protocols!pic.twitter.com/QlZArmOw99

      2 replies 2 retweets 38 likes
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    8. John Backus‏ @backus Jun 6

      If fat protocols are sufficiently general then thin applications can find product market fit by specializing. PopcornTime (backed by BitTorrent) is a great example where it specializes both by content (movies) and mode of consumption (streaming only)pic.twitter.com/AELPAspUc6

      2 replies 3 retweets 34 likes
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    9. Matt‏ @matt_sven Jun 7
      Replying to @backus

      Don't some PopcornTime forks allow downloading? Or no?

      1 reply 0 retweets 0 likes
      John Backus‏ @backus Jun 7
      Replying to @matt_sven

      Maybe. I just know that streaming was a main goal of the primary project

      5:37 PM - 7 Jun 2018
      0 replies 0 retweets 0 likes

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