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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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    John Backus‏ @backus Jun 8

    If BitTorrent had a token economy, I think we'd see 🌰 Strategic "seed pools" (think mining pools) 🗄️ Long term seeding 🏇 Bounty markets for content ("100k tokens for HD Star Wars leak!") 📈 Inter-tracker arbitraging (upload everywhere → easy tokens)https://medium.com/@jbackus/what-if-bittorrent-had-a-token-13d62a590aa7 …

    11:30 AM - 8 Jun 2018
    • 51 Retweets
    • 198 Likes
    • vinci ᙇ Naval michael_nielsen BravuzHire Marcel Akiyama Tron Foundation Belgium Benza A. [TRX] TronTRXhodler
    29 replies 51 retweets 198 likes
      1. New conversation
      2. nino‏ @jungleobsession Jun 8
        Replying to @backus

        this still seems inferior to private trackers. you'd need comparable discovery/discussion/verification of quality and moderation/such (how to not pay out fake rips, e.g.). these sites also already have bounty systems (sponsor acquisition of media, or buy a release to earn buffer)

        1 reply 0 retweets 3 likes
      3. John Backus‏ @backus Jun 8
        Replying to @jungleobsession

        Maybe! I’m not saying it would be easy to implement a decentralized version resilient to fakes, but it could be competitive. Trying to “yes, and...” in order to reason about unrealized potential.

        1 reply 0 retweets 1 like
      4. John Backus‏ @backus Jun 8
        Replying to @backus @jungleobsession

        FWIW, I get the value of private trackers. I obsessively sought out invites to the best ones in high school and still use many of them today. I did the whole seed box thing I talk about in the article. I just think there are some potential futures where decentralization wins

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Michael Porcelli‏ @michaelporcelli Jun 8
        Replying to @backus @devonzuegel

        Isn’t this basically what Filecoin / IPFS is?

        1 reply 0 retweets 2 likes
      3. John Backus‏ @backus Jun 8
        Replying to @michaelporcelli @devonzuegel

        Both involve file storage but tokenized BitTorrent has nothing to do with guaranteeing storage. Think of tokenized BitTorrent as a marketplace where people can profit from accurately speculating on which files are valuable by putting storage and bandwidth resources behind them

        2 replies 0 retweets 4 likes
      4. Ryan Angilly  ⚡️‏ @angilly Jun 8
        Replying to @backus @michaelporcelli @devonzuegel

        I think the Ipfs daemon can be put in a mode that’s exactly this.

        2 replies 0 retweets 0 likes
      5. John Backus‏ @backus Jun 8
        Replying to @angilly @michaelporcelli @devonzuegel

        If you have any specific link then I'd love to take a look

        1 reply 0 retweets 0 likes
      6. Ryan Angilly  ⚡️‏ @angilly Jun 8
        Replying to @backus @michaelporcelli @devonzuegel

        I’ll go dig around for specifics but when you apply to be a miner on filecoin they ask you some questions that imply this is an option. Also I didn’t read your post yet. I will.

        1 reply 0 retweets 1 like
      7. John Backus‏ @backus Jun 8
        Replying to @angilly @michaelporcelli @devonzuegel

        Thanks. I googled around for like 15 minutes after seeing your response but didn’t find anything. I know Filecoin is for incentivizing storage, but not aware of something similar to what I describe in the post

        1 reply 0 retweets 0 likes
      8. Ryan Angilly  ⚡️‏ @angilly Jun 8
        Replying to @backus @michaelporcelli @devonzuegel

        Also if I’m wrong, I still think a smart client/daemon pair could be built on top of ipfs/filecoin to manage economically optimized seeding & downloading.

        1 reply 0 retweets 0 likes
      9. 1 more reply
      1. New conversation
      2. Jacob Shiach‏ @JacobShiach Jun 8
        Replying to @backus

        You actually have amost of these in private invite only torrent sites e.g. passthepopcorn. Though very little money trading hands.

        1 reply 0 retweets 1 like
      3. John Backus‏ @backus Jun 8
        Replying to @JacobShiach

        Yeah I did the whole seedbox thing back in the day and I still use private trackers. Still, liquid and decentralized markets would probably take things to another level

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Justin Poirier‏ @tokenizedcap Jun 8
        Replying to @backus

        A site I use allows users to submit bounties in upload credit for subtitles on obscure untranslated films. Works remarkably well even in a tiny niche community. I think it's evidence that even fairly weak "good enough" incentives can drive an interesting sharing economy

        1 reply 0 retweets 0 likes
      3. John Backus‏ @backus Jun 8
        Replying to @tokenizedcap

        Yeah people did hard time for sharing prereleased music back in the warez days. Almost no financial incentive. People just do things for rep sometimes

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Matt Lockyer‏ @mattdlockyer Jun 8
        Replying to @backus

        Crazy you just posted this. For the past months I've been urging the #blockchain specifically #ethereum community to work together on standards. If we can't make OSS easy, #decentralization, like torrents, will be relegated to a niche "pirate" tech or worse, centralized.

        2 replies 0 retweets 1 like
      3. John Backus‏ @backus Jun 8
        Replying to @mattdlockyer

        John Backus Retweeted John Backus

        Yeah I’ve been trying to push on standardization too: https://ethereum-magicians.org/t/eip-process-should-embrace-a-model-like-tc39/301 … I think crypto communities are likely hurting standardization by not embracing risk and company needs for fast rate of experimentationhttps://twitter.com/backus/status/992978863197011968?s=21 …

        John Backus added,

        John Backus @backus
        Ethereum community should take a few pages out of the JS handbook: 1. EIPs should have stage-1, stage-2, etc. just like TC39: https://tc39.github.io/process-document/ … 2. Just like we have -webkit-transition, -moz-transition, etc for CSS, we should have metamask__signTypedData
        Show this thread
        1 reply 0 retweets 3 likes
      4. Matt Lockyer‏ @mattdlockyer Jun 8
        Replying to @backus

        Appreciate that there's another voice out there for standards John. Pleasure to make your acquaintance and nice job on the torrent article. 👏

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Harry Tormey‏ @htormey Jun 8
        Replying to @backus

        Any thoughts on http://joystream.co  ?

        1 reply 0 retweets 1 like
      3. John Backus‏ @backus Jun 8
        Replying to @htormey

        I talked with @bedehomender a bit in my last thread on p2p + blockchain. Interested in learning more. I was halfway done with this post at the time so I still need to learn more about them and @TriblerTeam

        1 reply 0 retweets 1 like
      4. Harry Tormey‏ @htormey Jun 8
        Replying to @backus @bedehomender @TriblerTeam

        Awesome, I'd love to hear what you learn. I'm really enjoying your analysis of classic p2p. I'd also like to hear more thoughts on how some of these lessons could be applied to fat mobile clients.

        1 reply 0 retweets 1 like
      5. Tribler‏ @TriblerTeam Jun 11
        Replying to @htormey @backus @bedehomender

        Also love history. We always let our students do mandatory history write-ups: "The fifteen year struggle of decentralizing privacy-enhancing technology" (https://arxiv.org/pdf/1404.4818.pdf …) and for mobile "Survey of robust and resilient social media tools on Android" https://arxiv.org/pdf/1512.00071.pdf …

        0 replies 0 retweets 1 like
      6. End of conversation

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