What are the deepest questions & ideas people are exploring around crypto? Not get-rich-quick, but rather ideas that may be really transformative. Explanation and links welcome!
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Here's one I heard from a friend: ICOs are interesting because for the first time they really incentivize the creation of new open protocols. SMTP, HTTP, SSL etc all arguably at least as valuable as Google/FB, but no value capture, so people didn't work so much on new protocols.
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If ICOs (or anything else) can change that they're unimaginably important.
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Curious if any of these ideas have been hooked into the legal infrastructure for creating virtual companies: https://en.wikipedia.org/wiki/Virtual_limited_liability_company … Sadly, that doesn't seem to have been implemented in a scalable way. But some government could probably be convinced...
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ICOs incentivize people to build things where private keys are mandatory. If *anyone* can build an easy to use product that puts private keys in the hands of end users, massive potential is unlocked for identity, privacy, security, and of course finance.https://twitter.com/backus/status/987063369730408448 …
Tying biometrics and mobile devices to crypto people can actually use is super valuable. The blockchain craze is a trojan horse for realizing this.
Passwords → Signatures
Login with FB → Global login via managed keychain
Verified by Twitter → Verified by public key -
Can you characterize where private keys are mandatory? Seems like almost anything where people instinctively want control over some aspect of access.
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Yup, that was best expressed here: http://www.usv.com/blog/fat-protocols … See also thoughts from
@naval, like:https://startupboy.com/2014/04/01/the-fifth-protocol/ … -
Thanks, very interesting.
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How to design incentives, rules, and institutions with no room for judgment or a centralizer enforcer? Cryptoeconomics (game theory, micro, crypto) a la
@VitalikButerin +@VladZamfir will be a its own field -
How to design meta-rules for updating a system's protocol to keep its desirable properties on the face of external change?
@kate_sills perspective on Law & Crypto are always insightful. - 1 more reply
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Zero-fee payments as general compute (working on it)
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Yes it does. Semantic web is still a dream. Needs alot of fundamental fuels to change. We still work with hyper 'text' markup language whereas the content on web is media now.
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I am working on a new kind of media, on which you can do Ctrl-C Ctrl-V on web. As easy as text.
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