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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr 12 Jul 2017
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      1/ Just struck me: There's some weird history rhyming with ether, tokens, and fat protocol economies

      2 replies 11 retweets 22 likes
    2. Venkatesh Rao‏ @vgr 12 Jul 2017
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      2/ Early networking was based on token ring/token bus, which were like tokens in ethereum sense except *really* scarce: 1 per network

      1 reply 1 retweet 2 likes
    3. Venkatesh Rao‏ @vgr 12 Jul 2017
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      3/ If your computer wanted to transmit it needed to hold the circulating token. Like a digital talking stick.

      1 reply 0 retweets 3 likes
    4. Venkatesh Rao‏ @vgr 12 Jul 2017
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      4/ What replaced token networks was... Ethernet! Ethereum isn't the first technology to be named after the fifth element

      1 reply 1 retweet 10 likes
    5. Venkatesh Rao‏ @vgr 12 Jul 2017
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      5/ Here's the funny thing: Ethernet functions by allowing "double spending" of bandwidth and fixing it ex post via collision detection

      2 replies 0 retweets 4 likes
    6. Venkatesh Rao‏ @vgr 12 Jul 2017
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      6/ Collision detection is kinda the opposite idea to a crypto token. It detects when information turns to noise by 2 people talking at once

      1 reply 0 retweets 4 likes
    7. Venkatesh Rao‏ @vgr 12 Jul 2017
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      7/ Weird history rhyming in reverse huh? A token is a key (crypto private key or not). Early token networks were 1-shared-key economies

      1 reply 0 retweets 2 likes
      Venkatesh Rao‏ @vgr 12 Jul 2017
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      8/ Ethernet was/is effectively 1-public-key. Double-spending is a management feature not an attempted crime

      6:35 PM - 12 Jul 2017
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      • sophie: resting up, fuck slaying, do nothing Pablo Ambrosio Naveen Mishra
      2 replies 1 retweet 2 likes
        1. New conversation
        2. Venkatesh Rao‏ @vgr 12 Jul 2017
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          9/ Final weird point: encryption is kinda the opposite of infor turning to noise garbage via collision

          2 replies 0 retweets 3 likes
        3. Venkatesh Rao‏ @vgr 12 Jul 2017
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          10/ This can be the Lincoln/Kennedy comparison for tech 😇

          1 reply 0 retweets 2 likes
        4. Show replies
        1. Dorian Taylor‏ @doriantaylor 12 Jul 2017
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          this makes me think of @rushkoff's observation that the bias of money toward scarcity is a design feature, not an endemic property

          0 replies 0 retweets 1 like
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