1/ Just struck me: There's some weird history rhyming with ether, tokens, and fat protocol economies
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Replying to @vgr
2/ Early networking was based on token ring/token bus, which were like tokens in ethereum sense except *really* scarce: 1 per network
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Replying to @vgr
3/ If your computer wanted to transmit it needed to hold the circulating token. Like a digital talking stick.
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Replying to @vgr
4/ What replaced token networks was... Ethernet! Ethereum isn't the first technology to be named after the fifth element
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Replying to @vgr
5/ Here's the funny thing: Ethernet functions by allowing "double spending" of bandwidth and fixing it ex post via collision detection
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Replying to @vgr
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
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Replying to @vgr
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
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Replying to @vgr
8/ Ethernet was/is effectively 1-public-key. Double-spending is a management feature not an attempted crime
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Replying to @vgr
9/ Final weird point: encryption is kinda the opposite of infor turning to noise garbage via collision
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Replying to @vgr
and that makes me think of https://en.wikipedia.org/wiki/Bloom_filter …
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