|Much digital ink has been spilled over the past couple of years concerning the relevance, necessity, use cases, and definition of the blockchain.
We start this session with just basics of blockchain tech and then look at existing projects working with this data structure and tools existing to a date which allow us to do stuff with blockchains. It wont be about bitcoin, but rather about chains built for contracts and contract systems.
|blockchain, p2p, decentralised systems, dao, DAO
|en - English
There have been a lot of hype around blockchains lately, and our point is to look into this technology objectively, see what its good for and how we can prototype with it. On World Crypto Network channel we have been quite critical of the hype, yet quite excited about potential of blockchains to promote transparency, and possibilities for auditing and evidencing malfeasance within and across various businesses and institutions. Blockchain-like datastructures innovate in at least three ways over their classical database counterparts:
They emphasize 1) a fork choice rule to resolve consensus conflicts via a schelling game wherein a co-ordinated choice is motivated by some value at stake, 2) the use of public yet distinct administrative domains within a single database secured by collission proof assertions over hashes, timestamps and digital signatures (Pieces of the idea have been around for decades in the form of PGP and software checksums. But the tooling is notoriously difficult to use and there is little motivating the uptake and development of the tools other than the commitment of the few) 3) formal internet protocols built above TCP/IP that act as alternatives to HTTP to enable enhanced peer-2-peer support for commerce, publishing, legal process, and other forms of socioeconomic and political co-ordination at global scale.
During this session and in DAO Space tent in general we will be looking into the blockchain technology, and how it works. We wont be talking about how it's supposed to change the world, but rather focusing on existing tech and how and what we can build with it.