Not a developer or even technically inclined, but I hung in there almost until the 3/4 mark. Until about 35:10 when he said that content would be moderated by code but then didn't explain how that's even possible. Or maybe he did explain it and it went so far over my head... But if anyone has an idea how to explain it, I'd love to hear it. Fascinating video anyway.
It's self-moderated by the nodes in that each miner decides what data they want to host. This talk didn't go into the technical aspects so he didn't really touch on it. From what I've seen so far they don't have a satisfying answer on how that will work in practice and coexist with current legislation though. Because it means the node operators would have to scan all that data for "illegal" content that could get them in trouble with the law. Seems messy.
Bitcoin incentivizes entrepreneurs who produce cheap electricity competition in the minning space then leads to innovation in the energy biz cause there is a decentralised incentive to do it ( BTC) Satoshi still king in incentive designs.
That's not Satoshi's, he didn't create BTC for cheap electricity. The search for electricity and the boom of cryptocurrency comes down to the oldest most basic incentive: Greed
Moderated questions are lame and antithetical to the spirit of the talk. How do we know the presenter didn't rehearse the QA? Why is there a live audience if all they're allowed to do is sit there like sheep and not say anything? Blockchains are about verifying instead of trusting. The general public better treat their investments in general the same way. This is what VC firms do internally but obviously their business model is all about you having less information then them so "talks" like these are nothing but sales pitches.
Maybe in Mechanism Design 301 he will get to how all rewards put into crypto markets by capital donors are spread until equilibrium is reached near the marginal cost of shitcoin shilling.
One of the best classes in this course. Thank you so much
Not a developer or even technically inclined, but I hung in there almost until the 3/4 mark. Until about 35:10 when he said that content would be moderated by code but then didn't explain how that's even possible. Or maybe he did explain it and it went so far over my head... But if anyone has an idea how to explain it, I'd love to hear it. Fascinating video anyway.
It's self-moderated by the nodes in that each miner decides what data they want to host. This talk didn't go into the technical aspects so he didn't really touch on it. From what I've seen so far they don't have a satisfying answer on how that will work in practice and coexist with current legislation though. Because it means the node operators would have to scan all that data for "illegal" content that could get them in trouble with the law. Seems messy.
Loved this presentation.
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Thanks for this Sam!
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Wow, genius in using the decreasing cost of storage and creating an inflating asset out of it.
Timestamp?
Good content and presentation. 👍
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Bitcoin incentivizes entrepreneurs who produce cheap electricity competition in the minning space then leads to innovation in the energy biz cause there is a decentralised incentive to do it ( BTC) Satoshi still king in incentive designs.
That's not Satoshi's, he didn't create BTC for cheap electricity. The search for electricity and the boom of cryptocurrency comes down to the oldest most basic incentive: Greed
this video fills a deeply missing link
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Very nice content
Quite informative
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Audio way too low
Disagree but love the title 😍
Amazing!
💯
Can you provide links to the reading materials cited?
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Like paying US Govt paying hospitals per covid patient and covid death...
Incredible
th-cam.com/video/vFDMaHQ4kW8/w-d-xo.html 💐.
Moderated questions are lame and antithetical to the spirit of the talk. How do we know the presenter didn't rehearse the QA? Why is there a live audience if all they're allowed to do is sit there like sheep and not say anything?
Blockchains are about verifying instead of trusting. The general public better treat their investments in general the same way. This is what VC firms do internally but obviously their business model is all about you having less information then them so "talks" like these are nothing but sales pitches.
Maybe in Mechanism Design 301 he will get to how all rewards put into crypto markets by capital donors are spread until equilibrium is reached near the marginal cost of shitcoin shilling.
What a loss! Some guys should just stick with their developer tools.