http://inktalks.com Gavin shares what the Blockchain is, how and why it is going to change the world and how it has managed to commoditize the rarest of all intangible assets: trust.
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ABOUT GAVIN WOOD: Before co-founding Ethcore, Gavin was the CTO and co-founder of the Ethereum Project. He is the co-designer of the Ethereum Protocol, the lead programmer on the C++ Ethereum software client, and was the project chief of the IDE, Solidity programming language, and the Swarm and Whisper protocols. He has pushed the state-of-the-art in video analysis tools and programming languages, as well as co-founding several technology start-ups. Gavin has given seminars and presented to numerous audiences around the world from keynotes at regional technology conferences to musings on the future of legal systems. He coined the terms ‘web three’ and ‘alegality’.
19 Comments
Go Gav!
great presentation
Very good speaking, very clear to people understand what blockchain is.
Lovely presentation. One point regarding the institutions: we DON'T trust them
We still have to trust humans.
Whether it is a government or a group of software developers – no difference.
Trust but verify.
centralization doesn't come from the banks but from money itself.
1337
Well, let's have a look, a closer look to the person and the landscape. This person is claiming to be a disruptive game breaker or something like that. A revolutionary. Well, the glass over the head, the tight pants, the signed shirt and the informal but expensive jacket. First impression: somebody from the media business, a creative, a new wave executive. Somebody that feels that you must be excited to see him, to meet him. So he is clearly in, he is not out. And he has achieved some kind of summit. A lot of nice and well dressed people is listening attentively. All of them are very well in the system. Top people in India. So, this is the new revolution. The old people learning new tricks. Welcome suckers.
With abuse of power comes distrust…which leads to a new way of doing things!
So solid that nobody can break it? Hmm, what about the recent parity hack where millions were stolen?
"What happens if we can devise a technology where we can take these walled gardens [closed-off systems of information storage and computation like servers, computers, smartphones] and we can knock down the walls, but rather than suffering the tragedy of the commons we can actually imbue an automatic sense of law or rules onto the ground that was left. We can create a sort of magical garden in which there are very set rules and we can all interact with each other under those rules and we can be absolutely guaranteed that those rules will be enforced."
"We've taken many many machines – all of them with people behind them that have very particular interests – and we've combined them into one machine that is completely unbiased."
"Practically speaking we have just commoditized the rarest and most delicate of all intangible assets: trust."
"I'm of the opinion, in the future, the notion of having to trust some third party, some institution or organisation, with our interests will be so archaic it will seem like working with an abacus does to us today."
I don't think he explains the problem that the blockchain tries to solve very well
Nice and funny. Having several parameters that define our circumstances in being wealthy. And set of authorization to intervene or to obey. Makes decisions leading into a difficult mess of information. 🥵At this point I have to appreciate every DeFi developer. That must have been a hell of a job. 🤓
Great speech about native rule enforcement (blockchain), but maybe world's problem is not about applying rules properly, but richeest getting richer, poorest poorer, and law (blockchained or not) honoring them.
Gavin is genius ✔👏
Legends says his sunglasses are still sitting on his head.
watch out for $PDOG!!! bsc will launch soon!
WE SEE HOW EVIL INSTITUTIONS ARE. LOOK GREEN PASS