In this episode, we will talk about building for Blockchain in Go. We are joined by two of the co-founders of Prysmatic Labs (a company behind the upgrades to the Ethereum network). Raul Jordan and Preston Van Loon tell Angelica how they started the company, as well as what it’s like to build technical infrastructure for the Ethereum blockchain using Go.
Coil is a web monetization effort where you subscribe for $5 a month and get access to various exclusive content things on participating websites. I think of it like Brave meets Patreon.
Firefox Reality is “mixed reality” (AR/VR) games and experiences from around the web.
The news here is that Mozilla is adopting Coil to experiment with monetization on Firefox Reality. Coil is for-profit, which adds a wrinkle to things. It uses Interledger to move money, which means creators can work in whichever currency they like. Lots of details and explanations in the linked post from Mozilla’s blog.
Twitter is funding a small independent team of up to five open source architects, engineers, and designers to develop an open and decentralized standard for social media. The goal is for Twitter to ultimately be a client of this standard.
Color me surprised and impressed. My first thought was, “why create something brand new when smart people have been working on open standards for a long time already?” Then I read on:
For social media, we’d like this team to either find an existing decentralized standard they can help move forward, or failing that, create one from scratch. That’s the only direction we at Twitter, Inc. will provide.
Verrry interesting, indeed. What do you think will come of all this?
This is a really interesting usage of blockchain technology to ensure you are really getting what you think you bought. Michael del Castillo writes on Forbes.com:
The fifth-largest oil and gas company in the world, valued at $262 billion, is investing an undisclosed amount in LO3, a New York startup using a modified version of the ethereum blockchain to make it easier for individuals to buy and sell locally produced energy using the existing network of power cables.
While the bitcoin blockchain lets users track the flow of value without the need of banks to audit the system, LO3’s platform, called Exergy, is designed to track the flow of energy as it is added to a shared, local energy network, giving the neighbors who purchase the energy absolute certainty it really came from a windmill, a solar panel or a gerbil running on a treadmill.
This repository is essentially for compiling information about Cypherpunks, the history of the movement, and the people/events of note.
This is quite the compilation, including everything from mailing list archives to notable actors cryptography primers.
Chris Dixon on Medium:
Early internet protocols were technical specifications created by working groups or non-profit organizations that relied on the alignment of interests in the internet community to gain adoption. This method worked well during the very early stages of the internet but since the early 1990s very few new protocols have gained widespread adoption.
Cryptonetworks fix these problems by providing economics incentives to developers, maintainers, and other network participants in the form of tokens. They are also much more technically robust. For example, they are able to keep state and do arbitrary transformations on that state, something past protocols could never do.
What Chris is advocating is the protocols of the past weren’t made for the internet of the future. The next era of the internet is being built with Web 3.
We went back into the archives to conversations we had around blockchains and databases at OSCON 2017. We talked with Monty Widenius (creator of MariaDB), Brian Behlendorf (Executive Director of Hyperledger), and Tague Griffith (Head of Developer Advocacy at Redis Labs).
Business Source License (BSL) is there to be a bridge between closed source and open source. - Monty Widenius
Preethi does a great job of bringing some sanity to the (somewhat justified) hype around Ethereum and friends:
blockchains have several major technical barriers that make them impractical for mainstream use today… it could be many years before trustless systems are ready for mainstream use at scale.
We discussed these issues with Preethi in-depth at the tail end of The Changelog #277.
If you’re new to or learning more about blockchain, this is a great post that breaks down the semantics of what a blockchain smart contract is and is not.
The first thing to know about blockchain smart contracts is that there isn’t a contract, they aren’t smart, nor are they necessarily on a blockchain.
Smart contracts could, I suppose, be smart, but for me, that means complex and able to react to unexpected or unlikely situations. I think that people call them “smart” because they’re embodied in code.
Preethi Kasireddy, a self-employed blockchain and smart contract Engineer, joined the show to talk about why she left the best job in the world at Andreessen Horowitz on the deal team, how she got entrepreneurship envy, the roadmap she laid out in 2015 and where she’s at today as an engineer, her excitement for blockchain-based technologies, and why blockchains don’t scale.
Chris Beams joins the show to talk about Bisq, the P2P decentralized Bitcoin exchange and open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto currencies. We get some background on the issues faced by crypto exchanges like CoinBase, and the now defunkt Mt. Gox. We discuss whether or not Bitcoin is a censorship resistant payment system and what it means to have anonymous transaction currency options. Bisq also has an interesting white paper about its own DAO (Decentralized Autonomous Organization) to support its contributors and we discuss that in detail at the end of the episode.
In this episode of Spotlight recorded at All Things Open 2016, Adam talked with Anna Derbakova from IBM after her jam packed talk on Blockchain and Hyperledger about the fundamentals of blockchain, how this technology is revolutionizing finance, banking, IoT, supply chains, manufacturing, and any other applications out there that can benefit from a “smart contract”, The Hyperledger Project, and the exciting opportunities that exist in the future for blockchains.
Tess Rinearson joined the show to talk about Chain launching their open source developer platform, choosing an open source license, open sourcing Chain Core, and the future of this powerful blockchain written in Go.