Crypto Tokens The ERC-20 standard, first proposed in 2015, created the opportunity for anyone to easily create new currency/tokens on the Ethereum blockchain. The technology isn’t new. You could create tokens on Bitcoin using so called coloured coins. However, with ERC20 a standard was broadly agreed on and formalized, guaranteeing interoperability of tokens between applications Read more about Non-Fungible-Tokens. What’s next?[…]
“The ideological heartstrings and naivety rooted in the paranoia and mistrust of centralized institutions like the government, a sentiment that is the bedrock or catalyst for many people attracted to blockchain, can only go so far. It’s up to front-running platforms seeking to offer a viable and preferable digital citizenship on land or sea (or Read more about Decentralization is an End Itself[…]
The concept of DAOs (Decentralized Autonomous Organizations) was first introduced by Dan Larimer in 2013. Essentially a DAO is an organization whose workings are solely defined by code. This code establishes rules that define all the internal mechanisms that manage the allocation of the organization’s funds. In a blockchain, these rules (called smart contracts) are automatically enforced Read more about Decentralized Autonomous Future[…]
In previous part, I described what is open source organization and its various design patterns. In this part, I will describe some example that puts the theory in practice. NOIA Network NOIA network is composed of thousands of nodes running open source NOIA node software 1) NOIA node github repository earning NOIA tokens for sharing Read more about From open source software to open source organization – Part 3: Examples[…]
Previously, I talked about why I think open and closed source are like Yin and Yang, they balance with each other in the long run. And as of today, open source needs to come back. Decentralized Computing Recognizing that cloud computing paradigm has given closed source platform competitive advantage over the open source ones, in order Read more about From open source software to open source organization – Part 2: Decentralized Computing and Open Source Organization[…]
The best description of what open source philosophy is comes from opensource.com : “Open source projects, products, or initiatives embrace and celebrate principles of open exchange, collaborative participation, rapid prototyping, transparency, meritocracy, and community-oriented development.” It is necessary to point out first that, there is no innate superiority in open source philosophy, instead its quality Read more about From open source software to open source organization – Part 1: Yin and Yang[…]
The success of the free and open source software movement – accentuated by the proliferation of the Linux ecosystem, the open source software driven Web 2.0 and the change of attitude and policies towards open source software from the once opponent Microsoft – certainly has surprised a lot of pundits of the software industry. However Read more about From open source software to open source organization – Overview[…]
This is the recording of the presentation I made at the #clbfest2018 (2018 Computational Law & Blockchain Global Festival). The topic was: Blockchain Computing vs. Traditional Computing. The highlights: Blockchain is a computing platform. Blockchain makes ideology as a service possible, due to its nature of being decentralized and capability of doing trustless computing.