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The advent of the distributed Super Computers
Spoke about this on @theDCApod live and a lot of DMs came through about this. So Ill elaborate.
The first epoch of large scale computing was the mainframes. A single huge computer (the size of a building) that users would schedule time to use, bring their programs, run them and pay for their compute time.
Second epoch was large institutions (like the central bank for example) running their own mainframe computers to store ledgers and financial information.
Risks - single point of failure. Destroy the mainframe, the entire state (data) is gone. Large physical size requiring massive infrastructure and maintenance to run. Centralized state (data). No sharing. Opaque.
The 3rd epoch came about because of Moores Law, which means computing processors and the internet grow faster and cheaper over time. With the evolution of chips, the industry moved from mainframes to client/server where every user had their own CPU, their own Disk, their own state and the systems were connected by the new internet for data sharing.
The 4th epoch was an extention of the 3rd and was the advent of cloud computing which leveraged the rapid increase in internet bandwidth and physical fiber networking, this is where large centralized institutions solved single point of failure by creating data centers with internet based applications and UI. The individual user no longer needs their own application space, and state is stored on the cloud. Hardware requirements were radically reduced for the user but centralization of data grew exponentially as large institutions now owned and held all user data.
Risks - if the institution was attacked all data is lost. Centralization of state. Data theft, massive cost of data center maintenance. Relience on a few large institutions. Silo'ing of user data and user credentials. All institutions own the user and their data.
The 5th epoch is the advent of the blockchain which is a re-invention of the mainframe, but this time leveraging the rapid improvements via Moores law of CPU and internet speeds, together with the power of open source software to create a distributed, public, super computer available to anyone globally with an internet connection and a CPU.
Benefits, low cost of compute for users, decentralized state, no data controllers, massive increase in data security and state sharing. All issues solved. Security, Speed, Low cost, transparent, distributed, no single point of failure, the user owns their own data.
In summary. Blockchain networks that process transactions fast and cheaply and have capacity to scale are the new global super computers. Users no longer need expensive hardware and maintenance costs. It is all moved to the super computer which is simply rented for use, and all data is anti fragile and there is one single state. The benefits of mainframe, the benefits of cloud, all in one solution benefitting the users.
The losers are the cloud providers. They are redundant. All applications and data will move to the global public super computers.
Not all blockchains can compete for market share, they need to be extremely fast, open source (public domain) and extremely composable with rapid evolutions to support the exponential application use case space they allow. Humans can start to think bigger as one world, as one mindshare, as one state.
This is what is happening right now. You have been conditioned to believe crypto is about money, but it is about the construction of the global state machines and the next epoch which is total global shared state and messaging on public infrastructure.
Money is the tip of the iceberg.
Stay tuned for more computer science based takes. Thats what Im here for.
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