Read on Twitter
1/ The Case for Dfinity’s Internet Computer #DFN #ICP
Not a boat that can float, but a ship that can sail
Remember Maidsafe’s ICO in 2014?
I followed their progress closely for years. Applauding their efforts, sharing their frustrations and admiring their tenacity.
Not a boat that can float, but a ship that can sail
Remember Maidsafe’s ICO in 2014?
I followed their progress closely for years. Applauding their efforts, sharing their frustrations and admiring their tenacity.
2/ And you know what? 6+ years on they are still solving problems and publishing updates. Amazing!
Why reference Maidsafe?
Maidsafe demonstrates that rebuilding the internet is COMPLEX and HARD! It isn’t as simple as delivering code to Github.
Why reference Maidsafe?
Maidsafe demonstrates that rebuilding the internet is COMPLEX and HARD! It isn’t as simple as delivering code to Github.
3/ It’s about creating a global infrastructure that can provide computation, storage and transactional capacity at scale, but which also respects privacy, enables transparency and permits legal recourse without jurisdictional compromise.
4/ What’s wrong with the internet?
The internet is a marvel. But all the futurologists who predicted consumer orientated functionality never lifted the hood on the ramifications of accelerated global commerce.
The internet is a marvel. But all the futurologists who predicted consumer orientated functionality never lifted the hood on the ramifications of accelerated global commerce.
5/ Putting the doing of things before the how of things permits the opaque manufacturing practices of yore that perpetuates the exploitation of our fellow humans. It shouldn’t be possible to divorce the sale of any product from either its origin or its end,
6/ but because the current systems of commerce are segregated uncomfortable truths can be omitted while the comforting ones are amplified.
Why do we need a new internet?
Why do we need a new internet?
7/ To create interoperability between multiple cultures and innumerable commercial entities to ensure transactional accountability in a secure yet transparent manner. Segregation from transparency is an option that should carry a transactional cost.
8/ What does this mean for the nation state?
Relief! The current internet encourages corporations to act independently from the social contracts nation states have with their populations through a dedazzling array of manufactured contracts designed to dissociate profits
Relief! The current internet encourages corporations to act independently from the social contracts nation states have with their populations through a dedazzling array of manufactured contracts designed to dissociate profits
9/ from social consequences by redefining people as raw commercial material. This approach is forcing humanity's brightest minds into an unconscionable cul-de-sac of multi-jurisdictional wrangling, the endgame of which is further segregation.
10/ What does this have to do with Dfinity?
By default, Dfinity’s Internet Computer will provide the infrastructure described above and enable social organisations, including governments, to fulfill their obligations.
By default, Dfinity’s Internet Computer will provide the infrastructure described above and enable social organisations, including governments, to fulfill their obligations.
11/ For example, if a corporation sources materials and labour in a manner that contravenes a nation’s laws, legal action can be enforced via the platform on which the activity is occuring. Better yet, because transparency is the default state,
12/ performing illegal activities will be infinitely harder in the first place. The duly elected governments of each nation, and by definition the people themselves, will be back in the driving seat. Should a corporation choose to avoid transparent practice
13/ the people can choose to impose an appropriate penalty either through legal sanctions, or by choosing to purchase from socially responsible sources.
So, the Internet Computer is a further tool for state interference?
So, the Internet Computer is a further tool for state interference?
14/ No. It is an infrastructure layer as fundamentally important to modern commerce as roads are to travel. It will provide a transparent pan-governmental consensus driven commercial platform capable of holding corporations accountable to the needs of the people.
When Dfinity?
When Dfinity?
15/ The not-for-profit Dfinity Foundation started building the Internet Computer in February 2017. Delivery of the Internet Computer is scheduled for the first quarter of 2021. But, it is complex and hard stuff they are doing. Follow @dfinity for more information.
