Intent, Complexity and the Governance Paradox — Bittorrent Lessons for Crypto (3 of 4)

by | Feb 26, 2019 | Uncategorized | 0 comments

All Premium Themes And WEBSITE Utilities Tools You Ever Need! Greatest 100% Free Bonuses With Any Purchase.

Greatest CYBER MONDAY SALES with Bonuses are offered to following date: Get Started For Free!
Purchase Any Product Today! Premium Bonuses More Than $10,997 Will Be Emailed To You To Keep Even Just For Trying It Out.
Click Here To See Greatest Bonuses

and Try Out Any Today!

Here’s the deal.. if you buy any product(s) Linked from this sitewww.Knowledge-Easy.com including Clickbank products, as long as not Google’s product ads, I am gonna Send ALL to you absolutely FREE!. That’s right, you WILL OWN ALL THE PRODUCTS, for Now, just follow these instructions:

1. Order the product(s) you want by click here and select the Top Product, Top Skill you like on this site ..

2. Automatically send you bonuses or simply send me your receipt to consultingadvantages@yahoo.com Or just Enter name and your email in the form at the Bonus Details.

3. I will validate your purchases. AND Send Themes, ALL 50 Greatests Plus The Ultimate Marketing Weapon & “WEBMASTER’S SURVIVAL KIT” to you include ALL Others are YOURS to keep even you return your purchase. No Questions Asked! High Classic Guaranteed for you! Download All Items At One Place.

That’s it !

*Also Unconditionally, NO RISK WHAT SO EVER with Any Product you buy this website,

60 Days Money Back Guarantee,

IF NOT HAPPY FOR ANY REASON, FUL REFUND, No Questions Asked!

Download Instantly in Hands Top Rated today!

Remember, you really have nothing to lose if the item you purchased is not right for you! Keep All The Bonuses.

Super Premium Bonuses Are Limited Time Only!

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

Get Paid To Use Facebook, Twitter and YouTube
Online Social Media Jobs Pay $25 - $50/Hour.
No Experience Required. Work At Home, $316/day!
View 1000s of companies hiring writers now!

Order Now!

MOST POPULAR

*****
Customer Support Chat Job: $25/hr
Chat On Twitter Job - $25/hr
Get Paid to chat with customers on
a business’s Twitter account.

Try Free Now!

Get Paid To Review Apps On Phone
Want to get paid $810 per week online?
Get Paid To Review Perfect Apps Weekly.

Order Now
!
Look For REAL Online Job?
Get Paid To Write Articles $200/day
View 1000s of companies hiring writers now!

Try-Out Free Now!

How To Develop Your Skill For Great Success And Happiness Including Become CPA? | Additional special tips From Admin

Talent Progression is normally the number 1 vital and main element of having real accomplishment in all procedures as one noticed in our own community in addition to in Throughout the world. Which means fortunate enough to talk over together with you in the following in regard to precisely what productive Competence Advancement is; ways or what approaches we function to obtain wishes and inevitably one should deliver the results with what anyone is in love with to complete each time of day just for a total living. Is it so good if you are have the ability to acquire quickly and find success in exactly what you believed, planned for, self-displined and been effective hard every single daytime and certainly you turn out to be a CPA, Attorney, an entrepreneur of a huge manufacturer or even a physician who can easily really add good support and valuations to other people, who many, any modern society and network undoubtedly popular and respected. I can's believe that I can guidance others to be major competent level exactly who will lead sizeable systems and pain relief valuations to society and communities nowadays. How pleased are you if you turn out to be one like so with your unique name on the title? I get arrived on the scene at SUCCESS and prevail over virtually all the very hard pieces which is passing the CPA tests to be CPA. On top of that, we will also protect what are the stumbling blocks, or alternative complications that can be on your strategy and the way I have privately experienced all of them and should demonstrate to you learn how to beat them. | From Admin and Read More at Cont'.

Intent, Complexity and the Governance Paradox — Bittorrent Lessons for Crypto (3 of 4)

Following on from my posts about Why Bittorrent Mattered and What Decentralization is Good For, I want to discuss three themes related to decentralized ecosystems which were all relevant to Bittorrent and are all relevant to many crypto projects.

At the end of my post on what decentralization is good for I argued the main justification for a decentralized architecture was its resistance to various forms of censorship, or put a different way an ability the break the rules without anyone being able to stop you. There may be useful projects that have nothing to do with rule-breaking, but if the gold in the gold-rush is indeed rule-breaking, then without any rule-breaking it won’t much matter what sort of picks and shovels you are trying to sell.

While it’s tempting to focus on the actual rules being broken, we shouldn’t forget about the person or company breaking the rules. And this introduces the thorny problem of ‘intent’.

The uncomfortable thing about ‘intent’ is that in the final analysis, the legal system has very little patience for defendants who set out to break laws. When looked at holistically, if an ecosystem enables wholesale law-breaking and is built on technology explicitly designed to break those laws — at some point the enforcers are going to come looking for the authors to hold them accountable.

By and large Bittorrent Inc. and Bittorrent’s inventor Bram Cohen were able to skirt around the intent problem as it was clearly never Bram’s intent to engineer a system to broker the type of rule-breaking that occurred. In fact the popularity of Bittorrent was wholly accidental. 
On a parallel path, although Satoshi’s Bitcoin whitepaper was pretty explicit in its intent to break rules, the anonymity of its authorship has prevented the possibility to hold a person or entity accountable for any rules that could have been broken.

The approach of Ethereum is presumably more similar to that of Bittorrent — do nothing to try to adapt it as a better way to break any specific set of rules, and encourage good use cases as publicly as possible.

Contrast this with the start-ups who are on the public record aiming to break rules with their un-censorable system once it is launched. For example a certain well funded project which commendably wants to break the terrible music copyright and royalty rules that make the DJ art-form prohibitively expensive to publish online. But given they are on the record with this objective, its hard now to see enforcement authorities looking kindly on them (or their VC investors) in the event that they succeed.

So does this mean that you should simply not promote what you’re doing? Or do so with a veil of anonymity so no-one can join the dots? Or just get lucky and succeed by accident like Bittorrent did? And what will we discover of the future legal liability of those who flagrantly break rules (even very unpopular ones), or those who have leading roles in a blockchain system that makes it possible?

A second important theme for decentralized systems is a common lack of appreciation for just how complex these systems are and how finely balanced they need to be to operate correctly.

I originally joined Bittorrent in 2007 to work on a decentralized CDN which aimed to do something like “tie together all the unused storage and bandwidth on people’s PCs into a content delivery network which had zero operating costs (for us)”.

In time it proved there were a number of things wrong with this ambition (most of which I won’t touch on here), although perhaps the most important one which we discovered the hard way was the cost of complexity.

It was technically possible to cobble together some sort of CDN from under-utilized PCs, but we were flat wrong that this represented a free resource that could be easily aggregated and sold. On one side consumers had a strong perception that the bandwidth was theirs and not ours to re-sell, so to try to do so was costly in the form of goodwill with consumers. Even more damagingly we discovered that our CDN needed to integrate well with a fast growing and fast evolving tech stack designed to manage and deliver media online. The advantages we offered in terms of cheaper prices for delivering bits were vastly overshadowed by the sort of concessions our prospective customers would have to make in rearchitecting their content management systems. A value proposition of “a bit cheaper but much more complex and much less flexible” was ultimately not very appealing. We thought it was a strictly cheaper solution, but when framed holistically it was anything but.

And this was for a decentralized system that in truth was entirely centrally controlled and managed. For a system that must support independent developers writing software which speaks the same protocol the complexity is still bigger. The truth is that large scale decentralized systems, even when there is only one developer, are fiendishly difficult to get working right, and this ultimately must add into the cost.

Overall its hardly surprising at this point that the timelines for projects seem to keep getting pushed out as engineers are facing down the sheer difficulty of challenges they are faced by — many of which may not actually be solvable no much how much money you throw at them. On one side they must accommodate a fluid future and integrate with the predominant internet technology paradigm of “launch MVP quickly and iterate”, and on the other they must get it absolutely positively right the very first time, because of the third and final theme I’d like to discuss:

Governance in this case means the ability to make decisions efficiently and implement them quickly and effectively. Decision-making in a rule-breaking decentralized system is very hard. In fact it’s worse than that — decentralized governance is perhaps something close to an oxymoron. In a decentralized system which can’t be controlled, it is very hard to, errrm, control it. That’s the point. You can’t have it both ways. It turns out, viz. Bittorrent, that you can indeed build and release a system such that when ‘the man’ comes over to compel you to stop whatever it is that you’ve done that annoys him, you can actually say “no, sorry, it can’t be done”. But you cannot then turn around and easily make changes and updates to that system. Coordination costs are high and the timeframe to get things done is extremely long. This at least is the experience of BitTorrent Inc. and the Bittorrent ecosystem.

Getting things done in a rule-breaking decentralized system is hard for at least three reasons:

These exact same themes are clearly playing out in the world of crypto-currencies. Pre-launch these projects are completely centralized so they are blissfully immune to this issue and are able to make progress at speed. But post-launch, to the extent that projects are truly decentralized (clearly many only pretend to be) they are incredibly hard to govern. The difficulty of deciding what should happen next has caused progress to slow to a crawl and led to contentious stand-offs and projects splintering.

There are a number of crypto-projects which are trying to address the governance issue with various approaches to enabling decision-making that is ‘fair’ and ‘effective’ (for some definition of those terms). But in practice the only way to make any large-scale governance viable is to re-centralize power in a smaller number of deciders with some number of rules around how you can become and remain a decider. This role of ‘decider’ becomes more and more problematic the more successful an ecosystem gets at breaking rules, and the less willing the ‘deciders’ are to be held individually responsible. Established decentralized governance in the form of bodies like ICANN, the IETF and W3C have long been slow, contentious and prone to the undue influence of major participants. But I expect that governance of rule-breaking decentralized systems will present an even greater challenge as a result of the perceived liability even of participation, and certainly of leadership.

I’m always curious to look at crypto projects to see how they handle the problem of intent (do they talk about the rules they are trying to break), how well they understand the cost of complexity that their plans entail, and how they are addressing the governance paradox where every decision is going to be harder than the last.

(My final post in this series is on who wins in the face of decentralized disruption.)

Intent, Complexity and the Governance Paradox — Bittorrent Lessons for Crypto (3 of 4)

Research & References of Intent, Complexity and the Governance Paradox — Bittorrent Lessons for Crypto (3 of 4)|A&C Accounting And Tax Services
Source

Send your purchase information or ask a question here!

14 + 10 =

Welcome To Knowledge-Easy Management Sound Tips and Thank You Very Much! Have a great day!

From Admin and Read More here. A note for you if you pursue CPA licence, KEEP PRACTICE with the MANY WONDER HELPS I showed you. Make sure to check your works after solving simulations. If a Cashflow statement or your consolidation statement is balanced, you know you pass right after sitting for the exams. I hope my information are great and helpful. Implement them. They worked for me. Hey.... turn gray hair to black also guys. Do not forget HEALTH? Skill level Improvement is usually the number 1 important and chief element of achieving real achieving success in all of the jobs as one watched in a lot of our contemporary culture not to mention in Around the world. Consequently fortunate enough to explain together with you in the next about whatever powerful Proficiency Advancement is;. just how or what strategies we deliver the results to accomplish goals and finally one could perform with what the person adores to can each and every time of day pertaining to a 100 % living. Is it so amazing if you are equipped to acquire efficiently and uncover being successful in what you dreamed, directed for, regimented and been effective hard each day time and unquestionably you come to be a CPA, Attorney, an entrepreneur of a good sized manufacturer or even a healthcare professional who are able to tremendously add good aid and principles to some people, who many, any modern culture and local community unquestionably popular and respected. I can's believe that I can support others to be prime professional level just who will bring critical treatments and pain relief valuations to society and communities at present. How cheerful are you if you turn into one similar to so with your very own name on the title? I have arrived at SUCCESS and prevail over every the complicated regions which is passing the CPA exams to be CPA. Moreover, we will also handle what are the downfalls, or other sorts of difficulties that is likely to be on the option and how I have privately experienced all of them and will exhibit you methods to defeat them.

0 Comments

Submit a Comment

Business Best Sellers

 

Get Paid To Use Facebook, Twitter and YouTube
Online Social Media Jobs Pay $25 - $50/Hour.
No Experience Required. Work At Home, $316/day!
View 1000s of companies hiring writers now!
Order Now!

 

MOST POPULAR

*****

Customer Support Chat Job: $25/hr
Chat On Twitter Job - $25/hr
Get Paid to chat with customers on
a business’s Twitter account.
Try Free Now!

 

Get Paid To Review Apps On Phone
Want to get paid $810 per week online?
Get Paid To Review Perfect Apps Weekly.
Order Now!

Look For REAL Online Job?
Get Paid To Write Articles $200/day
View 1000s of companies hiring writers now!
Try-Out Free Now!

 

 
error: Content is protected !!