The Ethereum Experience
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The document outlines Ethereum as a decentralized platform that utilizes a universal transaction ledger protocol to enable arbitrary state changes and enforce agreements, proposing a 'crypto-social-contract' model. It discusses the transition to Ethereum 2.0 and highlights the importance of decentralization, trust in individuals over authorities, and the differences in technology for various interactions. Furthermore, it describes future web applications and emphasizes the goal of providing secure, easy-to-use information-sharing systems without reliance on centralized authorities.
The Ethereum Experience
- 3. ethereumethereum Universal transaction ledger Protocol determines: order meaning in terms of state change
- 4. ethereumethereum Arbitrary state stored between transactions Arbitrary state changes due to transactions thus Provides arbitration & enforcement for agreements with arbitrary mechanics
- 8. ethereumethereum Proof-of-Concept V Web-Tech API Mutan, Serpent, LLL Explorer, Debugger Out soon!
- 10. ethereumethereum Significant Changes Caller pays Blockchain rent Contracts as objects (no EXTRO) Proof-of-Work
- 11. ethereumethereum Contracts as objects (no EXTRO) Cleaner contract inter-op Sell data in Ethereum as a service
- 12. ethereumethereum Proof-of-Work General-purpose computation Memory-hard ASIC would be Ethereum transaction processor :-)
- 15. ethereumethereum Ether sale Bear with us “2 weeks out” (80% chance it'll happen in a month)
- 17. ethereumethereum SQL &c. | Web Server = Backend PHP, Node.js, ... | browser | WebApp/Site = Frontend HTML/CSS/JS Local Remote :-( Bad Old Days
- 19. ethereumethereum Problem Underlying technology predicated on: Trust (in “authorities”) Centralisation & specifity
- 20. ethereumethereum Trust Cost of Meddling: ~£0 (Marginal) Cost of Attacking: ~£0 If you must trust, trust people, not orgs!
- 25. ethereumethereum Divide, conquer and be honest Public? Spread far & wide. Private? Encrypt, (sign,) spread far & wide. Agreed? Sign, form consensus, spread far & wide. Always, automatically, between ourselves.
- 26. ethereumethereum Different technology for different interactions: Publication & distribution Messaging & bulletins Agreements & relationships
- 30. ethereumethereum Swarm Publication & distribution Whisper Messaging & bulletins Ethereum Agreements & relationships
- 31. ethereumethereum Swarm P2P as always! Data sharing a bit like BitTorrent Semi-permanent, any size of data.
- 33. ethereumethereum Swarm More agile Peer-steering & adaption More secure Encryption, possibly onion routing Better incentivisation Zero-trust logging of contributions
- 35. ethereumethereum Whisper Messaging Think UDP Transient publication Think broadcast Configurable TTL Not strictly async or sync
- 36. ethereumethereum Whisper Peer network spreads all message data Nodes optimse peers to optimise & repair network Secure Private content always encrypted Dark Messages routed probabilistically based on attributes Fast/durable trade-off Shorter-lived messages routed ahead of more permanent
- 40. ethereumethereum Ethereum State of Affairs Account balances, reputation, … Agreements Contracts, unfinished business Archival “What happened for it to end up like this?”
- 44. ethereumethereum Compared to what you know...
- 53. ethereumethereum No “authorities” to trust. No centralisation to fail. Just individuals cooperating under agreement for mutual benefit.
- 54. ethereumethereum Advert is public. Transction is private. Payment is agreed. Just like Real Life.
- 56. ethereumethereum Goals same as always: Usable Information-rich Ease of interaction
- 60. ethereumethereum Great, but it's just one app.
- 64. ethereumethereum What the future might look like...
- 70. ethereumethereum Information on the side...
- 72. Tiles & Pane
- 73. ethereumethereum Simultaneous information from many ÐApps ÐApps self-contained for security & comprehension Extensible Lightweight Familiar