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Reweaving the web: A slew of startups is trying to decentralise the online world

economist.com

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Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#21
post #20

"Most are based on open-source software, which anybody can use without charge, so startups will have to make money with add-on services, such as updates, maintenance and subscriptions." I hope that in the next century, we'll chuckle with nervous laughter at how absurd the loaded assumptions in quotes like this were, and at how reasonable it seemed at the time.

Why?

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#24
post #7

Earlier quoted context omitted.

In the short term, you are likely right. But do you remember the days when some folks thought society might not need anything more than CompuServe, prodigy, earthling.net, aol? Long term I am hopeful about decentralization.

I'd definitely like to think so - and in practice, I've done more of running my own infrastructure recently. But what about those who're stuck under capped internet plans? What about the people whose interest in computing begins and ends with owning a smartphone?

What's your setup like?

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#25

Heh, searched for IPFS and was disappointed they didn't because it didn't come up. But turns out it did, they just misspelled it "IFPS".

Even searching for IPFS the first result on google for me is,

https://www.ipfs.com/ lol

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#26
For most of the P2P overlays there are multiple serious attack possibilities (Sybil attack, routing table poisoning).

Some years ago in the university I wrote a paper about that in a seminar to summarize the possible counter meassures, but from what I remember, there were no really practical solutions. I think the most promising one is the use of a centralized certificate authority, which reintroduces some of the problems p2p wanted to solve. Does anyone know if new ideas have come up in the last years?

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#28
This is an important topic. I think that centralization is more of a risk in the digital realm, as single button presses can affect the lives of hundreds of millions of people in serious ways, especially as tech gets more entangled with all aspects of our lives, including very personal things.

Side note: I found it amusing how the article pretended that decentralized downlownding of copyrighted media stopped after Napster, and that:

> these technologies ended up being limited to a few services, such as Skype.

I'm having trouble interpreting the section with this quote as anything other than the author being hugely misleading. According to Wikipedia, BitTorrent alone has at least 150 million users.

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#29
Streembit[0] is missing in the discussion. It's not a new company and just a FOSS project. I believe it has same if not better potential than Ethereum[1] but without the risks associated with Ethereum or Bitcoin (e.g. Sybil attacks, blockchain block size debate, time it takes for proof of work, fully decentralized* etc). Plus it is up and running and can be tested by anyone who wants to give it for a spin[2]. Compared to Ethereum it has optional blockchain hooks, but uses a Kademlia[3] DHT. One can inject scripts that achieve more complex tasks (Smart-Contracts, Code to use the blockchain instead, centralization[4] logic, etc) on top of the Streembit network by injecting the Javascript into the DOM.

Streembit is currently the only such project actively participating to W3 Web of Things standardization group and already incorporates all currently evolving standards put forward by the W3 Web of Things (WoT). We're working on a proposal to standardize "IoT over P2P" that we can put forward to IETF.

[0] https://streembit.github.io

[2] http://blog.valbonne-consulting.com/2016/06/09/streembit-hel...

[3] https://en.wikipedia.org/wiki/Kademlia

[4] despite popular believe P2P networks suffer from centralization issues in P2P bootstrapping. Also Ethereum is not truly decentralized as the DAO attack shows

Disclaimer: I do not financially benefit from evangelising Streembit though I'm a voluntary contributor to the project so my position is certainly one that I would want to see them succeeed.

Re: Reweaving the web: A slew of startups is trying to decentralise the online world

#30
post #11

It's cyclical and this should be obvious to anyone in technology. We move between eras of centralisation and decentralisation. The internet started as a decentralised network in which we then built high capacity centralised systems at an accelerated rate. We're now about to shift back into a new era of decentralisation fuelled by edge/fog computing, IoT and p2p networks all on top of the existing infrastructure. The…

Could be. But how can you assume the trend is cyclical if we've seen only one and a half cycles?
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