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Kim Dotcom reveals more about his blockchain-inspired alternative Internet

mashable.com

31–40 of 43 posts

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#31
post #8
post #3

Earlier quoted context omitted.

IMO he is more of a shady celebrity businessman than a hacker or innovator, mostly known for his flamboyance.

Is the obligatory comment attacking his character on every thread about him really necessary? How about discussing the solution he is actually proposing?

It's relevant because everything he's done up till now isn't anything technically innovative, just mainly ways for him to make money and promote himself as some kind of Internet hero, which is is not. This project will be more of the same nonsense.

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#32
> To fund the project, Dotcom said the company will be conducting a seed round in January. Once the prototype is ready, he will also undertake a massive equity crowdfunding campaign.

He wants to do what Ethereum and Maidsafe did -- create a crypto-asset, drive up demand by publicity, and then sell it.

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#33
post #8
post #3

Earlier quoted context omitted.

IMO he is more of a shady celebrity businessman than a hacker or innovator, mostly known for his flamboyance.

Is the obligatory comment attacking his character on every thread about him really necessary? How about discussing the solution he is actually proposing?

Did you read the article? He's not proposing a solution, beyond using the words "blockchain" and "encryption".

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#34
post #12

It's not so much of an idea. Many are already thinking about it. Like always the devil is in the execution. I'm more interested into how he will manage to develop it, meaning how much investment he can built up, and what kind of talent he can attract.

It's not an idea. He has no theoretical underpinning. He would have to luck out and hire someone smart enough to actually make something resembling his promises, and then let go of his ego enough to let them do it. Not going to happen, and no amount of capital will help.

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#35
post #24

Earlier quoted context omitted.

I don't think you can dress up the 50% thing as a deliberate design point. It may be a self-mitigating weakness, but still...

>It may be a self-mitigating weakness, but still... I think this is a strange way of looking at things. What non-trivial protocol doesn't have known design limitations? Moreover, what could you possibly hope for in addition to a self-mitigating limitation, i.e: a theoretical limit that doesn't matter in practice?

>> I think this is a strange way of looking at things. What non-trivial protocol doesn't have known design limitations?

It's still a weakness, not a feature, and when a blockchain is not a monetary thing the pressures and incentives to run infrastructure will be different, it's hard to say that a 50% attack won't be possible or desirable in that circumstance.

>> Moreover, what could you possibly hope for in addition to a self-mitigating limitation, i.e: a theoretical limit that doesn't matter in practice?

It's not theoretical though, pools have got there with BTC. There are incentives not to obviously mess with the currency at that point but perhaps subtle ways to operate to your own benefit could happen at that point.

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#36
post #2

Not sure what to think about the Kim Dotcom projects. They all seem to be short lived. What about that mega.co.nz thing he launched lately? I read that he sold it and distanced himself from the new owner already.

And his investments in Letsbuyit.com …

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#37
post #6

Earlier quoted context omitted.

Does he know how to write code? Did he actually write the first version of mega?

The question is, did he really write the first version of Kazaa?

Is it said to be him who wrote it?

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#39
Wouldn't this be akin to creating an alternative to the world wide web and not the internet? It's still needs the internet or any other similar global network to work not to mention that beyond being excessively wasteful I don't really see the point of having a "proof of work" based network rather than other distributed peered networks like Tor or Maelstrom.

Also considering his constant legal troubles and his general some what self destructing personality I have very big doubts that anyone would actually fund this guy.

That note aside I don't really see the value of all of those wannabe "internet replacement" services, I for one would rather see investment going into self arranging, self healing multi-protocols mesh networks that you could seamlessly re-build local networked infrastructure in such events as natural disasters or complete government/infrastructure meltdowns.

A solution that will able you to construct an autonomous peered mesh network across Ethernet, WiFi, Radio, and P2P links like IR and Microwave which can provide internet and WWW like infrastructure when established networks fail or are intentionally shut down can actually be rather useful, while these attempts seem to try to re-invent what already exists and that is internet lock down/censorship bypass, heck even if a government shuts down their internet uplink completely as long as the local networks are intact you can still make Tor and the likes of it work, at least as far as hidden services go and it only requires a handful of exit nodes to have an internet uplink to restore internet services as well.

Re: Kim Dotcom reveals more about his blockchain-inspired alternative Internet

#40
post #26

Earlier quoted context omitted.

Ad hominems? He's a convicted fraudster and embezzler.

An ad hominem (Latin for "to the man" or "to the person"[1]), short for argumentum ad hominem, is an attack on an argument made by attacking the character, motive, or other attribute of the person making the argument, rather than attacking the argument directly.

An ad hominem call is often a logical fallacy, as in many cases the person can be a very key point in the argument.

If some one is running for president for example then his personal views and life experience can and should be brought into question regardless of what his says in his speeches.

This case isn't different, he isn't talking about global warming he is talking about founding and funding a new company so his past, and current troubles are very much material to the debate and cannot and should not be thrown aside because it might appear to to be an ad hominem.

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