2/ In a previous thread, I put together a number of examples of the growing conversation about whether decentralized networks could replaced centralized firms as a model for human organization. https://t.co/Sa5QZPrvHc
— Nathaniel Whittemore (@nlw) August 24, 2018
4/ @SarahJamieLewis wrote this phenomenal post arguing that decentralization is a vector of multiple layers: Protocol, Politics, and Practical, as she put it. https://t.co/YSmmj5Ehir
— Nathaniel Whittemore (@nlw) August 24, 2018
6/ @Melt_Dem reframed decentralization as a proxy word for the properties that we'd like to see brought to life in the systems we're designing: https://t.co/4ZTOV9Ufet
— Nathaniel Whittemore (@nlw) August 24, 2018
8/ On the one hand, it is an increasingly recognized fact that the simply being decentralized isn't likely to sway the average user to compromise on a sub par product. https://t.co/ZOOgE9eUfB
— Nathaniel Whittemore (@nlw) August 24, 2018
10/ But networks aren't invulnerable. A few weeks ago, I helped research a post on how decentralized, tokenized projects could in theory eliminate the “Extraction Imperative” that drives network owners to opaquely capture more data & charge higher prices. https://t.co/FC3vcx6jhN
— Nathaniel Whittemore (@nlw) August 24, 2018
12/ What results is something that is neither “rah rah, decentralization changes everything!” nor “blah blah, stop wasting your time on decentralization” but an actually interesting look at specific chinks in the Web 2.0 accidental monopolist armor. https://t.co/HWleHLzKJY
— Nathaniel Whittemore (@nlw) August 24, 2018
14/ Still, I tend to think that we’re at the beginning of a big wave of incredibly interesting experimentation, and that much of that experimentation comes from a place of sincere motivations. I’m all for promoting smart, nuanced thinking trying new things.
— Nathaniel Whittemore (@nlw) August 24, 2018
15/ With that in mind, what do you think? Do you agree with these assessments or find these risk factors convincing? Is it possible for a decentralized alternative to actually take down a giant?
— Nathaniel Whittemore (@nlw) August 24, 2018
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