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The problem here is that the money is made by providing commodity services rather than engineering effort. So the person who designs the innovative decentralize
by jiggy2011 13y ago
The problem here is that the money is made by providing commodity services rather than engineering effort.
So the person who designs the innovative decentralized system makes much less money than the person who can throw a lot of cheap servers into a rack.
- tlrobinson 13y agoBitcoin itself is possibly one of the first exceptions to that. We could see more opportunities for distributed services to be monetized in similar ways. It needs to be done carefully, as there's a strong bias against "pre-mined" schemes. Read up on DAO/DACs if you're interested ("Decentralized/Digital Autonomous Corporations/Organizations" https://en.wikipedia.org/wiki/Digital_Autonomous_Corporation https://en.wikipedia.org/wiki/Digital_Autonomous_Corporation https://en.bitcoin.it/wiki/Distributed_Autonomous_Community_/_Decentralized_Application https://en.bitcoin.it/wiki/Distributed_Autonomous_Community_...). It's still mostly theoretical stuff, but Ethereum, ProtoShares, etc are working on these ideas.
- hoggle 13y agoMaybe if there was some kind of token connected with paying the services the originator would be able to stash a lot of them very cheaply at the very beginning of the network's lifecycle - think Bitcoin/Namecoin again.