With blockchain, there is no need for a centralized source. Computers are connected to a network that provides all accounting for everyone on the chain. If one computer fails, the others serve as backups. All computers connected to the network aid in the development of a communal public-facing ledger. If one fails, the others pick up the slack. Instead of double-entry bookkeeping, blockchain is just X-entry bookkeeping, where X equals the numbers of nodes on the chain.
Intro to Design of Computational Calculi 2: Names, compilable programs, and equivalence of processes
We discuss the role of names and binding and the different notions of equivalence in our examples of computational calculi. Keeping in mind that the goal of these lectures is to be able to design computational calculi with desired properties, we discuss these ideas generally, yet within the framework of our examples.
The variety of disposable electronics (Internet-of-Things, IoT) has grown substantially over the last decade, as prices are falling, and the selection becomes incredibly powerful. Blockchains typically require significant storage and processing resources for all of the cryptography used in the transactions they store
In an interview with Epicenter, Greg Meredith and Nash Foster broke down one of the key things that makes Rholang unique where other languages are lacking due to what can be called a syntax-semantics gap. Nash explained that the simplicity of some languages is deceptive. “You can stand something up and it will sort of work, but you’re going to have a lot of bugs because you don't really understand what you’re doing. The model of computation is too confusing.
This week's Debrief includes a technical explanation of RSong, updates on validator bonding and cost accounting, and updates from the marketing team about website and onboarding improvements. Portfolio companies are starting to set up nodes and write smart contracts. The script used to capture RHOC balances is available for the community to use and review in GitHub. This script supports the issuance of REV in a genesis ceremony. Greg Meredith reminds us of the importance of our relationships and that "our actual work is our best marketing."
Music keeps everyone at RChain focused and engaged on the work in front of us—it is the ultimate social coordinating technology. Each week we feature five songs that a member of our community is listening to. This week Steven Bezzio, a member of RChain's Business Development team, chimes in. Have your own five songs? Tag #myfivesongs @rchain_coop on Twitter.
This RCon3 session features Luigi D’Onorio DeMeo, co-founder of Proof Media. Proof organizes a “wise crowd” to answer questions. Their goal is to identify truth in journalism from a large, well-incentivized community. To do this, they need a tokenized system and a scalable blockchain.
Journalism lacks the kind of mechanisms to filter through content that music and art do. For journalism, there are only fact-checking services that don’t scale.
The origins of language is as debated a topic as the onset of consciousness. Yet we know well its effects: humans have no greater social coordination technology than language. Our expressions, vocabulary, and inflections pin us to a culture.