What is it about

The tokenization model, in which value resides in the network rather than its controlling operator

Blockchain Protocol

• layer 1
• layer 2

Programming Dapps

Have to be strongly typed for static analysis;

Blockchain Circular Attention Economy

• Choices of cryptocurrency we want to own, earn or transact with,
• Choices of transactional non-money economies we want to participate in,
• Choices of who you want to share your data with, in return for tangible value or tokens.

Compensation

A lot of companies today externalize labor by getting customers to perform tasks previousely done by employees. We are increasingly spending our time in online activities that we don’t get paid for. Social media for example is a benevolent time consuming activity that has no direct financial paybacks, but plenty of indirect benefits (when used properly).

Most work today is compensated via bilateral agreements between a worker and an employer according to a simple contract: you work in X job, and we will compensate you in Y currency. But what if we had greater autonomies about how we choose our own work such that we can perform a new type of work that may or may not resemble what is traditionally work, and earn cryptocurrency instead of fiat currency. As a result of that, what if, instead of doing one job, we could hold several paying jobs that are diversified, while not being tied down by the constraints of a single job.

Source

This is a new way to value work being done

Decentralized Autonomous Organizations

Proof of Ownership for Intellectual Property

Timestamp with hashed object

Kevin Werbach

Where P2P removes the need for central control points in communication, blockchain does so in computation. Once there is reliable computing across distributed networks, there is reliable exchange of value. And perhaps, that most valuable and elusive of qualities: trust.

If I can be confident that what I’m seeing in my records is what you’re seeing in yours, without the overhead of reconciliation or the risks of trusted third-parties, a whole new horizon of opportunities opens up. True, the same benefits that excite the democracy activists and the bankers also excite the crooks. That’s a challenge, but an addressable one. The bad guys thrive in darkness and obscurity. The blockchain is quickly becoming anything but obscure.

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• There is cryptocurrency: the idea that networks can securely transfer value without central points of control.
• There is blockchain: the idea that networks can collectively reach consensus about information across trust boundaries.
• And there are cryptoassets: the idea that virtual currencies can be “financialized” into tradable assets.

• minimizing trust
• tracking
• trading

Why we must regulate the blockchain gives a good overview of some of the problems with miners and developerss

Technologies to Integrate with Blockchain