Most services today are centralized — sharing photos via social networks, uploading files to the cloud, sending and receiving money. In fact it’s how the world has been organized for hundreds of years. But history has proven that the centralized model is flawed and inefficient. Power concentrated in the hands of a few has always been at risk of corruption, greed and chaos. ... Decentralization transfers that power from individuals and corporations to technology and immutable math, leading to reduced overheads, improved security, more resiliency and higher efficiency. .... There are three technologies that will form the foundation of the decentralized computing stack — mesh networks (decentralized networking), block chain (decentralized transactions) and autonomous agents (decentralized decision making). blogs.wsj/accelerators/2014/10/10/weekend-read-the-imminent-decentralized-computing-revolution/
Posted on: Sun, 19 Oct 2014 09:26:08 +0000
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