decentralization

Originally published April 3, 2017 A hedge fund is a collection of investors that make bets on the future. The “hedge” refers to the fact that the investors often try to diversify

Napster, Kazaa, and Bittorrent are peer-to-peer file sharing systems. In these P2P systems, nodes need to find each other. Users need to be able to search for files that exist across the

Humans organize into groups. There are lots of group types: religions, corporations, national governments, state governments, citizenries, clubs, musical bands. Every group has

The Internet was designed as a decentralized system. Theoretically, if Alice wants to send an email to Bob, she can set up an email client on her computer and send that email to Bob’s

Cryptocurrencies give us a decentralized financial system. OpenBazaar is a decentralized commerce system. A merchant can log onto OpenBazaar and post a listing for an item–for