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RE: Ethereum Case Study – Understanding What, Who, Why, When, and How - Part 1 (What)
I hope you see this as constructive feedback:
can Blockchains really "process code?"
when blockchain is a type of data-structure (Blockchain is not the network!), can it be a technology?
What is really the Technology called DLT (distributed ledger technology?)
Ethereum and Bitcoin are Protocolls...also the whole Network is called "Ethereum" and "Bitcoin" but what is a network anyways (I mean the computer scientific and the network theoretic definition, not what the mainstream think it is)?
And is the super computer "Ethereum" (fast as a PC from the 80s) as a Unit/ a whole, the same as the Network?
upvote and resteem
Thanks @launch3d. All feedback are well received. By no means do I think of myself as a Tech/coder/expert on matters of technology. So, I do appreciate your thoughts and comments. I agree with you that Blockchain is not the end-all but I think what it does do is opens up the dialogue of potential.
I'm not familiar with your terminologies or the distinctions that you are making about Network, Technology, Protocols etc. I think what I was referring to is that with Smart Contracts, which is essentially a IF THEN statement, then in certain ways, it could process code. "AI" aka...Artificial Intelligence at the end of the day is based on the IF THEN statements...and Machine Learning is about layering multiple layers of IF THEN statements then, it is possible that Ethereum's offering of SMART CONTRACTS could potentially result in creating new versions of smart contracts etc. I think its all wonderful.....
Please feel free to correct me. I'm still learning. I've been talking to some my friends who have been working on APPLES self Driving Car which incorporates AI (my buddy came from JPL's MARS rover project) ...so I'm just using him as my point of reference.
I like your approach very much and I saw that you read the oaktree memos and that you are interested in alternative investing. Such an approach is all about inefficiencies in the markets, chances for inefficiencies in well informed, established markets are low. But here we have inefficencys, a big lack of knowledge even at the banksters level. Non trivial problems like the scaleability trilemma, people are not aware off. In the hedgefund sector (e.g. pantera, polychain) they have experts for every important aspect (Gametheory, one Smartcontract Expert, one Kryptography Expert) because they see the chance of using those inefficencys. You do your job pretty well and I think it will be easy for you to bring your studys to an advanced level. I dont think that we need to read code but we have to avoid the misconceptions. Marks was reciting Twain and i think it fits the Crypto "Investors" Space here on Steemit really well "It ain't what you don't know that gets you into trouble. It's what you know for sure that just ain't so."
You will find out about the terminologys, because you use your research as a exercise i dont want to disturb it right now, I will just follow your articles. The smartcontract part was fine