Blockchain: Rethink Trust
Blockchain: Rethink Trust is a By the Bay technology conference.
Talks & recordings
19 connected sessions
Beyond DAPPS, building an application protocol
When Topl began development in early 2017, Chris and his team set out on a truly unique course for the blockchain space. Instead of trying to build the next Ethereum, a single blockchain meant to run a myriad of decentralized applications (DAPPS) or simply building a DAPP on top of someone else's blockchain, Topl set out to build one of the very few application specific blockchains. The Topl blockchain incorporates a significant but finite set of features, including prediction markets, smart contracts, supply chain integration, and identity management, all in support of a single process, socially-responsible investment into developing countries. In this talk, Chris and Topl's CTO, Jim Aman, will detail Topl's approach to the building its own application-specific blockchain, covering both the benefits and drawbacks of such a strategy.
Bridging the gap between untrusting devs and trust-seeking users
While Satoshi's achievement in designing a consensus protocol for a totally decentralized system isn't overrated, the setup of total trustlessness imposes severe limitations on its scalability. Protocols which give some authority to recognized nodes are easily more scalable and efficient; yet, this boost in performance comes at the expense of needing to trust these nodes. This trust can take vastly different forms, from trusting a single entity with the integrity of the data, to trusting it with the persistence of the state, to trusting it merely for good performance of the system. This spectrum of trust can potentially bridge the gap between developers who advocate for full decentralization and redundancy of the base platform and product managers who are interested in use cases for ordinary trusting end-users.
Connections
19 relationships