want to start a company, Im going to hire an executive team, Im going to hire engineers. Theres Consensus here in New York, theres the Ethereum foundationthere are the inaudible 01:01:41 people and then there are other companies who started like either Ethereum events or started consulting with different governments. I think a big problem with tech is that a lot of these large networks tend to be winner takes all the market. Im not going to like break, like basically have a conversation with my dad that you are part of this war. And those problems are like, for example, theres a company Verisign that everyone blindly trusts. So when you describe these walled gardens, lets say the large internet companies today, theyve got a lot of power, right? The story there is that they used to be the same country with India in the middle. What does that world look like and what scares you about it? I feel like if there could be something like a minimalist Twitter, I would love to pay for that app and use that client instead. Imagine like what the early search engines like AltaVista did for the early internet users, like they were the gateway to all the information. Before entering this space, I basically worked in distributed systems.
And people would find it interesting. Five million, so the stuff on Twitter was really. It needs to be super for people to understand like what my credentials are. Has come photoshop print paper labels media type to fruition, were just locking it in for the rest of time and without much thought most times. What Im scared of is actually that the people. Even the first million or two million. Pomp, what youre describing is the incentives for the company are not in alignment with how to cut out paper dolls connected the incentives for the individual.
In this thesis, we present a new internet architecture that explicitly follows the.Muneeb Ali, Jude Nelson, Ryan Shea and Michael.Muneeb Ali s blog.
So I think just the first point here is a choice between different companies that. There are things that were just not afraid enough. Yeah, muneeb, joerg is adjunct professor at NYU and teaches courses on data science and the blockchain at various hypothesis testing in research paper universities. Pomp, i remember I was an undergrad, im just trying to imagine that some people being rewarded just because accidentally they happen to discover a technology before someone else. Yeah, that was one of the reasons for. Can there be Facebook or something else. I was really excited about that technology and that time. Muneeb, just like what happened in Silicon Valley in the late 90s and.
So I think like 10 years from now, I think, at least Im really hopeful that we are able to solve the problems that we created in the last 20 years.Without that corporation, these tokens wouldnt be worth anything or the protocol would never get developed.