Internet Computer Report: Recent Episodes
Andrew Phillips & Evan McFarland
One of the biggest issues were facing is BigTech’s hold over our daily lives. The Internet becoming is increasingly centralized to Amazon, Facebook, and Google. We’re enjoying the conveniences of these “free” services they offer but at what cost? Censorship Platform Risk etc.
We’re already seeing the effects where businesses like TikTok are being shutdown by governments, comments and opinions censored by facebook and twitter. And for my crypto friends watching, I’m a huge believer of Ethereum but with 60% of nodes running on AWS and google cloud, it’s a bit disturbing that these centralized powers can have such dramatic effects in every part of our lives, even the decentralized ones. In 2009 Cypherpunks responded to the corruption of financial institutions by creating an incorruptible store of value… bitcoin, in 2020 a new breed of cypherpunks have responded to big tech’s monopoly and have created the Internet Computer.
So what is DFINITY and the Internet Computer creating… In short they are re-architecting the cloud as we know it, Internet Computer Protocol (ICP) extends the public Internet so that it can host back end software. So rather then having to spin up servers and deal with cloud services and firewalls etc.. you can simply write your code, deploy it to the Internet and it would be running seamlessly while being powered by Independent Data Centers throughout the world.
Join us in future episodes as we decipher Dfinity
ICME Founder Houman Shadab joins us to discuss the progress of his no-code builder on the Internet Computer. We discuss his background, functionality of the ICME suite, trends in the IC ecosystem and no-code revolution in general, and many other topics.
Find him @HoumanShadab on Twitter, and learn more about no-code building on ICME.io
Founder and CEO of InfinitySwap on the biggest DeFi developments of the Internet Computer ecosystem, and his personal efforts in creating one of the first Atomic Token Standards on ICP, IS20.
InfinitySwap.one
@infinity_swap
https://medium.com/infinityswap
DFINITY hasn't yet seen major DeFi, Social-fi, or Game-fi elements. Platforms optimized for such features are still waiting for token standard(s). So why the wait and what will the token economy look like on ICP?
Our Blog on this topic: https://medium.com/infinityswap/how-the-token-economy-will-power-internet-computer-adoption-information-on-infinityswaps-4e38706bd2ba
Main Forum Post on Token Standards: https://forum.dfinity.org/t/fungible-token-standard-community-consideration/6158/4
Ideas on the limiting aspects of an ERC-20-like Token Standard: https://forum.dfinity.org/t/thoughts-on-the-token-standard/4694
Security Considerations for a Token Standard: https://forum.dfinity.org/t/thoughts-on-the-token-standard/4694/65
What are the top live Internet services and what are they like? Here we give a brief overview of our favorites.
Check out dfinityapps.co for a curated list of all the IC projects.
5 months after the controversial launch of ICP, it's time to assess and summarize. Here we reflect on where DFINITY's been and where it's going.
@dfinityscan @cloudedlogic @evan_mcfarland_
Today, the 10+ year developer and engineer Jordan Last expresses his long-standing opinions and reservations about DFINITY's Internet Computer ecosystem, its network security, and its connection to Ethereum.
Find Jordan on Twitter @lastmjs
Find his podcast Demergence on Apple Podcasts: https://podcasts.apple.com/us/podcast/demergence/id1570746602
Timestamps
00:00...............................................................Intro
01:00...............................................................Jordan's Web Background
06:50...............................................................Jordan's Blockchain Background
11:20...............................................................Finding DFINITY
14:55...............................................................Internet Computer Node Replication Issue
29:45...............................................................Attack Vectors of the IC's PBFT
36:50...............................................................Solution Prospects
50:00...............................................................Sudograph
57:30...............................................................Ethereum & DFINITY's Future
1:04:00...............................................................Jordan's Podcast
Endorphin, DFINITY's newest initiative to create a crypto-friendly and open operating system for end-user devices is officially a go. Plenty of Web3 projects have tried this, all with no success. Here's what's different this time around and what it means for ICP.
DFINITY's ICP distribution and utility are some deep topics. Hopefully, this clears them up.
Follow us on Twitter:
@dfinityscan @cloudedlogic @evan_mcfarland_
The Internet Computer's launch in a nutshell. Best moments and concepts from DFINITY's Mercury Genesis event.
Cosmos, Skale, Elastos, and other projects were mentioned by our community as DFINITY competitors. This episode reviews each of them with our unfiltered thoughts on how they stack up against the Internet Computer.
Find us on YouTube & Twitter:
@Dfinityscan @cloudedlogic @evan_mcfarland_
Timestamps:
00:00..............................................................Intro
00:55..............................................................SKALE (SKL)
06:00..............................................................Cosmos (ATOM)
11:10..............................................................Elastos (ELA)
12:55..............................................................Others, Solid, Urbit, Near, Solana, Mina, and more.
Twitters:
@dfinityscan @cloudedlogic @evan_mcfarland_
Tim-Burners Lee is the creator of the WWW and leader of Solid that Andrew was referring to :)
Long-standing issues related to blockchain governance are about to be battle-tested with the upcoming release of DFINITY's Network Nervous System (NNS). This episode asks long-standing questions about how blockchains are to distribute the decision-making power of institutions, and runs through some of the far-reaching implications for DFINITY and Blockchain Technologies in general.
Timestamps:
00:00......................................................................Intro
01:55......................................................................Vili's Paradox
03:30......................................................................Blockchain Governance Today
07:00......................................................................Where Governance Applies Today
12:15......................................................................Technical Risks
17:55......................................................................Social Risks
20:30......................................................................NNS Explained
24:30......................................................................Idealized Blockchain Governance
28:40......................................................................Meshing Democratic Systems
30:20......................................................................Problems DFINITY's Governance
32:55......................................................................The Future of Blockchain Governance
Can blockchains take on AWS? ICP might be the first blockchain that can. This episode discusses each of their pros and cons, and how an early-stage DFINITY vs. AWS battle would play out.
Check out the video podcast on YouTube on the Internet Computer Report Channel
Connect with us on Twitter:
@dfinityscan @cloudedlogic @evan_mcfarland_
Topics:
01.30.......................................................the importance of the topic
03:20.......................................................what you need to rival the cloud
05:50.......................................................Ethereum's problem
08:10.......................................................Web3 blockchain problems (Polkadot)
11:05.......................................................AWS vs. Blockchain (DFINITY)
15:45.......................................................AWS vs. ICP costs (pros & cons)
23:10.......................................................Closing
In compiling all the new DFINITY releases/hints in 2021, this episode covers IC Identities, Chain Key Technology, and top community threads/discussions.
Topics:
01:10........Opening
02:10........Community outreach
03:10........Open vs. Community Source Controversy
07:40........Comunity opinions on the issue
09:30........DFINITY's Overall Ethos
14:30........The team's transparency or lack thereof
16:20........Token Distribution Details
22:20........DFINITY ID as Primitive
28:00........New Terminology
31:30........Nodes on DFINITY and Chain-Key Tech
Follow us on Twitter:
@DFINITYscan
@CloudedLogic
@Evan_McFarland_
As we wait on documentation from DFINITY foundation, we cover the recent news as it's been too good to pass up. We chat about and explain the Wall Street Bets, Gamestop, and Robin Hood fiasco and why it is ultra bullish for Web3/DFINITY ICP.
The chat led us to wealth inequality and how DFINITY's ecosystem and DeFi would evolve finance into something more fair and inclusive.
What's driving this bull run? DeFi, Web3 coins, or Crypto IPOs? What can historical crypto bubble cycles and the current narrative tell us about where this is going? How will the circumstances of the crypto markets impact the DFINITY launch? All that and more in this episode.
00:00....................................................intro
01:20....................................................why are crypto valuations growing
04:45....................................................what phase are we in & some history
07:00....................................................changing narratives and why this cycle is different
11:50....................................................preferred coins and strategies for this cycle
14:40....................................................Web3 vs. DeFi for the future
19:20....................................................DFINITY vs. Ethereum for the long term
27:00....................................................Speculating on DFINITY's ICP "cycle"
In recent weeks, we've seen an all time high as it relates to censorship. The president of the United States was banned from twitter and a number of free speech platforms were taken off the cloud.
Andrew & Evan discuss the impact open platforms like the Internet Computer can have on censorship.
Follow us on Twitter and Instagram
https://twitter.com/dfinityscan
https://www.instagram.com/dfinityscan/
The initial public launch of the Internet Computer has occurred. This release came along with a 67min medium article from DFINITY founder Dominic Williams. Right now, the "public" launch is visible only behind closed doors, making what it means for the community a bit cryptic. This episode runs through the major milestones that lead us to the Mercury launch and all the new information and timeline for what's coming.
Follow us on:
icp.report
https://twitter.com/dfinityscan
https://www.instagram.com/dfinityscan/
Two organizations, both led by free-thinking innovators with products initiating a sector-wide paradigm shift. Tesla in 2005 shares a striking resemblance to Dfinity in 2020.
Price data from Dfinities early funding rounds are hard to find and vary based on what currency or cryptocurrency it is compared to. In this episode, we cover all the prices and market cap valuations for Dfinity over the course of its history. We also explain DFN(IOU), the futures coin for Dfinity which is the only tradable "token" around.
The two biggest and most legitimate Web3 projects around today are Polkadot and Dfinity. Decentralizing the Internet is the goal of both these projects but each has mutually exclusive philosophies on how to do it. This podcast does an overview of each to figure out which crypto/blockchain project has the right idea.
Check out the deep dive version with Evan here:
https://youtu.be/J8tXcy3dW0o
00:00.......................................................Intro
01:20.......................................................What is Polkadot
03:50.......................................................What Dfinity does instead of Polkadot
04:52.......................................................Polkadot shards and Substrate
06:35.......................................................Open vs. Closed-source ethos
10:10.......................................................Performance comparisons
13:20.......................................................Are these centralized or decentralized projects?
15:20.......................................................Business perspective on Polkadot
Arthur Falls, former head of communications at Dfinity discusses the future of DeFi and Dfinity's role in it—
Timestamps
00:00......................................................Intro
00:30......................................................Arthurs Background
02:00......................................................DeFi in 2014
06:30......................................................DeFi landscape in 2020 compared to 2014
09:45......................................................What divorcing assets from their blockchains means for DeFi
12:30......................................................Problems with DeFi Today and Dfinity's role
19:00......................................................Market cycles for different blockchains and DeFi systems
25:20......................................................DeFi investing right now
29:10......................................................What to recognize about different DeFi "blockchains"
34:30......................................................Final thoughts/upcoming Dfinity releases
Permissionless platforms like Ethereum and DFINITY have opened the door to a new breed of Finance.
A financial system built on trustless protocols means builders and users alike can interact free of centralized gatekeepers.
The open source ethos of these protocols gives developers and entrepreneurs the freedom to combine and remix different components to create new products.
Imagine a new decentralized BANK that combines lending borrowing (AAVE) Asset Management (YFI) and an Automated Market Maker (UNI)… that is what the minds behind Sailfish Finance have in the works.
Internet Computer Canisters are a unique building block for the decentralized Internet. Here's the simplest explanation for the anatomy of a Dfinity canister, and why it is an evolutionary step for smart contracts.
Since the technology behind canisters is completely novel, there is no quick definition. That is why the Dfinity team explains them as having elements of more mainstream concepts. Namely smart contracts, actors, processes, and Webassembly modules. Each of those is a beast of a topic, so we're hoping to simplify all of them with relatable analogies.
If you want the explanation of canisters straight from the source, head over to this Dfinity blog:
https://medium.com/dfinity/software-canisters-an-evolution-of-smart-contracts-internet-computer-f1f92f1bfffb
From Bitcoin to Ethereum to ???. Since the ICO boom of 2017, Web3 startups all over the world claim to be Ethereum killers and the next generation of blockchain. The only one still holding strong to those claims is Dfinity. Here's a walkthrough of how we got here and why Dfinity stands out from the rest.
Today we will deep dive into DFINITY’s ICP token. Why it's needed and what separate's it from the rest of the space. One of the biggest aspects of a successful crypto project is Token Economics. We went from simple payment tokens like Bitcoin and Zcash to more complex governance & cashflow tokens like Maker and AAVE. DFINITY's ICP token seems to grasp the best of all worlds by combing intrinsic value/asset functions, governance properties, and "fuel" for computing power and storage.
Podcast Timestamps:
0:00..................................Reasons for a tokenomics episode
01:23................................Purpose of a tokenomics
02:45................................ICP Token governance function
04:20................................ICP Token compute function
06:15................................PoS vs. Dfinity's approach
09:25................................Consensus briefing
10:55................................Governance vs. consensus
12:20................................Is this a blockchain?
15:05................................Secondary tokens?
17:00................................Getting involved
17:40................................Decentralizing the token supply
We want to hear from you. Thanks for your viewership and support.
Find and Follow us on Twitter @cloudedlogic @analysisaltcoin @dfinityscan
One of the biggest issues we're facing is BigTech’s hold over our daily lives. The Internet becoming is increasingly centralized to Amazon, Facebook, and Google. We’re enjoying the conveniences of these “free” services they offer but at what cost? Censorship Platform Risk etc.
We’re already seeing the effects where businesses like TikTok are being shut down by governments, comments, and opinions censored by Facebook and Twitter. And for my crypto friends watching, I’m a huge believer of Ethereum but with 60% of nodes running on AWS and google cloud, it’s a bit disturbing that these centralized powers can have such dramatic effects in every part of our lives, even the decentralized ones. In 2009 Cypherpunks responded to the corruption of financial institutions by creating an incorruptible store of value… bitcoin, in 2020 a new breed of cypherpunks have responded to big tech’s monopoly and have created the Internet Computer.
So what is DFINITY and the Internet Computer creating… In short, they are re-architecting the cloud as we know it, Internet Computer Protocol (ICP) extends the public Internet so that it can host back end software. So rather than having to spin up servers and deal with cloud services and firewalls etc.. you can simply write your code, deploy it to the Internet and it would be running seamlessly while being powered by Independent Data Centers throughout the world.
Join us in future episodes as we decipher Dfinity