13min chapter

"World of DaaS" cover image

Bram Cohen, Founder of BitTorrent and Chia: Decentralization, Data Science & Blockchain

"World of DaaS"

CHAPTER

The Importance of Decentralization in Distributed Systems

The speakers discuss the significance of decentralization in distributed systems, using the example of tokenizing carbon credits. They emphasize the need for a secure, distributed database that everyone can agree on. They also question the trust individuals place in centralized institutions for financial systems and propose the use of public key cryptography in payment transactions.

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