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Balaji Srinivasan: Balaji’s World (Part 1) | Crypto, China, Capitalism, and a Decentralized Creator Economy

The Quest Pod with Justin Kan

CHAPTER

Decentralized Data Base

Block chains are open state data basis. There's the next step after open source, it's open state where every single row of data is public. With a certain amount of crypto, you have right access. You can write afield. And you can even mine a block if you have sufficient compute. But for permissionless chains, they're a massive innovation in deda base design that allows us to go from one to n root users,. ok, that is huge.

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