2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E48: The role of decentralization, China/US break down & more with Bestie Guestie Balaji Srinivasan

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Block Chains Are Just Slow Data Bases, Right?

Block chains are a massively multiplaer data base where every user is a root user. Thatis meaning everybody can read the rose and the bicoin block an. And anybody who has some bit coin can righte of road, that's a debbit or a credit o to somebody else. Anybody. Blt t compute, can mind blocks. So it's open and permissionless. Similarly, for a decentralized social never cot to operate in a similar way.

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