Aug 21, 2018
Dfinity's Dominic Williams talks about how Dfinity is an internet computer that can host our software and data, instead of it being held by centralized services. He describes the consensus algorithm, threshold relay, and why he believes Dfinity will be much more secure than Bitcoin. We also dive into Dfinity's governance mechanism, the "blockchain nervous system." Williams, who has written about the "AI-managed environment provided by the blockchain nervous system" and talked about how Dfinity upgrades the "code is law paradigm" to "the AI is law paradigm," explains on the show that the blockchain nervous system is not an AI and is manually controlled by users.
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Episode links:
Dfinity: https://www.dfinity.org
Dominic: https://twitter.com/dominic_w?lang=en
Dfinity as decentralized cloud: https://medium.com/dfinity/the-decentralized-cloud-vision-of-the-dfinity-blockchain-f68449c49be2
Dfinity consensus algorithm: https://medium.com/dfinity/dfinity-white-paper-our-consensus-algorithm-a11adc0a054c
Threshold relay: https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/threshold-relay-blockchain-stanford.pdf
Posts where Dominic has described Dfinity's governance system as an AI:
https://medium.com/dfinity/dfinity-in-a-nutshell-a-non-technical-introduction-ec45ec5967c1
https://medium.com/dfinity/the-dfinity-blockchain-nervous-system-a5dd1783288e
Phi: https://dfinity.org/pdf-viewer/pdfs/viewer?file=../library/phi-dfinity-extended-v2.pdf