/biz/ - Business & Finance

https://techcrunch.com/2018/07/05/bookchain/

>>14093491
Use your words, ranjeet.

>>14093491
Facelink confirmed

>>14093508
They drafted in the former head of Messenger to run their digital currency programme and Cheng is mentioned prominently in the team:

>Marcus’ team at Facebook currently includes Kevin Weil, vice president of product; James Everingham, head of engineering; Evan Cheng, director of engineering; and Morgan Beller, who works on strategy.

https://www.cnbc.com/2018/09/06/facebook-blockchain-team-seeks-business-development-leader.html

When you add this background to the USB screenshots and fact that they will need an oracle solution (as far as I can see) it makes it all quite interesting.

From here, we will have a truly dystopian world where the Facebook not only traces our every action and whim but also has full access to all of our purchase histories. But at least we'll get rich in the process.

>>14093613
White paper on the 18th

>>14093613
>>14093494
>>14093491
LITERALLY WHO?

>>14093613
I agree.

>>14093613
>From here, we will have a truly dystopian world where the Facebook not only traces our every action and whim but also has full access to all of our purchase histories. But at least we'll get rich in the process.
LINK/BTC/ETH makes FB obsolete
These three will allow Urbit to take its final form in the coming years, wihich will disrupt the current big tech hegemony. Essentially it will use API calls as a trojan horse to return individual control over personal data. Without constant data harvesting the modern social media companies will become obsolete.

>>14093637
>>14093613
cont.

brainchild of Curtis Yarvin aka Mencius Moldbug. There's a lot of moving parts to explain, but one they started with was essentially the idea of Urbit as your own "personal server." Right now we've ended up with most content/data on the internet silo'd into one of 5 companies because we're not all Linux Admin's that can serve our own data. Urbit will change that so anyone can serve their own data, and by extension, protect it and share it willingly. This is my favorite podcast about it with Yarvin, whole thing is good but specifically I am talking about approx. 23 minutes in: [https://soundcloud.com/arthurfalls/the-ether-review-46-smoking-dmt-with-mencius-moldbug] The Ether Review #46 - Curtis Yarvin & Galen Wolfe-Pauly on Urbit by Arthur Falls (embed). Essentially a ton of the modern problems with computing can be traced to the fact that our computing architecture, codebase, etc. was developed in the 70's and we have been building makeshift structures on top of it ever since. Consider Urbit to be computing that is made for the year 2050 instead of 1970. The goal is to create an ecosystem of self-sovereign feudal communities on the net instead of our current power structure. They are trying to recreate the experience of Usenet in the 80's which was self-moderated and didn't pester you with ads or data mine you.
Here are some good essays they put out recently:
https://urbit.org/posts/the-100-year-computer/
https://urbit.org/posts/azimuth-as-multipass/

>>14093647
>>14093637
>>14093613
cont.

Theoretically they will "hack metcalfe's law" to build up their network base by creating an on ramp to connect to legacy data feeds and port over existing accounts, while making them accessible under one multipass. It's a long time coming as I believe development began all the way back in 2002, well before anyone in the mainstream had heard of cryptography and cryptocurrencies. All you need to do is buy a planet with ETH on opensea.io (planets have two names like ~ticsun-folryn). You should not have to pay more than like 5-15 bucks for a planet, anything more than that is a scam. Once you have a planet in your wallet with some eth you can follow instructions here: https://urbit.org/docs/getting-started/.. You may also be able to request a testnet ship if you do not want to buy a planet.

give it to me straight

>>14093620
Facetube

>>14093676
Something like that.
But you miss that every arrow on your pic is chainlink

>>14093648
isnt the big idea for blockchain that you can essentially have a computer "unit" that operates within the cloud without sucking up resources and be at the mercy of central mainframe. This would essentially in the long long run lead to a multitude of computing "actors" that dont reside on any particular server.