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Nazarov: Blockchains offer open implementations alongside open interfaces

Denis Nazarov · Crypto and the Evolution of Open Source · Aug 20, 2018 · at 20:16

Denis Nazarov, a partner at a16z Crypto, contrasts black-box Web2 APIs (like Twilio) with blockchain-based services that expose both their code blueprints and running state.

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“And I think what's different about blockchains is all these services, the interface is open, but also the implementation is open. So, you know, it's not only can you like benefit from its utility, you can like pull back the covers and see how it's working in real time.”

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