Dixon: Blockchains are computers capable of making immutable, programmatic commitments
Chris Dixon · Chris Dixon – The Future of Blockchain at a16z (Capital Allocators, EP.172) · Jan 11, 2021 · at 35:02
Chris Dixon (General Partner at a16z) explains the core architectural difference between centralized platforms and programmable blockchains to Ted Seides.
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“I call blockchains computers that can make commitments. And so what that means is you write some software on the Ethereum computer and you can write some software that says, I'm going to build a social network. And on this social network, I'm going to commit to you that if you make a post, I'm not going to take down your post unless X, Y, and Z happen, like some kind of like strict computer terms, right? If you're a developer building on my social network, like you, my take rate is X and it will never change. And I'm committed to that”
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