Bitcoin Audible

Read_751 - Decentralization: Why Dumb Networks Are Better [Andreas Antonopolous]


Listen Later

"Some networks are “smart.” They offer sophisticated services that can be delivered to very simple end-user devices on the “edge” of the network. Other networks are “dumb” — they offer only a very basic service and require that the end-user devices are intelligent. What’s smart about dumb networks is that they push innovation to the edge, giving end-users control over the pace and direction of innovation. Simplicity at the center allows for complexity at the edge, which fosters the vast decentralization of services.
Surprisingly, then, “dumb” networks are the smart choice for innovation and freedom." — Andreas Antonopolous


Today we read another "Bitcoin classic" that deserves a place on the Bitcoin Audible catalog. Back from 2015, Andreas writes an incredible piece, still fundamental to understanding Bitcoin and the nature of decentralization to this day, why "dumb" networks are better. What does he mean by this, and why would a dumb network foster innovation, where a smart network stifles it? Don't miss this essential piece of Bitcoin history.


  • Andreas' Website: https://aantonop.com/
  • Anil's reads list: Essential Bitcoin Essays: A Reading List
  • Check out the original article: Decentralization: Why Dumb Networks Are Better - Foundation for Economic Education

  • A huge thanks to our sponsors, and don't forget to check out the offers for the listeners of this show!

    • Code BITCOINAUDIBLE gets 9% off the ColdCard! ⁠https://bitcoinaudible.com/coldcard⁠
    • Debit card with Sats Back on EVERYTHING: ⁠bitcoinaudible.com/fold⁠
    • Buy Bitcoin at ⁠https://swanbitcoin.com/guy⁠

    • -------------------------

      “Liberty is not merely one particular value…it is the source and condition of most moral values. What a free society offers to the individual is much more than what he would be able to do if only he were free.” — F.A. Hayek

      ---
      Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
      ...more
      View all episodesView all episodes
      Download on the App Store

      Bitcoin AudibleBy Guy Swann

      • 4.9
      • 4.9
      • 4.9
      • 4.9
      • 4.9

      4.9

      416 ratings


      More shows like Bitcoin Audible

      View all
      TFTC: A Bitcoin Podcast by Marty Bent

      TFTC: A Bitcoin Podcast

      753 Listeners

      The Peter McCormack Show by Peter McCormack

      The Peter McCormack Show

      2,163 Listeners

      The Bitcoin Standard Podcast by Dr. Saifedean Ammous

      The Bitcoin Standard Podcast

      424 Listeners

      Stephan Livera Podcast by Stephan Livera

      Stephan Livera Podcast

      413 Listeners

      The Pomp Podcast by Anthony Pompliano

      The Pomp Podcast

      1,836 Listeners

      What Bitcoin Did by Danny Knowles

      What Bitcoin Did

      227 Listeners

      Swan Signal Live - A Bitcoin Show by Swan Bitcoin

      Swan Signal Live - A Bitcoin Show

      179 Listeners

      The Bitcoin Matrix by Cedric Youngelman

      The Bitcoin Matrix

      83 Listeners

      The "What is Money?" Show by Robert Breedlove

      The "What is Money?" Show

      666 Listeners

      Coin Stories by Natalie Brunell

      Coin Stories

      400 Listeners

      Simply Bitcoin by Nico Moran and Optimist Fields

      Simply Bitcoin

      73 Listeners

      Rabbit Hole Recap by ODELL and Marty Bent

      Rabbit Hole Recap

      120 Listeners

      THE Bitcoin Podcast by Walker America

      THE Bitcoin Podcast

      32 Listeners

      Money Matters with Jack Mallers by Money Matters with Jack Mallers

      Money Matters with Jack Mallers

      96 Listeners

      The Bitcoin Frontier by Unchained Capital, Inc

      The Bitcoin Frontier

      32 Listeners