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11959756 No.11959756 [Reply] [Original]

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3065857

Holy shit. CSW isn't joking around.

Is anyone else reading about Metanet right now? I'm looking on Twitter and just found a link to this paper.

Apparently he just presented it at Coingeek conference.
Thoughts anons?

>> No.11959770

Posting some Twitter quotes, apologies if they are gibberish.

Day3 #CoinGeekWeek

@ProfFaustus #MetaNet
"p2p is #bitcoin
why did we remove it?

in #bitcoin everything that was good was thrown out
because it was too hard.
Turn it off
too hard
we are the geniuses that gave you

Too
hard."

Day3 #CoinGeekWeek

@ProfFaustus
"everything changes exponentially.
1mb blocks are an attack,
the thing that destroys #bitcoin.

Miners don't validate your node.

Miners are out there trying to invalidate other miners,
find errors
more profit.

Capitalism101.

#Metanet."

0 replies 0 retweets 3 likes

>> No.11959772

>>11959756
Does anyone have a link to his full presentation? The one im using only starts mid-way through.

>> No.11959783
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11959783

>>11959770

Day3 #CoinGeekWeek

@ProfFaustus #MetaNet
"select hierarchical groups,
records of changes for authorised parties.

They said toohard?

We can do.

App stores,
swap code."

"military,
gaming companies...

walmart take $50bill expenditure
and make it cheap...

$3 per customer?

we're ripping them off with 1c"

"encryption on the fly.

What we're going to create is the internet as a side chain.

I don't care how
I care that you do.

@handcashapp
nearfield
IP...

it's a value network.
The entire global system
connected commercially"

"this is why we need a dynamic architecture

a foundation protocol to allow everything the internet has.
Actual value.

If they're wrong they don't get paid."

"#deterministicKeys....

all of the equivalent of what hypertext does.

I'm talking rich websites today...
if somebody wanted to build facebook
no ads.

buttons that determine what you like.
Absolute security
split key,
corporate pages.."

>> No.11959786

>>11959756
My thoughts are that you're a fucking retard

>> No.11959792

>>11959756
there is zero hype for this shitcoin. speculators are waiting for Calvin Ayre to pump the coin but beyond that, there is no use case and no community

>> No.11959795

>>11959772

Link?

Day3 #CoinGeekWeek

@ProfFaustus #MetaNet
"I would rather not havea page of ads
be redirected to Nike shoes
and search what I was promised.
What google used to be

before ads.

All of my apps connected by API's.
That's what we're going to start doing."

"patent #1,
a corporate ledger..

instantly recreate company accounts.
using a subset of the #bitcoin ledger
print a report...
something like oracle.

except you don't have a server,
they could be valuable to some people."

taking questions from audience:

"there are great applications already

@money_button
@CentbeeWallet
@squiremining

get on board, start to promote them."

"trade anything
DRM
copyright for fractional parts
merkle tree, tell where someone has used.

Payment for paragraphs.
Allow you to create any amount of applications.

Not what I can imagine..
what YOU image."

>> No.11959801

>>11959795
https://www.youtube.com/watch?v=iHTd9IUDfG0

>> No.11959805
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11959805

>>11959795

Day3 #CoinGeekWeek

@ProfFaustus #MetaNet
"competed.

One network
they can call central all they want
I don't care.

One source of truth.

One system that cannot lie.
With records.

No Enron changes every again.
A system that allows auditing."

"I don't care as long as you don't fuck up everyone else's creation.

We want you reading and writing data
encrypted data
search content

entire content of human nature to be saved.

Think how much data there is.
Data is not information."

"wikipedia.. tried to change.

University has less authority.
Modern troll based internet.

Forbes knows more.

We're going to allow each layer to sell storage.
A central network called the internet.
1 central global network,

of miners."

>> No.11959806

>>11959756
Hello technical illiterate welcome to the new Centralized Internet dreamed by the all cypherpunk community since the 80's.

>> No.11959816
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11959816

Lol. Its gonna be good to watch him fall on his face after he blew a bunch of cash to prop up his shitcoin

>> No.11960386
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11960386

Why is his face so saggy and lumpy?2

>> No.11960396

>>11960386
Alcohol

>> No.11960422

>>11959816
10 internets to you
ninja edit: thank you kind stranger