45 min
Show 2 - Interview With Amal Sudama, Ethereum Developer Block Runners
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- Technology
In our first interview-based show on BLOCK RUNNERS, we introduce our third co-host - Amal Sudama, an Ethereum developer.
He believes that decentralization, both politically and data-architecturally, allows blockchains to be:
- Less likely to fail because they rely on many separate components.
- Harder to attack because the networks are spread across many computers.
- Harder for users with malicious intent to take advantage of users who are using the platform for its intended purpose.
- Hard-coded with a survival instinct that makes the blockchain very resistant to attacks. If one node stops working, or even 100 nodes, the blockchain survives, assuming there is at least one node up and running.
- Resilient because the blockchain does not stop working even if the power is lost in an entire country, a feature which cannot be said of many of the existing systems we use on the Internet.
Today, companies like Facebook, Amazon, and Google dominate the Internet. They offer many free or cheap services because they are able to collect valuable data on their users, and find ways to monetize that data. As a user of the modern internet, one is never too sure where their demographic and personal data is being used.
Through the implementation of decentralization, also called Web 3, data does not have to be stored in centralized systems. Data can be verified independently and individuals can transact directly with each other, instead of requiring a centralized entity to verify these interactions. Micropayments become a feasible method of being rewarded for value created. Users control how their data is used and accessed over the Internet, and can be paid for the use of their data. Decentralization dis-intermediates central control of systems. Instead of a single company being responsible for writing information to a centralized database, the responsibility of recording transactions falls to anyone who wants to participate in a blockchain.
Thus, decentralized blockchain-based systems are a significant shift in thinking. They are different both philosophically and technically than our current web-based back-end infrastructure and are specifically engineered to be an alternative to the centralized systems we are familiar with.
Amal recommends this link for blockchain newbies to better understand basic concepts: https://www.youtube.com/watch?v=_160oMzblY8
Links mentioned in the podcast are below:
- Truffle Framework for developing Ethereum dapps and smart contracts: https://truffleframework.com
- Unchained is the Ethereum-based solution mentioned for refugee management on the blockchain: https://www.unchained.id
In our first interview-based show on BLOCK RUNNERS, we introduce our third co-host - Amal Sudama, an Ethereum developer.
He believes that decentralization, both politically and data-architecturally, allows blockchains to be:
- Less likely to fail because they rely on many separate components.
- Harder to attack because the networks are spread across many computers.
- Harder for users with malicious intent to take advantage of users who are using the platform for its intended purpose.
- Hard-coded with a survival instinct that makes the blockchain very resistant to attacks. If one node stops working, or even 100 nodes, the blockchain survives, assuming there is at least one node up and running.
- Resilient because the blockchain does not stop working even if the power is lost in an entire country, a feature which cannot be said of many of the existing systems we use on the Internet.
Today, companies like Facebook, Amazon, and Google dominate the Internet. They offer many free or cheap services because they are able to collect valuable data on their users, and find ways to monetize that data. As a user of the modern internet, one is never too sure where their demographic and personal data is being used.
Through the implementation of decentralization, also called Web 3, data does not have to be stored in centralized systems. Data can be verified independently and individuals can transact directly with each other, instead of requiring a centralized entity to verify these interactions. Micropayments become a feasible method of being rewarded for value created. Users control how their data is used and accessed over the Internet, and can be paid for the use of their data. Decentralization dis-intermediates central control of systems. Instead of a single company being responsible for writing information to a centralized database, the responsibility of recording transactions falls to anyone who wants to participate in a blockchain.
Thus, decentralized blockchain-based systems are a significant shift in thinking. They are different both philosophically and technically than our current web-based back-end infrastructure and are specifically engineered to be an alternative to the centralized systems we are familiar with.
Amal recommends this link for blockchain newbies to better understand basic concepts: https://www.youtube.com/watch?v=_160oMzblY8
Links mentioned in the podcast are below:
- Truffle Framework for developing Ethereum dapps and smart contracts: https://truffleframework.com
- Unchained is the Ethereum-based solution mentioned for refugee management on the blockchain: https://www.unchained.id
45 min