HomeUploadUpload DirectHotlinkRandomAbouttheme toggle
Expand

Can Ethereum Restore Online Freedom & Transform the Internet?

Views:904
@ReasonVids

"If you think the Internet has affected your life, Ethereum will have that same pervasive influence on our communications and our entire information infrastructure," says Joseph Lubin, who's the founder of the Brooklyn-based software-production studio ConsenSys. "It will impact every aspect of our existence."

ConsenSys, which employs 68 people in nine countries, is developing applications to run on this ambitious new computing platform.

On Ethereum, the same types of services offered by companies like Facebook, Google, Ebay, and Amazon, will be provided instead by computers distributed around the globe. But how does Ethereum bring together these scattered nodes into one network? By using the groundbreaking organizational system known as a blockchain, which The Economist has aptly dubbed "the trust machine."

It’s the same technology that makes possible peer-to-peer exchange of Bitcoins without a bank keeping track of who owns what. Ethereum is controlled by a different kind of blockchain that’s specifically designed to keep this decentralized network in sync, forming one powerful global computer that could one day match the capabilities of a Facebook or a Google.

To find out more about how Ethereum could transform the Internet, watch the story above.

Video length: 8:10.

Written, shot, edited, and narrated by Jim Epstein.

"Over Time" by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/). Artist: http://audionautix.com/

Hollowed Day by Twin Musicom is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/by/4.0/). Artist: http://www.twinmusicom.org/

Go to http://reason.com/reasontv for downloadable versions and subscribe to Reason TV's YouTube Channel to receive automatic notifications when new stories go live.

ethereum
,
joseph lubin
,
consensys
,
vitalk buterin
,
online freedom
,
free minds
,
libertarianism
,
blockchain
,
bitcoin
,
ujo music
,
noncense
,
reason magazine
,
reason tv
    Thumbnail for Is Liechtenstein a Libertarian Utopia?8:20
    Is Liechtenstein a Libertarian Utopia?
    ReasonVids
    919 views
    Thumbnail for Pension Tsunami's Jack Dean on the Growing Wave of Public Pension Debt9:48
    Pension Tsunami's Jack Dean on the Growing Wave of Public Pension Debt
    ReasonVids
    941 views
    Thumbnail for Net Neutrality, Title II Proponents "Assume Nothing Has Changed" Since 1995: Daniel Berninger11:30
    Net Neutrality, Title II Proponents "Assume Nothing Has Changed" Since 1995: Daniel Berninger
    ReasonVids
    896 views
    Thumbnail for The Plan to Create a Giant, Privately Funded Nature Reserve by Selling Beef5:33
    The Plan to Create a Giant, Privately Funded Nature Reserve by Selling Beef
    ReasonVids
    934 views
    Thumbnail for Remy: Better Now? (Post Malone Parody)1:55
    Remy: Better Now? (Post Malone Parody)
    ReasonVids
    781 views
    Thumbnail for 3 Reasons We Shouldn't Bail Out Student Loan Borrowers3:33
    3 Reasons We Shouldn't Bail Out Student Loan Borrowers
    ReasonVids
    961 views
    Thumbnail for Fettergrug's goons toss an angry soy out of a restaurant for daring to ask Chief Grug questions 1:08
    Fettergrug's goons toss an angry soy out of a restaurant for daring to ask Chief Grug questions
    bestofupgoat
    472 views
    Thumbnail for Barracks Bunnies Bang All the Bananas | Grunt Speak17:10
    Barracks Bunnies Bang All the Bananas | Grunt Speak
    Terrence Popp
    411 views
    Thumbnail for The Coddling of the American Mind: How Overprotective Parenting Led to Fragility on Campus54:16
    The Coddling of the American Mind: How Overprotective Parenting Led to Fragility on Campus
    ReasonVids
    944 views
    Thumbnail for Asteroid Revenge0:00
    Asteroid Revenge
    Lilchowmein
    1579 views
    Thumbnail for Ranking Economic Freedom with The Heritage Foundation's James Roberts6:37
    Ranking Economic Freedom with The Heritage Foundation's James Roberts
    ReasonVids
    834 views
    Thumbnail for Nanny of The Month - November 20091:18
    Nanny of The Month - November 2009
    ReasonVids
    867 views
    Thumbnail for Drunk Grunt Stories | Grunt Speak Shorts23:05
    Drunk Grunt Stories | Grunt Speak Shorts
    Terrence Popp
    845 views
    Thumbnail for Americans Believe Most Politicians Abuse Their Power: Reason-Rupe Poll April 20141:18
    Americans Believe Most Politicians Abuse Their Power: Reason-Rupe Poll April 2014
    ReasonVids
    960 views
    Thumbnail for Take What You Need0:18
    Take What You Need
    AOUisgay
    447 views
    Thumbnail for Dave Smith: Comedian, Podcaster...Presidential Candidate?26:32
    Dave Smith: Comedian, Podcaster...Presidential Candidate?
    ReasonVids
    958 views
    Thumbnail for Freedomain Radio's Stefan Molyneux on the Inevitable Growth of the State5:32
    Freedomain Radio's Stefan Molyneux on the Inevitable Growth of the State
    ReasonVids
    874 views
    Thumbnail for Waking Up to a Real Nightmare0:15
    Waking Up to a Real Nightmare
    bestofvoatxyz
    676 views
    Thumbnail for District Works: Improving a City From the Ground Up30:21
    District Works: Improving a City From the Ground Up
    IJvids
    803 views
    Thumbnail for School Principal Bans Homemade Lunches! Nanny of the Month (April 2011)1:47
    School Principal Bans Homemade Lunches! Nanny of the Month (April 2011)
    ReasonVids
    813 views
    Thumbnail for X Doesn’t Mark the Spot | Grunt Speak Shorts11:42
    X Doesn’t Mark the Spot | Grunt Speak Shorts
    Terrence Popp
    643 views
    Thumbnail for Eugene Jarecki on His Drug-War Doc The House I Live In and Why Prohibition is Doomed9:16
    Eugene Jarecki on His Drug-War Doc The House I Live In and Why Prohibition is Doomed
    ReasonVids
    837 views
    Thumbnail for Nanny of the Month (March 2011): Drug Warrior-in-Chief Barack Obama!1:44
    Nanny of the Month (March 2011): Drug Warrior-in-Chief Barack Obama!
    ReasonVids
    950 views

points

Permalink
Reply
ethereum
,
joseph lubin
,
consensys
,
vitalk buterin
,
online freedom
,
free minds
,
libertarianism
,
blockchain
,
bitcoin
,
ujo music
,
noncense
,
reason magazine
,
reason tv
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle