Difference between revisions of "World Computer"
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=Excerpts from Vinay Gupta's article= | =Excerpts from Vinay Gupta's article= | ||
[[Smart Contract]]s and the [[World Computer]] 5th paragraph: | |||
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|text=So what do we mean by world computer? In essence, Ethereum simulates a perfect machine — a thing which could never exist in nature because of the laws of physics, but which can be simulated by a large enough computer network. The network’s size isn’t there to produce the fastest possible computer (although that may come later with blockchain scaling) but to produce a universal computer which is accessible from anywhere by anybody, and (critically!) which always gives the same results to everybody. It’s a global resource which stores answers and cannot be subverted, denied or censored (See From Cyperpunks to Blockchains video on youtube). | |text=So what do we mean by world computer? In essence, Ethereum simulates a perfect machine — a thing which could never exist in nature because of the laws of physics, but which can be simulated by a large enough computer network. The network’s size isn’t there to produce the fastest possible computer (although that may come later with blockchain scaling) but to produce a universal computer which is accessible from anywhere by anybody, and (critically!) which always gives the same results to everybody. It’s a global resource which stores answers and cannot be subverted, denied or censored (See From Cyperpunks to Blockchains video on youtube). | ||
Latest revision as of 08:16, 24 June 2022
World Computer is a term defined by Gavin Wood in his yellow paper[1] on Ethereum.
Excerpts from Vinay Gupta's article
Smart Contracts and the World Computer 5th paragraph:
So what do we mean by world computer? In essence, Ethereum simulates a perfect machine — a thing which could never exist in nature because of the laws of physics, but which can be simulated by a large enough computer network. The network’s size isn’t there to produce the fastest possible computer (although that may come later with blockchain scaling) but to produce a universal computer which is accessible from anywhere by anybody, and (critically!) which always gives the same results to everybody. It’s a global resource which stores answers and cannot be subverted, denied or censored (See From Cyperpunks to Blockchains video on youtube).
References
- ↑ Wood, Gavin (April 7, 2022). "ETHEREUM: A SECURE DECENTRALISED GENERALISED TRANSACTION LEDGER" (PDF) (Berlin Version 934279c ed.). local page: ETHEREUM FOUNDATION.
- ↑ Vinay Gupta, Programmable Blockchains, Consensys.Net
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