2018/11/30 VIDEO (Metanet) Craig Wright explains his new Internet in layman’s terms
“I was embittered for many years. The design of what has become Bitcoin and Metanet started in 1998 with a project I called Blacknet. It was never Tim May’s version, although he was my inspiration for it. Tim and I were both aligned in being libertarian-Randian, but his concept of it was also one of no government, and he never saw that human nature has elements that would collapse it.”.
Careful what you wish for… by Craig Wright
The Metanet Starts
a 4-Dimensional Supercomputer that lives on Bitcoin.
Metanet has very powerful properties such as:
- Absolute data ownership: Many, many, many, many “decentralized” wannabes have tried to solve this problem, all have failed. Metanet solves this on a fundamental level by using Bitcoin.
- Fungible computation: Bitcoin is private and fungible when used correctly. Metanet makes use of this property to its fullest and provides a fungible computation framework, never possible in any other “blockchain platform”.
- Infinite computation: A combination of two powerful schemes opens a new dimension of computation.
The Planaria of Metanet
But first, let’s take a look at what Metanet is.
It’s not what most people think.
Table of Contents
1. Intro to Metanet
This changed last weekend. It exists now.
Before you panic, let me clarify that Metanet doesn’t invalidate anything you’ve been building on top of Bitcoin. It’s like an extension to existing protocols, which means you don’t have to use it, but it will be much more powerful if you do. Read on to learn more.
The Genesis Metanet Graph was made last weekend:
Most people don’t understand: Metanet is not some philosophical concept. Nor is it a meme. Metanet is a very specific protocol that is also very generic at the same time, so generic that it becomes philosophical.
Sound like contradiction? The best things in life are contradiction.