We live in an age of google images, social networks that fuel the uncontrolled distribution of content, art, images and made every digital information into a free social good.

The fear of “content” reproduction has been raised by people like Walter Benjamin (German-Jewish cultural critic) since the early days of photography and warned about the threats of “mechanical” reproduction of art. He claims that: “The aura is found in a work of art that contains presence. The aura is precisely what cannot be reproduced in a work of art: its original presence in time and space.”

The story about blockchain startups failing to find a product market fit.

The mystified story of blockchain as a trans-galactic solution, that should solve all problems at once, gave rise to a false focus among startups. It has become a game of comparing who has a “bigger” solution and can revolutionize finance and lawnmower industry at the same time. The practical mind got lost with the hype and coders have forked each other so many times that they got detached from the real world.

It’s like a wrong math equation, when you missed a single sign and now are solving…

Imagine there is a land of industrial age, where nothing grows, so every factory built works solely on contract manufacturing.

Total output capacity of those factories is measured in engine’s daily rotations. Nobody could own rotating units and to establish a fair (competitive) access, factories decided to use finite number of “Plastic Passes” that could be freely traded among the clients.

This move divided actual price of manufacturing from the price of “PP” so that the cost of an operation doesn’t had to be changed every time the market moved and created an instrument that allowed factories to prioritize high…

Recently we’re seeing a rising hype, related to the integrations of the Blockchain technology by governments as a fundamental layer for securing the databases and entering the new era of pioneering solutions. Where technology should serve as a revolutionary saviour against corruption, bureaucracy and fraud.

I think there is a major lack of understanding by both counterparts; the technology providers — about the real burden of internal and regulatory processes within the state and statesman’s understanding of the technology itself. …

The major misconception of the blockchains consensus model is a belief of a utopian, distributed decision-making process. Sometimes words such as: trust-less, anonymous, permission-less lead people to an image of a blind, supernatural formation of the agreement between the network participants, caused by forced altruistic behaviour of the network nodes.

But the reality is that the state equilibrium in majority of blockchains, on a large scale comes from two phases of: authority formation, followed by the democratic voting by in/deterministic majority or delegated participants of the network.

Take for example the bitcoin protocol, POW consensus is an average 10 minute…

Lasha Antadze

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