A claim upon what? Cryptocurrencies as 'scene'

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Title: A claim upon what? Cryptocurrencies as 'scene'
Authors: Miscione, Gianluca
Permanent link: http://hdl.handle.net/10197/10831
Date: 6-Jul-2019
Online since: 2019-07-01T14:02:02Z
Abstract: The internet architecture, usage, and culture have always been defined by openness. Since its inception in the late decades of the Cold War, internet designers made any node of this digital network equal and capable of bridging new nodes without the need of anyone else’s approval. This way, the formation of single points of failure is avoided because nodes can always be added, and communications can always be rerouted through alternative nodes. This principle of resilience – which assumes that centers are easy targets, thus weak links, rather than strongholds – was intended to prevent the emergence of hierarchies among nodes and priorities among messages. So, Soviet attacks could hit any node but never paralyze the entirety of this network of military communication. The persistent defense of network openness – still visible in the ongoing debate on ‘net neutrality’ – is well expressed by the motto "we reject kings, presidents and voting. We believe in rough consensus and running code", coined by David Clark, a chief internet architect. The same openness proved future-proof through the decades to come.
Funding Details: University College Dublin
Type of material: Conference Publication
Keywords: Digital networkCommunicationBitcoinCryptocurrenciesBlockchainDigital society
Other versions: https://www.egosnet.org/2019_edinburgh/colloquium
Language: en
Status of Item: Peer reviewed
Conference Details: 35th EGOS Colloquium: Enlightening the Future: The Challenge for Organizations, University of Edinburgh Business School, Edinburgh, UK, July 4–6, 2019
Appears in Collections:Business Research Collection

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