This document discusses the transition from the industrial age to the information age to a future "imagination age" enabled by technologies like blockchain and tokenization. It provides examples of how digital assets could be tokenized to ensure proof of ownership, identity, and provenance using cryptography and blockchain. Specific media examples are given where audio could be tokenized frame-by-frame on a blockchain to prevent tampering and verify ownership and integrity.
4. > pwd
Loyyal
● Loyalty and rewards platform
● EVM (Smart contracts)
● Base class: “Everything is an agent”
○ Everything has an address
○ Everything can hold value
○ Everything can transfer value
Decentric
7. > history
Gutenberg galaxy (Global village) Bandwidth:
Rapid spread of information
Parallelize:
Shared scientific research
Economics:
Inexpensive paper
Latency:
Faster than using a scribe
13. > fsck
● Problems
○ Digital *things* can be copied at little to no cost
○ Digital *things* can still be deleted
○ Digital *things* can still be forged
○ Digital *things* can still be lost
● Solutions?
○ Centralization
■ Bank
■ ISP
○ Consortium
■ Media companies
■ News outlets
17. > ./beyond
“Would I design my software differently if each execution had a cost”
“What can I make if I can eliminate the need for trust”
“If I can create a digital *thing* that only one can exist & only in one place”
20. > ...
Each audio frame hash is stored and
references the previous stored hash.
● Proof
○ Has this been altered
○ Are frames missing
○ Which frames are missing / altered
● Identity
Around 1440
Collection of inventions packed into a system Rag paper, Metal Movable type, Oil based ink
> features next page.
Made the world operate faster through optimisation
By 1500 150m to 200m manuscripts had been produced
Let’s Back up a bit to touch on the idea of proof of work.
Prior to the printing press, a manuscript was PoW
A physical item shows that some amount of time was spent.
Time… the scarcest resource More on this later.
Computer revolution iterated quickly
Ethereum’s Vinay Gupta
Landscape changed through an abstract way of interacting with the database
With our new framework in full swing the rush to make all things digital began
But wait…. Remember I slightly touched on the beginning of copy paste?
Similarly to the printing press, bitcoin is a collection of inventions combined into a system for the purpose of optimization and abstraction
Multi dimensional Network of relationships.
Enables the creation of digital *things* that can exist in only one location at any given slice in time
Distributed computation.
Code that costs some amount of value to run.
The next age is sometimes referred to as the imagination age. The age where creativity and imagination will become the primary creators of economic value.