CoinDesk Podcast Network - LEIGH: What People Who Aren’t Bullish On Bitcoin Still Like About It

Working with open source software changes the development process, according to this researcher who interviewed hundreds of technologists across projects. 

This episode is sponsored by Crypto.comBitstamp and Nexo.io.

There are people who understand bitcoin yet aren’t obsessively bullish on it. (I know, it’s weird. Like, how?)

Eghbal, a Protocol Labs alum who is familiar with bitcoin, is among them. She described bitcoin as a rare example of a project growing throughout a decade and continuing. Many people measure growth in terms of unique contributors, users or profits. For Eghbal, she said looking at different types of “activity” might offer a better spectrum. 

“Measuring activity is maybe a better way to think about project health...some projects also don’t need to be as actively developed as others,” Eghbal said. “I was also looking at things like maintainers’ responsiveness.”  

In short, are problems promptly fixed before they affect users? The quality of contributions should be evaluated in addition to the sheer number of contributors. Do the people who use the software get unique value from it when they need it?

Another useful metric, she said, can be “work done,” including “how many pull requests are being merged or how many issues are being closed.”

And, luckily, Eghbal isn’t the only researcher who understands bitcoin without being “active” in the “Bitcoin community.” (To be fair, I use these silly words more than anyone.) Privacy tech legend Claudia Diaz, Nym’s chief technologist, said she believes there could be value in cryptocurrency projects, although that’s not her focus nor passion. 

“Cryptocurrency offers an option for the people who use the systems to fund them,” Diaz said. “I’m interested in making systems that make sense and self-sustain because everyone has the right incentives.”

Incentives

There are many different types of value people derive from open source software projects. 

Sometimes they use the software, sometimes they use public work to develop their own personal brand. Eghbal said some of the most widely sought after engineers are “building an active fanbase for whatever they are creating.” 

She added there are “different types of open source projects” with passionate fandoms, like Rust, plus open source developers have “a lot in common” with other types of online content creators. These public displays can lead to dramatic Twitter feuds and heated rivalries, just like other personality-driven roles like TikTok stars and podcasters. 

“I’ve been told so many things are definitely, absolutely true, yet are all conflicting with each other,” Eghbal said of her research. “If I’ve learned anything it’s that developers have opinions.”

This is why Diaz’s token-funded startup, Nym, is developing a privacy layer comparable to Tor, the latter of which she said is heavily reliant on government funding. In contrast, her startup Nym raised $2.5 million in a private token sale in 2019.

“Tor offers different trade-offs,” Diaz said. “We built Nym and the applications on top can be messaging applications or cryptocurrency applications...using the infrastructure to protect their metadata in the sense the network can’t figure out what services you are accessing or what they might be doing with those services.”

Motivations 

Diaz considers herself somewhat of an outsider to the open source developer community, like Eghbal. Their motivations are primarily research-oriented, because research is their job. 

Nym co-founders like Harry Halpin have more experience in (ideological) open source software development. Even coming from different perspectives, Halpin, Diaz and Eghbal all agreed that collaboration and interdependence are the crux of the open source development process. 

“Now instead of relying on a couple of other developers’ code you may now be relying on hundreds of thousands of people’s projects and you don’t even know who these people are,” Eghbal said. 

As such, Halpin said Nym works closely with teams contributing to other open source projects, like Rust, Cosmos and Zcash. In addition, his team often works with independent (quasi-celebrity) developers like Amir Taaki. Sometimes people contribute as a hobbyist or a user with specific needs, other times they are paid. There are many reasons why people work on cryptocurrency projects. 

“I think it would be great to have an infrastructure that could support privacy in a variety of applications,” Diaz said. “Cryptocurrency offers an option for the people who use the systems to fund them...Privacy technologies have been very difficult to market.”

On the other hand, Eghbal described bitcoin as moving more slowly than some other cryptocurrency projects. 

“Trying to prioritize stability is a very different development style rather than allowing people to have lots and lots of features,” Eghbal said, describing Bitcoin as relatively “stable.” 

And even if the price of the asset never goes “to the moon,” perhaps continuing to provide reliable software tools can be a metric of success in itself. 

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NBN Book of the Day - Samuel Morris Brown, “Joseph Smith’s Translation: The Words and Worlds of Early Mormonism” (Oxford UP, 2020)

Mormonism's founder, Joseph Smith, claimed to have translated ancient scriptures. He dictated an American Bible from metal plates reportedly buried by ancient Jews in a nearby hill, and produced an Egyptian "Book of Abraham" derived from funerary papyri he extracted from a collection of mummies he bought from a traveling showman. In addition, he rewrote sections of the King James Version as a "New Translation" of the Bible. Smith and his followers used the term translation to describe the genesis of these English scriptures, which remain canonical for the Church of Jesus Christ of Latter-day Saints. Whether one believes him or not, the discussion has focused on whether Smith's English texts represent literal translations of extant source documents. On closer inspection, though, Smith's translations are far more metaphysical than linguistic.

In Joseph Smith's Translation: The Words and Worlds of Early Mormonism (Oxford UP, 2020), Samuel Morris Brown argues that these translations express the mystical power of language and scripture to interconnect people across barriers of space and time, especially in the developing Mormon temple liturgy. He shows that Smith was devoted to an ancient metaphysics--especially the principle of correspondence, the concept of "as above, so below"--that provided an infrastructure for bridging the human and the divine as well as for his textual interpretive projects. Joseph Smith's projects of metaphysical translation place Mormonism at the productive edge of the transitions associated with shifts toward "secular modernity." This transition into modern worldviews intensified, complexly, in nineteenth-century America. The evolving legacies of Reformation and Enlightenment were the sea in which early Mormons swam, says Brown. Smith's translations and the theology that supported them illuminate the power and vulnerability of the Mormon critique of American culture in transition. This complex critique continues to resonate and illuminate to the present day.

Daniel P. Stone holds a PhD in American religious history from Manchester Metropolitan University (United Kingdom) and is the author of William Bickerton: Forgotten Latter Day Prophet (Signature Books, 2018). He has taught history courses at the University of Detroit Mercy and Florida Atlantic University, and currently, he works as a research archivist for a private library/archive in Detroit, Michigan.

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The Intelligence from The Economist - Going old Turkey: a regional power spreads

Since the Arab spring the country has vastly expanded its military and diplomatic efforts—filling an evident power vacuum and harking back to the days of the Ottoman Empire. Tanzania’s economy was recently upgraded to “middle-income” status, but our analysis suggests something is fishy in its data. And why an Athens hotel will have two floors lopped off its top. For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer

The Best One Yet - “Windows TikTok 2.0” — Microsoft’s TikTok-quisition. Levi’s non-Amazon roadmap. Tyson’s new chicken-free CEO.

Over the weekend, TikTok learned it might be banned in the US. Actually maybe acquired by Microsoft (or maybe not). We break down the TikTok saga. Levi’s CEO revealed its wild new 5-month gameplan in a world where denim is out. And America’s biggest meat producer, Tyson, just made the boldest CEO hire we’ve ever seen: A Google tech guy. Learn more about your ad choices. Visit podcastchoices.com/adchoices See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What Next | Daily News and Analysis - Republicans Are Freaking Out About Kansas

Tuesday’s Kansas Senate primary has Republican party leadership concerned. Polls show that Barbara Bollier, a former Republican turned Democrat, stands a chance in the general election against one of the leading Republicans in the primary, Kris Kobach. So much so in fact that a pro-Democrat super PAC has been running ads in favor of Kobach, hoping to face off against him in November. How would a Kobach win on Tuesday upend the battle for control of the Senate? And what are Republicans doing to stop him?

Guest: Dave Weigel covers politics for the Washington Post.

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Land of the Giants - World War Stream

The "streaming wars" are here, but they're not what you think—or rather, where you think. While competitors are duking it out in the US, Netflix wants to take over the world.


Hosts: Peter Kafka & Rani Molla

This podcast is a production of Recode by Vox and the Vox Media Podcast Network. This episode was produced by Zach Mack, Bridget Armstrong. Our editor is Charlie Herman. Gautam Srikishan engineered and scored this episode. Nishat Kurwa is the Executive Producer.

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The NewsWorthy - Isaias Makes Landfall, Teachers Protest & “The Rock” Buys XFL- Tuesday, August 4th, 2020

The news to know for Tuesday, August 4th, 2020!

We have updates about:

  • Hurricane Isaias: where it made landfall and where it's expected to go next
  • President Trump's TikTok ultimatum: meet one condition or be banned in the U.S.
  • Boeing's new plan to get troubled jets back in the air
  • the pro sports league Dwayne "The Rock" Johnson just purchased
  • what you can now buy from the failed Fyre Festival

Those stories and more in just 10 minutes!

Head to www.TheNewsWorthy.com under the section titled 'Episodes' to read more about any of the stories mentioned or see sources below...

This episode is brought to you by www.Blinkist.com/news.

Thanks to The NewsWorthy INSIDERS for your support! Become one here: www.theNewsWorthy.com/insider 

 

 

 

Sources:

Latest on Hurricane Isaias: AP, USA Today, CBS News, Axios

Teachers Protest Reopenings: Reuters, Al Jazeera, NPR, NJ.com, NY Times

COVID-19 Status, Lockdown Debate: Johns Hopkins, WaPo, Reuters, CNBC

Trump Fraud Investigation: NY Times, Reuters, AP

Trump on TikTok Sale: CNN, NY Times, Reuters, WSJ

Boeing 737 Max Jets Next Steps: Bloomberg, WSJ, NY Times

Google Unveils 5G Phones: Reuters, The Verge, Business Insider, Axios

XFL Sold: CNN, Axios, AP, CBS Sports

Fyre Festival Merch Auction: CNN, The Verge, AP, Auction

Trivia Tuesday: National Geographic, Visit Scotland