For those who do not yet understand what I am releasing, th…
For those who do not yet understand what I am releasing, that is entirely expected.
Most people will initially see banking software.
Others will see encrypted files.
Others will see wallets, databases, digital assets, threshold cryptography, or Bitcoin integration.
Some will see NFTs and immediately misunderstand everything.
The real significance lies elsewhere.
For the first time, digital property can potentially become property in the same sense that physical objects are property.
Possession can become distinct from copying.
Transfer can become distinct from replication.
Ownership can become something more than a database entry or a legal assertion.
The implications extend into finance, law, publishing, government, defence, science, engineering, intellectual property, information security, and every field where information possesses value.
Most people will not understand this immediately because every digital system they have ever used was built upon the assumption that information is copied.
This is built upon the assumption that possession can be transferred.
That distinction sounds small.
It is not.
It changes the economics of information itself.
If successful, I believe this will ultimately prove to be one of the most important developments in computing outside of artificial intelligence.
Not because it creates another product.
Not because it creates another market.
But because it creates an entirely new category of property.
It will take years for people to understand the implications.
Probably a decade.
Many will dismiss it.
Many will misunderstand it.
Many will attempt to explain it using old models and old assumptions.
That is normal.
Truly new ideas are always interpreted through the lens of what already exists.
The final irony is that the part many people will find hardest to understand is not the cryptography, the threshold systems, the possession model, or the architecture.
It is that after spending years building it, I am giving it away.
The code will be public.
The architecture will be public.
The ideas will be public.
Anyone will be able to study them.
Anyone will be able to build upon them.
Anyone will be able to improve them.
The value was never in hiding the idea.
The value is in what the world does with it once the idea exists.
Written by S. Tominaga