In a panel discussion, Mark Miller articulates a core architectural problem with blockchains. "The hopeful future that I imagined and want to work for is a future in which there is no one decision that the world has to come to joint agreement on." Blockchains: Master Key To Unlock The Future? - Foresight Institute. 2017. youtube 
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In a panel discussion, Mark Miller articulates a core architectural problem with blockchains. "The hopeful future that I imagined and want to work for is a future in which there is no one decision that the world has to come to joint agreement on." Blockchains: Master Key To Unlock The Future? - Foresight Institute. 2017. youtube
A few moments before, Miller articulated a longer description of the concern, nicely contrasted with the early days of the Internet.
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The early days of time sharing had a tremendous variety of architectural diversity both in the
hardware architecture and the operating system. It's maintaining that diversity that led to the rapid
innovation that gave rise to our current world. I bring that up because to my mind well the the early days of time sharing, then the internet was introduced. It created a fabric between all these time sharing systems. So you could get the network effect while still maintaining the architectural diversity. The thing that scares me about many of the blockchain projects is that each blockchain is built as if it's supposed to be the only blockchain in the world. The governance issue is that we need to arrive at a single overall agreement by some governance mechanism as to how that blockchain is run and if you don't like it, you fork. That agree or fork is terribly constraining compared to the architectural diversity that gave birth to the internet that we have now. 9m20s