Magnificent for bitcoin, this worldwide adoption strengthens the credibility and value of the peer-to-peer network.
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But I think it helps to imagine if Bitcoin were a startup company rather than a peer-to-peer network.
The Internet, with its built-in peer-to-peer-network architecture, made new forms of collaboration possible.
Recently, peer-to-peer network Kazaa ran out of funds to contest legal action brought against it by the music industry, and in early June, Napster filed for bankruptcy protection.
In one, the Californian city of Santa Barbara set up a city-wide peer-to-peer network (in which the computers of different practices and clinics can talk directly to one another).
In addition to the one over licensing fees and a case in Germany involving standard essential patents, Google has maintained legal action against Microsoft in the ITC over a patent relating to a wireless peer-to-peer network, which is not a standard essential patent.
The most significant consequence of these three developments is that, because command-and-control is unsustainable in our new wiki world, the biggest challenge facing traditional organizations is whether or not they can transform themselves from top-down hierarchies to peer-to-peer networks before someone else comes along, creates a competing peer-to-peer network, and puts them out of business.
Additionally, I can invest in co-working spaces where entrepreneurs collaborate, launch an incubator to nurture new ideas, teach classes as an adjunct professor, publish books, form a peer-to-peer educational network, or found a tech company that enables the developmental process with software.
According to Reid Hoffman, the founder of LinkedIn, the site is increasingly becoming a peer-to-peer career-development network.
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The peer-to-peer reputation network establishes naturally a chain of trust.
Lyft is a peer-to-peer ride-sharing network, serviced by regular people driving their own cars not professional taxi or limo drivers.
Three possibilities proposed by Cox: a "peer-to-peer" social network, a cluster of "virtual individual servers" running on a cloud service such as Amazon Elastic Computer Cloud, and "hybrid decentralization, " a mix of the two approaches.
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These are people whose identity is publicly verifiable - members of the Internet identity, security, and privacy communities who believe in the power of a peer-to-peer, socially-verified reputation network.
The new model was peer-to-peer, where every user on the network acts as both a client and a server, sharing files and telling other users where else they can go to get them.
Skype's so-called peer-to-peer technique involves the trick of distributing data packets to relatively precise ports on the network.
We need to have a lifelong set of peer-teachers on whom we can rely to thrive and social networks provide that ever-changing network of peers.
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