RE: Simplifying TAUCHAIN: What You Need To Know About One Of The Most Fascinating, Significant Projects On The Block(chain)...
It's definitely an interesting project. The Tau Meta Language is due to be completed this month followed soon by a demo. Keep an eye on it.
Ask any questions in the Tau telegram chat: https://t.me/tauchain
The goal is Tau is simple: it'll be the first useful general decentralized network. Imagine a decentralized network whose code can automatically update and be executed according to the real time wishes of it's users. That's Tau. With Tau, each successive block of the blockchain is defined by the previous block according to the on the fly specifications of its users. There is no voting, no centralized core coding team. It is a seamless form of decentralized self amendment that takes into consideration the wishes of its users at any given time.
This isn't done via magic and is very sophisticated under the hood. Tau requires a decidable, self defining logic which supports negation, a meta language that can translate any computer language defined under it, the ability to scale discussions and derive knowledge up to millions of users, synthesize code automatically, and finally implementation of the blockchain. It took Ohad, the smartest person I know, years to come to this design.
A true general decentralized network doesn't come from just shoving a turing complete language into the blockchain. That's far too simple and impractical. Forcing everyone to run the same code in a single turing complete language would be like if bittorrent forced everyone to download and upload the same files, yet almost half the money in the sector are invested in these projects.
Give it time, Tau will demonstrate it's something else entirely: a not just practical, but indispensable technology.
EDIT: Small factual correction, Ohad went to university at the age of 13, not 12.
I hope to see more of your writing on it soon coming out regularly, as it (this being but one example) is definitely some of the best, easily-accessible, well-articulated coverage out on the project so far.
🙏💖
I definitely will write more when milestones are met.
I don't explain Tau well, because I know I don't understand it very well. I try to learn and eventually get better at it.
Development should be interesting over the coming months leading up the the Alpha, especially since we're expecting the Tau Meta Language to be done within a month or so. I'm a big believer in Ohad, and this is definitely the most interesting project out there right now.
Personally I think you did a great job of explian it. I am pretty much a novice dealing in world crypto currencys but I was able to follow pretty well.
@trafalgar This is one of the wonders that the blockchain brings with the cryptocurrencies to generate alternative income to the communities, democracy and universal income is on the way. I wish you the best of successes and I will follow you to be attentive to your content, greetings and luck!
Thats an amazing information, i love it
Yes, interesting project but what a difficult sell! Will need use cases and the 'proof will be in the pudding'.