On the last episode of COINGEEK Weekly livestreamThe Stephan FebruaryArchitect of Overnode, united Kurt Wuckert Jr. To tell him about his latest project. This section was an insightfully deep dive into peer-to-peer (p2p) networks, the use cases for micropymms and more.
https://www.youtube.com/watch?v=df9lnfe9e7s Title = “Youtube video player” Ramborder = “0” Allow = “Accelerometer; Autoplay; Clipboard writing; encrypted media; Gyroscope; Image-in-Bild; Web Dividend” Reference Policy = “Strict-Origin-When-Cross-Origin” Allowing Lorscreen = “>”
Who is Stephan February and what is Övernö?
February has been at COINGEEK Weekly Livestream before. He is a coder and dedicated BSV Builder that has developed software, token protocols and much more.
“Overnode is not a wallet, but it has a wallet Built into it, February explained. It is a built -in mobile app that joins two networks; its own peer-to-peer mobile network and Bitcoin The network itself.
Overnode has its own P2P network, so it can do Simplified payment verification (SPV) and exchange arbitrary data separated from the Bitcoin network, February.
What is the practical use of Supermarms?
February explained that Overnode was born by an obsession with computer use and P2P network generally. He doesn’t want a backend for that; unlike others appsThere is no server to coordinate user activity. This will be local first for data and will not have such a server.
February wants Overnode to be as useful as Twitter, Slack and Telegram. He imagines micropayment-incentivated rules in spaces, for example that someone can pay .1 BSV to grab the microphone and close everyone else for a minute in a space. He also sees how Microka Can be useful for only invited spaces, pay hosts, prohibit specific identities and so on.
Unlike in Bitcoin, where P2P means person-to-person, in Overnode, it means peer-to-peer networks. Overnode is a P2P rally network similar to a network; When he properly seized it, he saw how all kinds of use cases are possible.
What are the incentives to drive and secure Övernö?
When we looked back to Torrent networks, February explained how there are seeds and Igler. The latter contributes nothing to the network, and he has any elections for them.
These networks relied on altruism, but it is not necessary now that we have Microka. With them we can financially stimulate host, connect, share, etc. You can get paid for people to move, store and share data in the network.
Having this network of incentive operators that helps to live up data further opens the potential for what is possible, all without the need for an expensive backend server.
Wuckert noted it Satoshi Nakamoto preferred real peer-to-peer transactions, with IP addresses as the original way. Paying public keys was seen as an OK compromise if the user was offline. He believes that Overnode can get back many of these original ideas; There is something Cypherpunk in that sense.
February said he wanted to go back and review some of the assumptions from Cypherpunks in the early 2000s. When he expands Overnode, he realizes that he is architecting a serverless interaction system, and he can see the beginning of a circular data economy that can be developed.
For example, he can compile information and charge a fee for access.
How will you be over becoming a tool for gray and black markets?
February said he only cares to the extent that he does not want it to be used to hurt people. But he is trying too Build the application In such a way that incentives for injury are reduced at the edge without violating individuals’ freedom.
There will be tools to allow individuals to distance themselves from this “dark” activity. As with The InternetThere are ways to distance yourself from it. For example, there may be curated, verified marketplaces that are known as safe.
What is the problem that Overnode solves?
February is not sure this is a problem for most people, but it is for him. He doesn’t like How the Internet has developed over timeAnd he does not like how human interactions are conveyed by browsers and social media platforms. He has always been interested in what the world would look like if we had Bitcoin during P2P networks in the late 90s and early 2000s.
Although the platform model is good for many things, the coordination of human activity is one. But there are disadvantages, and he wants to enable interactions between peer-to-peer with real data secrecy. In essence, it is his contribution to trying to solve platform dystopia that we are in.
To hear more about criticism of overnode, what adoption can look like, why tokens are not products, and more, check out Livestream section here.
Look: peer-to-peer electronic cash system-it’s micropomes
https://www.youtube.com/watch?v=lsu9b8mjvgk Title = “Youtube video player” Ramborder = “0” Allow = “Accelerometer; Autoplay; Clipboard writing; encrypted media; Gyroscope; Image-in-Bild; Web Dividend” Reference Policy = “Strict-Origin-When-Cross-Origin” Allowing Lorscreen = “>”
