The Speed of Vision and the Power of Decentralization

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Aug 28, 2023

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The Speed of Vision and the Power of Decentralization

In the blink of an eye, our brain processes entire images that our eyes see for as little as 13 milliseconds. This astonishing finding comes from a team of neuroscientists at MIT, who have discovered the rapid processing speed of the human brain. According to the researchers, this ability to process images at such high speeds indicates that our brain is constantly trying to understand what we're looking at and find concepts within the visual information.

Interestingly, the job of our eyes is not just to gather information for the brain, but also to allow the brain to think about it rapidly enough to determine what we should focus on next. The calibration of our eyes involves frequent movements to ensure we understand what we're seeing. The researchers initially expected a decline in performance around the 50-millisecond mark, as previous studies suggested that visual information takes at least that long to flow from the retina to the visual processing centers in the brain. However, their study showed that the brain can identify concepts without the need for further feedback processing, indicating the power of feedforward processing.

Now, let's shift our focus to the concept of decentralization and why it matters. Cryptonetworks, which align network participants towards a common goal, offer a decentralized approach to achieving growth and appreciation. While the rise of centralized platforms brought access to amazing technologies for billions of people, it also made it harder for startups, creators, and other groups to establish their internet presence without the fear of changing rules, loss of audiences, and diminished profits.

The internet is still in its early stages of evolution, and the core services are likely to be rearchitected in the coming decades. This evolution will be facilitated by crypto-economic networks, which build upon the principles introduced in Bitcoin and Ethereum. Centralized platforms initially recruit users and third-party complements to make their services more valuable. However, as they reach the peak of their adoption curve, their power over users and third parties increases, leading to zero-sum relationships. Extracting data from users and competing with complements become the easiest path to growth, but this approach has proven to be disappointing and detrimental to user privacy and control.

Cryptonetworks, on the other hand, are built on top of the internet and utilize consensus mechanisms like blockchains to maintain and update state. They incentivize participants through cryptocurrencies, ensuring a neutral and fair environment as the network grows. The use of open source code enforces the contract between cryptonetworks and participants, while mechanisms for "voice" and "exit" allow participants to have a say in governance and maintain a level playing field.

However, today's cryptonetworks face limitations in terms of performance and scalability, which hinder their ability to challenge centralized incumbents. The next few years will be focused on addressing these limitations and establishing a strong infrastructure layer for the crypto stack. Once this infrastructure is in place, the energy will shift towards building applications on top of it.

An analogy can be drawn between the rivalry of Wikipedia and its centralized competitor Encarta in the early 2000s. While Encarta initially offered better topic coverage and accuracy, Wikipedia's decentralized and community-governed ethos attracted a vibrant community of contributors. As a result, Wikipedia rapidly improved and became the most popular reference site on the internet, leading to the demise of Encarta.

Decentralized systems may start out half-baked, but under the right conditions, they experience exponential growth as more contributors join. The question of whether decentralized or centralized systems will dominate the next era of the internet ultimately boils down to who can build the most compelling products and attract high-quality developers and entrepreneurs.

To ensure success, decentralized platforms need to achieve product-market fit in two stages. Firstly, they must establish a fit between the platform and the developers and entrepreneurs who will contribute to its growth and ecosystem. Secondly, they need to achieve product-market fit between the platform/ecosystem and end users. This two-stage process often leads to underestimation of the potential of decentralized platforms, as centralized platforms have reigned for so long that people have forgotten the better way to build internet services.

In conclusion, the remarkable speed of vision processing in the human brain and the power of decentralization in cryptonetworks showcase the incredible capabilities of our minds and the potential for a fairer and more innovative internet. As we move forward, here are three actionable pieces of advice:

  1. Embrace the concept of feedforward processing in your own life. Allow yourself to rapidly understand and process information without getting stuck in feedback loops. Train your brain to find concepts and move forward.

  2. Explore the world of cryptonetworks and decentralized platforms. Familiarize yourself with the principles behind them and their potential to disrupt centralized incumbents. Consider getting involved as a participant or developer to contribute to their growth and success.

  3. Keep an open mind and stay informed about the evolving landscape of the internet. The next era may bring unforeseen advancements and opportunities. By staying adaptable and knowledgeable, you can position yourself to make the most of the changing digital world.

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