Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
A distributed system can be described as a particular sequential state machine that is implemented with a network of processors. The ability to totally order the input requests leads immediately to an algorithm to implement an arbitrary state machine by a network of processors, and hence to implement any distributed system.
Time, Clocks and the Ordering of Events in a Distributed System
Leslie Lamport
Politics legendarily creates strange bedfellows. Crypto companies are now asking the CFPB to revive a regulation protecting a business the first Trump administration kneecapped, after which the second Trump administration hollowed out that same agency, despite campaigning against kneecapping tech and crypto—leaving the CFPB, long a sworn enemy of big banks, in Chase’s corner dismantling the crypto industry and suppressing competing payment methods, because the administration apparently thinks that’s what its backers want.
Open Banking and Payments Competition
Patrick McKenzie (patio11)
The **Lindy effect** (also known as **Lindy's Law**) is a theorized phenomenon by which the future [life expectancy](https://en.wikipedia.org/wiki/Mediocrity_principle#Longevity_Estimation) of some non-perishable things, like a technology or an idea, is proportional to their current age. Thus, the Lindy effect proposes the longer a period something has survived to exist or be used in the present, the longer its remaining life expectancy. Longevity implies a resistance to change, obsolescence or competition and greater odds of continued existence into the future.
Lindy Effect
wikipedia.org
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