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“You never change things by
fighting the existing reality. 

To change something, build
a new model that makes the
existing model obsolete.”


Buckminster Fuller
THE DECENTRALIZATION SINGULARITY
Stephan Tual, CCO
Twitter : @stephantual
Prologue
A centralized, digital world
A Digital World
• % of population with Internet in the
developed world: ~90%
• 46,000 Google searches, 8,000 tweets,
1,600 Skype calls, 2M emails - per second
• 6 billion hours worth of videos are
watched on Youtube every month
• Amazon shipped 5 billion items in 2014
• Smartphones will introduce billions of new
Internet users from the developing world
very soon
• We’re still using the same ageing
infrastructure from the 70’s
• Promised decentralisation of the internet
never occurred
• Online more centralized than offline media:
• Facebook is 71% of all social media
• The 14 competitors to Amazon combined
only represent 1/5 of its capacity
• This centralisation was unintentional, is
convenient and allows for targeted
advertising
“Social media platforms are
public in the same way that a
shopping centre is”
Jamie Bartlett, telegraph.co.uk
Going Backwards
• Require you to entrust them with your
information and your funds
• Provide absolute power to ‘sharing
economy’ platforms
• Provide an inordinate amount of power
to app store providers
• Current monetization models lead to
privacy and data loss, abuses of power
and carelessness in handling user data,
regardless of regulations
• Are single point of failures exposing
small surfaces of attack
“The Web’s future
relies on individuals
owning their data” 

Tim Berners-Lee
Centralized Models
World’s biggest data breaches
World’s biggest data breaches
Just 3% of respondents said they trust social networks with their data
Open-xchange - Crossing the Line Report
86% of Internet users have taken steps to avoid surveillance
Pew Research Center's Internet Project & Carnegie Mellon University
88% of ICT decision-makers report that they are changing their cloud buying
behavior as a result of Snowden’s leaks
NTT Communications’ survey
A Data Trust Deficit
Chapter 1
Ethereum
• An 100% open source software platform to build
and distribute decentralized applications
• No middle men, users are in control of their
funds and personal information at all times
• Can be used to build anything: social sites,
financial systems, voting mechanisms, in-game
economies, reputation systems
• 100% peer to peer, censorship-proof and
corruption-proof: data exists both everywhere
and nowhere in particular
What is Ethereum?
• A not for profit organisation whose goal
it to take the Internet to its logical
conclusion
• Agenda free: users leverage it because
they don’t have to trust it - it has no
agenda other than solving a problem,
and it is easily peer-reviewed.
• Through its pre-sale Ethereum secured
USD 18M, plans to launch a v1.0 March
2015
“Open source software is ideas created and shared for the common good”
The Ethereum Team
• Consensus at scale a notoriously hard problem to solve
• Ethereum makes it trivial to build on top of blockchain
technology
• Rather than low-level network protocol concern,
developers can focus on delivering true value to their
users
How do I build on Ethereum?
DAPP
HTML + JAVASCRIPT
(FRONTEND)
SOLIDITY (C++/JS)
OR
SERPENT (PYTHON)
(BACKEND)
Centralized Decentralized
Blockwhat?
Implementation
Ethereum Contracts
• Blockchain technology where trust
is achieved on a open network
• Contracts as your applications
backends, maintained by the
network
• Zero Infrastructure
Technology Stack
Ethereum : A computer we all share
Chapter 2
Use Cases
• Anything can be build, but some use cases are
more compelling than others early on
• Reconciling the need for sharing without the
uncanny valley elements
• Decentralized Apps the true stars of the show
Build anything
Organisational
• Contracts (b2b)
• Assets permissions
• Shareholder agreements
• Prediction markets
• Voting systems
• Domain registries
Consumer
• Escrows
• Personal asset store
• Smart property
• Financial exchanges
• Savings accounts
• Wills
• Intellectual property
Smart Contracts
Peer to peer finance
• Crowdfunding
• Derivatives, hedging
• Insurance
• Eliminate ambiguity
• Entering is agreeing - no need to sign on the dotted line
• Provide flexibility - both in terms of ruleset and of state
• Allow for consumer protection to be included as part of code
Smart Contracts
• The end of rent-seeking behaviour
• Startups include:
• airlock.me
• MoneGraph
• Foodway
• CubeSpawn
• and many more! Project airlock.me demonstrating
their smart contract enabled door
Web 3.0
Cubespawn
• Privacy
• Security
• Scaling
IBM announcing project Adept
Enabling the Internet of Things
IBM announcing project Adept
IBM/Samsung CES ADEPT demo
• Contracts the perfect ledger to issue tokens of value
• A decentralized Kickstarter on Ethereum would
enable startups to issue shares
Issuing tokens of value
Truly reward early adopters
• Mesh networks
• Distributed computing 

(BOINC, Folding @ home)
• Measurement of clean energy production
• Rewards for actions taken in the physical
world
Node Incentivization
Bringing reputation back in finance
DAOS
Chapter 3
Mist
LOADING
Epilogue
Disruptive doesn’t begin to describe it
Community & Media
• Vitalik Buterin, winner World Technology Award
2015
• 97 meetups groups, 30 countries, 8k members
• Dozens of startup building apps on our platform
• 100k uniques on our site/month
Software
• Started November 2013
• 3 FOSS clients in C++, Go, Python
• Many more community clients in the
works: node.js , java, android, clojure,
objectiveC
The Story So Far
Let’s Predict the Future!
… applications were modular?
… the internet of things could self-heal?
… anyone could bootstrap a business and issue shares?
… the unbanked could have access to credit?
… access to financial instruments was universal?
… anyone could create their own currency?
… computer programs could employ humans?
… using the Internet didn’t require trust?
We’re about to find out.
What If
presented by @stephantual
Forums: forum.ethereum.org
Web: ethereum.org
Twitter: @ethereumproject
IRC: #ethereum (freenode)

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Ethereum Paris w/ Stephan Tual

  • 1. “You never change things by fighting the existing reality. 
 To change something, build a new model that makes the existing model obsolete.” 
 Buckminster Fuller
  • 2. THE DECENTRALIZATION SINGULARITY Stephan Tual, CCO Twitter : @stephantual
  • 4. A Digital World • % of population with Internet in the developed world: ~90% • 46,000 Google searches, 8,000 tweets, 1,600 Skype calls, 2M emails - per second • 6 billion hours worth of videos are watched on Youtube every month • Amazon shipped 5 billion items in 2014 • Smartphones will introduce billions of new Internet users from the developing world very soon
  • 5. • We’re still using the same ageing infrastructure from the 70’s • Promised decentralisation of the internet never occurred • Online more centralized than offline media: • Facebook is 71% of all social media • The 14 competitors to Amazon combined only represent 1/5 of its capacity • This centralisation was unintentional, is convenient and allows for targeted advertising “Social media platforms are public in the same way that a shopping centre is” Jamie Bartlett, telegraph.co.uk Going Backwards
  • 6. • Require you to entrust them with your information and your funds • Provide absolute power to ‘sharing economy’ platforms • Provide an inordinate amount of power to app store providers • Current monetization models lead to privacy and data loss, abuses of power and carelessness in handling user data, regardless of regulations • Are single point of failures exposing small surfaces of attack “The Web’s future relies on individuals owning their data” 
 Tim Berners-Lee Centralized Models
  • 9. Just 3% of respondents said they trust social networks with their data Open-xchange - Crossing the Line Report 86% of Internet users have taken steps to avoid surveillance Pew Research Center's Internet Project & Carnegie Mellon University 88% of ICT decision-makers report that they are changing their cloud buying behavior as a result of Snowden’s leaks NTT Communications’ survey A Data Trust Deficit
  • 11. • An 100% open source software platform to build and distribute decentralized applications • No middle men, users are in control of their funds and personal information at all times • Can be used to build anything: social sites, financial systems, voting mechanisms, in-game economies, reputation systems • 100% peer to peer, censorship-proof and corruption-proof: data exists both everywhere and nowhere in particular What is Ethereum?
  • 12. • A not for profit organisation whose goal it to take the Internet to its logical conclusion • Agenda free: users leverage it because they don’t have to trust it - it has no agenda other than solving a problem, and it is easily peer-reviewed. • Through its pre-sale Ethereum secured USD 18M, plans to launch a v1.0 March 2015 “Open source software is ideas created and shared for the common good” The Ethereum Team
  • 13. • Consensus at scale a notoriously hard problem to solve • Ethereum makes it trivial to build on top of blockchain technology • Rather than low-level network protocol concern, developers can focus on delivering true value to their users How do I build on Ethereum? DAPP HTML + JAVASCRIPT (FRONTEND) SOLIDITY (C++/JS) OR SERPENT (PYTHON) (BACKEND)
  • 16. Ethereum Contracts • Blockchain technology where trust is achieved on a open network • Contracts as your applications backends, maintained by the network • Zero Infrastructure
  • 18. Ethereum : A computer we all share
  • 20. • Anything can be build, but some use cases are more compelling than others early on • Reconciling the need for sharing without the uncanny valley elements • Decentralized Apps the true stars of the show Build anything
  • 21. Organisational • Contracts (b2b) • Assets permissions • Shareholder agreements • Prediction markets • Voting systems • Domain registries Consumer • Escrows • Personal asset store • Smart property • Financial exchanges • Savings accounts • Wills • Intellectual property Smart Contracts Peer to peer finance • Crowdfunding • Derivatives, hedging • Insurance
  • 22. • Eliminate ambiguity • Entering is agreeing - no need to sign on the dotted line • Provide flexibility - both in terms of ruleset and of state • Allow for consumer protection to be included as part of code Smart Contracts
  • 23. • The end of rent-seeking behaviour • Startups include: • airlock.me • MoneGraph • Foodway • CubeSpawn • and many more! Project airlock.me demonstrating their smart contract enabled door Web 3.0 Cubespawn
  • 24. • Privacy • Security • Scaling IBM announcing project Adept Enabling the Internet of Things
  • 25. IBM announcing project Adept IBM/Samsung CES ADEPT demo
  • 26. • Contracts the perfect ledger to issue tokens of value • A decentralized Kickstarter on Ethereum would enable startups to issue shares Issuing tokens of value
  • 27. Truly reward early adopters
  • 28. • Mesh networks • Distributed computing 
 (BOINC, Folding @ home) • Measurement of clean energy production • Rewards for actions taken in the physical world Node Incentivization
  • 30. DAOS
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  • 90. Community & Media • Vitalik Buterin, winner World Technology Award 2015 • 97 meetups groups, 30 countries, 8k members • Dozens of startup building apps on our platform • 100k uniques on our site/month Software • Started November 2013 • 3 FOSS clients in C++, Go, Python • Many more community clients in the works: node.js , java, android, clojure, objectiveC The Story So Far
  • 92. … applications were modular? … the internet of things could self-heal? … anyone could bootstrap a business and issue shares? … the unbanked could have access to credit? … access to financial instruments was universal? … anyone could create their own currency? … computer programs could employ humans? … using the Internet didn’t require trust? We’re about to find out. What If
  • 93. presented by @stephantual Forums: forum.ethereum.org Web: ethereum.org Twitter: @ethereumproject IRC: #ethereum (freenode)