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Blockchain, or, peer production without guarantees

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Velasco González, Pablo and Tkacz, Nathaniel (2020) Blockchain, or, peer production without guarantees. In: O'Neil, M. and Pentzold, C. and Toupin, S., (eds.) Handbook of Peer Production. Malden, MA: Wiley-Blackwell, pp. 238-253. ISBN 9781119537106

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Official URL: https://onlinelibrary.wiley.com/doi/10.1002/978111...

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Abstract

Blockchains are aggregated and distributed databases: shared, chained, and immutable registries that conflate the production of digital tokens with their circulation. At their most basic level, they are technologies for keeping account, or records, of some form of activity, hence they are part of a long lineage of storing data, from clay tablets to bookkeeping. On a technical level, blockchains are peer‐to‐peer (P2P) structures for distributing and storing data. This chapter begins with a historical consideration of the emergence of peer production, including a reevaluation of the work of Yochai Benkler. It shows that peer production was given coherence as a model of production by being contrasted with two other modes (hierarchies and markets) and through the lens of Benkler's economic liberalism. The chapter distinguishes between four moments or aspects of blockchain initiatives that configure peers in different ways: peer production, peer development, peer governance, and peer exchange.

Item Type: Book Item
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HM Sociology
Q Science > QA Mathematics
Divisions: Faculty of Social Sciences > Centre for Interdisciplinary Methodologies
Library of Congress Subject Headings (LCSH): Digital media, Culture--Economic aspects, Blockchains (Databases)
Publisher: Wiley-Blackwell
Place of Publication: Malden, MA
ISBN: 9781119537106
Book Title: Handbook of Peer Production
Editor: O'Neil, M. and Pentzold, C. and Toupin, S.
Official Date: 18 December 2020
Dates:
DateEvent
5 February 2021Available
18 December 2020Published
Page Range: pp. 238-253
DOI: 10.1002/9781119537151.ch18
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
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