diff --git a/content/interviews/newbold-protocol_engineering.md b/content/interviews/newbold-protocol_engineering.md index 1206cd6..737b7b9 100644 --- a/content/interviews/newbold-protocol_engineering.md +++ b/content/interviews/newbold-protocol_engineering.md @@ -155,7 +155,7 @@ To some degree, we are a protocol company. We talk about the protocol a lot. We' Around the time I started, thinking was solidifying around a core thesis. We focused a lot on "credible exit"---credible exit being that users can walk away. You can't have decentralization without that. You need that counter-pressure on the operators. There are many ways to define decentralization, and I don't think credible exit on its own is sufficient for decentralization---they are related but different concepts. -Another phase we used a lot internally: "No one organization should moderate the entire internet."p We say that over and over again. +Another phase we used a lot internally: "No one organization should moderate the entire internet."We say that over and over again. There were so many times when it would be tempting to just have one organization that operated some aspect of the network. But we would come back to the goals over and over again. We would iterate on architectures and ideas and shift things around. Does this design give us credible exit? Can other people build on top of it? Will it avoid one party moderating the entire internet? We came back to those questions a lot.