Bitcoin is the first decentralised, peer-to-peer network that allows for the proof and transfer of ownership of virtual currencies without the need for a trusted third party. The purpose of this article is to address how we can capture Bitcoin’s potential benefits for the economy while addressing new regulatory challenges.
By retracing the stages of development of a 'peer-to-peer cloud' storage service, Francesca Musiani argues that decentralised network architectures are internet governance 'in practice'.
Changes in the internet's architectural design affect the repartition of competences and responsibilities between service providers, content producers, users and network operators. This article outlines the dialectic between centralised and distributed architectures, institutions and practices, and how they mutually affect each other.