All human institutions—banking, government, politics, medicine, pharmaceutical, finance—are centralized pyramids. We aim to change that! As a result, all incumbent systems of the world will change fundamentally. There is no bigger idea! There is nothing currently known with higher potential returns. This Einsoph® design has the potential to be far more profitable for the founders than all of the FAANG companies combined. It is the single most important undertaking in the entire history of Silicon Valley: Redesigning all human systems will be like a Manhattan Project or sending a man to the moon—we have to get it right. This is a Medici moment.
It makes no sense to adopt current distributed ledger technology (as thousands have) when the technology is improving so rapidly. The risk is that it is far more difficult to change direction when one has gone far down what Boeing engineers often call, “the wrong bunny trail” and bet everything on the wrong path—to begin a great effort only to have to completely change direction when better technology arrives. The “killer app” is yet to arrive. Google launched relatively late in the internet game, and decentralization is magnitudes more complex than the internet.
Yet, just as in the early internet, fortunes are already being made, for example Sam Bankman- Fried made this month’s cover of the Forbes 400 as the richest self-made newcomer in Forbes history at age 29. His FTX has “$750 million in nearly risk-free revenue—and $350 million in profit—over 12 months….Since the business has almost no overhead, its profit margins are high: around 50%,” according to Forbes.
The system Einsoph designed will represent the most sophisticated and advanced distributed, decentralized platform in existence. It is a platform above the blockchain that trades absolutely everything in a decentralized system. For the first time in 6,000 years of man’s economic history, we can completely eliminate 100% of middle-men and bureaucrats. The revolution it will unleash will be far more profound than any revolution including the computer revolution and the Internet revolution. It will fundamentally change every human institution and every industry. There will be nothing controlling us left untouched.
Einsoph has completed the design of a revolutionary software platform eco-system, that has decoupled itself from all fiat systems and even from the blockchain itself (although we still record completed transactions on the blockchain). Einsoph is a new ecosystem layer that is totally above and beyond the blockchain and that easily integrates transactional values for anything between any values not just cryptos or tokens or coins. Einsoph will deploy this transaction system that aims to restructure the wealth of the world and reshape the incumbent system of the world.
Einsoph solved the privacy “holy grail” as Vitalik Buterin calls it with a completely decentralized autonomous private system; yet it still allows governments to screen out “terrorists” upfront. It allows people total privacy. We have the answer that Zuckerberg could not answer to Congress in a full day of Congressional hearings how he would screen out “terrorists.” It does this while simultaneously maintaining complete 100% privacy—not just pseudo-anonymous as Bitcoin does, and certainly not the sell-all-your-data model of our competitors.
Einsoph has also solved the consensus algorithm problem that thousands of computer scientists from the U.S., China, Russia, Israel, and around the world have been trying to solve but have not satisfactorily solved. In addition, Einsoph has completely solved 23 problems of all existing blockchain systems, including eliminating Bitcoin miners, and all existing consensus algorithms.
Einsoph solved the crypto conundrum by not having to choose between privacy and freedom.