Web3
Planted 02021-12-31
Jargon, explained simply
- Crypto: previously colloquially referred to cryptography, now colloquially refers to cryptocurrency
- Cryptocurrency: like digital tokens in a game, but on the blockchain.
- Blockchain: a database intended to be distributed among many private parties
- NFT: Like baseball cards traded digitally using the blockchain
My perspective
In general, I have more qualms than obligations with the cryptocurrency space—and it holds no real importance to me. The web is already open by default—and it’s about what you help others do.
However, I think this narrative has propagated enough to where it won’t die off anytime soon.
Resources:
- An Engineer’s Hype-Free Observations on Web3
- Why it’s too early to get excited about Web3
- It’s not still the early days
- Blockchain-based systems are not what they say they are
- Magic Beans: What is the best mental model for NFTs?
- A not so gentle intro to web3
- The Third Web
- My Predictions for Crypto
- We won’t know what matters until after it all explodes
- My first impressions of web3
- Who is Web3 Really Good for?
- Web3 Takes Trust Too
- The web doesn’t have version numbers
- In Praise of Ponzis
- Washing Web3
- Line Goes Up – The Problem With NFTs
- More Than 80% of NFTs Created for Free on OpenSea Are Fraud or Spam, Company Says
- Andy Warhol, Clay Christensen, and Vitalik Buterin walk into a bar
- The Internet Is Just Investment Banking Now
- Wash trading at cryptocurrency exchanges
- Most Successful ICOs of All Time
- Maybe we shouldn’t want a fully decentralized web
- I was wrong, we need crypto
- Creating problems where we need solutions
- Crypto is Exciting Because It Changes Incentives
- The (Edited) Latecomer’s Guide to Crypto
- The Crypto Story