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Web 3 Doesn't Exist
Web3 has been a very fashionable term this year, mostly for the alt-finance cartoon characters and tech world’s ultrasophisticated twitter-thread authors.
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The latest blog posts to take off on Hacker News. 127 posts.
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My First Impressions of Web3
Despite considering myself a cryptographer, I have not found myself particularly drawn to “crypto.” I don’t think I’ve ever actually said the words “get off my lawn,” but I’m much more likely to click on Pepperidge Farm Remembers flavored memes about how “crypto” used to mean “cryptography” than ...
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Crypto: The Good, the Bad and the Ugly
I dig into what's genuinely impressive about crypto (distributed trust, abuse prevention, true cloud computing) and what's deeply problematic: boundary interactions, governance concentration, transaction cost tradeoffs, and unclear incentives. My conclusion: crypto may only be useful for financial engineering, and…
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Real Problems That Web3 Solves, Part 1
Social recovery wallets introduces new ways to authenticated with our own owned identities.
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A not so gentle intro to web3
Pyramid schemes, scientology and Tamagotchi
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Web3 is centralized
I've long been interested in the decentralization of computing and communication in general, and of the web in particular. The trend of communication and information becoming more and more centralized in large corporations is worrying and worth fighting against, particularly from the perspective of systemic risk. I…
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Are cryptocurrencies to blame for high GPU prices?
Lately I'm paying more attention to the crypto currency and "DeFi" spaces, again. One discussion that comes up regularly: are miners to blame for the high GPU prices? To add some facts to this discussion, I’ve done a small analysis of GPU and crypto currency prices to determine if they are related.