On Friday, Amazon Prime unveiled a new documentary – Coin: A Founder’s Story – charting Coinbase’s ascent to America’s largest crypto exchange, as well as the backstory of how the company was built by CEO Brian Armstrong. Coinbase has played a substantial role in making cryptocurrency accessible and safe
Andreessen Horowitz (aka a16z), a venture capital firm founded in Silicon Valley in 2009 by Marc Andreessen and Ben Horowitz backs bold entrepreneurs building the future through technology and the next internet. With more than $7.6 billion raised across four funds, the a16z crypto fund invests in web3 companies
The following is adapted from ethereum.org 🚀Soon, the current Ethereum Mainnet will merge with the Beacon Chain proof-of-stake system. ⛏This will mark the end of proof-of-work for Ethereum, and the full transition to proof-of-stake. 🌱This sets the stage for future scaling upgrades including sharding. 🌳The Merge will reduce Ethereum's
Balaji S. Srinivasan (@balajis) is an angel investor, tech founder, and author of The Network State. Formerly the CTO of Coinbase and General Partner at Andreessen Horowitz, he is an early investor in many successful tech companies and crypto protocols, including Alchemy, Ava Labs, Bitcoin, Cameo, Chainlink, Clubhouse, Dapper Labs,
We have covered some of the basics about NFTs and some of the exciting utilities and use cases that they have made possible. Recently VeeCon, a multi-day event exclusively created for VeeFriends & the Web3 community, airdropped conference tickets to all VeeFriends NFT holders. Not only did these tickets allow entrance
There are so many profound questions that are emerging as we find ourselves facing the dawn of Web3. One thing that we have seen emerging is a resistance to taking digital/virtual realities seriously as ‘Real.’ Digital and Real are often contrasted both implicitly and explicitly. Many communities in both
The Cathedral and the Bazaar, an essay (and later a book) by Eric S. Raymond on software engineering methods was first presented by the author on May 27, 1997 at the Linux Kongress, an annual gathering of Linux developers. It examines the struggle between top-down (centralized) versus a bottom-up (decentralized)
For decades, it was common, almost standard, to see individuals sell their skills, time and attention to a single employer for 20-30+ years. Loyalty was perceived to be of the utmost mutual value. The organizing framework that has supported this social contract between employer and employee has been left relatively
This series has mostly been addressing Web3 from a vantage point of hope, appreciation about emerging technology, and what it might mean for the future of collaboration, governance, real estate, etc. We have not actually written much on basic cryptocurrencies as our focus and interest in the space is not
So far in the Down the Rabbit Hole [https://wordonthestreets.ghost.io/tag/down-the-rabbit-hole/] series, we have covered NFTs [https://wordonthestreets.ghost.io/smart-contracts/], DAOs [https://wordonthestreets.ghost.io/wtf-are-daos/], fractionalization [https://wordonthestreets.ghost.io/the-meme-economy/], and we have also looked at a recent real estate application utilizing smart contracts
Earlier this month The Ethereum Foundation (EF), a non-profit that supports the Ethereum ecosystem, released their 2022 Annual Report [https://ethereum.foundation/report-2022-04.pdf]. The report is not just about what was accomplished in 2021 but also ventures to explain the reasoning and philosophy [https://ethereum.foundation/philosophy/] that shape
While we plan to, at a later date, offer a fuller case for non-profits to pay close attention to the possibilities that blockchain technologies and cryptocurrencies might facilitate for their work and organization, we wanted to, at the very least, go ahead and introduce readers to Endaoment [http://app.endaoment.
Perhaps you saw this article by Jonathan Haidt [https://www.theatlantic.com/magazine/archive/2022/05/social-media-democracy-trust-babel/629369/?fbclid=IwAR3xVkomYMfB8zQ_hkrp-d9ODAy89FMzwHA0hVP0F7G0MwvJc6obbJYfJwg] that came out in The Atlantic on Monday entitled, "Why the past 10 years of American life have been Particularly Stupid." It’s a brilliant (and long) article that
There is a really interesting opportunity emerging as smart contracts are making it possible to write agreements and rules into self-executing code. Contracts have long been written to solidify agreements between parties that are transacting or partnering with one another. This is a really important component of any functional relationship.