When government regulators scared Facebook out of its Libra/Diem cryptocurrency project a while back, I didn't think too much about it. The original project was ambitious. Libra was designed to be a stablecoin and was backed by deposits of real cash to be contributed to the Libra Association, a supporting plutocracy with a membership fee of $10 million. Founding members got an option to become validator node operators, a vote on the Libra Council, and could earn interest on their investment. Continue Reading →
Helping you understand the world of Web3.
About Shelly Palmer
A little more than 246 years ago, our forefathers used the best technology available to inspire colonial proto-Americans to revolt against King George. At that time, the "best" technology available was the printing press and the "best" social network required the use of "word of mouth" in Public Houses. Grog was the lubricant that facilitated this communication and the rest, as they say, is history. Continue Reading →
In World of Warcraft, a soulbound item, once picked up, cannot be transferred or sold to another player. It is this idea of “immutable, permanent binding” that inspired Ethereum’s creator, Vitalik Buterin, to ask a question: What if NFTs could be soulbound? Continue Reading →