DeFi

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Not Your Keys, Not Your Coins

The saying, "Not your keys, not your coins" is a truism amongst seasoned blockchain users. It means that if your private keys are not in your own digital wallet (preferably a hardware wallet), you do not actually own your cryptocurrency or NFTs or any other asset stored on a blockchain you believe you own. Continue Reading →
crypto
In the wake of the FTX implosion, everyone is talking about the pros and cons of cryptocurrency. This week, for clickbait reasons, it’s mostly the cons. Before you offer an opinion about cryptocurrency to your friends or consider formulating a cryptocurrency policy for yourself or your business, you should take a moment to understand that cryptocurrency “crypto” is a catchall phrase, and a lazy one at that. Continue Reading →
FTX Trading Ltd. CEO Sam Bankman-Fried (SBF) has resigned. FTX.com (formerly the second-largest crypto exchange in the world), West Realm Shires Services Inc (FTX U.S.), Alameda Research Ltd., and approximately 130 additional affiliated companies (the FTX Group) have filed for bankruptcy protection in the U.S. John J. Ray III has been appointed CEO of the FTX Group. Even if you've never invested a penny in crypto (or even thought about it), the value destruction wrought by SBF is going to have an impact on how you spend your day. Continue Reading →
Yesterday, while all eyes were (and are) on election results, a battle between two centralized cryptocurrency exchange owners suckerpunched the world of decentralized finance, destroying billions of dollars of market cap in the process. Continue Reading →

Web 2.5

Web 2.5
Web2 (aka the centralized web) is the web as we know it today. It is dominated and controlled by our tech overlords. Web3 (aka the decentralized web) is supposed to replace it, releasing us from our data servitude. It won’t. For reasons I will share with you, it will be obvious that it can’t. We are already living in a hybrid world where Web2 and Web3 technologies are each leveraged to their best purposes. You can call it Web2.5 – it’s a more accurate description of where we are now and where we are likely to go next. Let’s review. Continue Reading →

The Observable Metaverse

Metaverse Model
When someone says "the metaverse," what do they mean? At the moment, the observable metaverse is a continuum that spans experiences from virtual reality (VR) through mixed reality (MR) to augmented reality (AR). The experiences are different, but some of the most successful metaverse projects share many common creative and technological attributes. What are they? To help figure it out, we've been developing a framework we call the Standard Model of the Metaverse. Continue Reading →
When trying to predict the future success of any technology, one of the oldest (and best) tricks of the trade is to follow the interests and participation of key engineering talent. The strategy is simple; if a technology attracts the best engineers, they are going to create the best hardware and software for it, and its likelihood of success greatly increases. While not a foolproof strategy, it's easy to understand and relatively easy to execute. Continue Reading →

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