41–50 of 316 posts
The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?
The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?
I think you overestimate the number of smart people who are actually into crypto. One side of the debate is very vocal and the other is silent.
For those who don't know web3 is the idea of building a web on a decentralized blockchain. I think more specifically the idea is to replace the need for name servers with a blockchain protocol. Like anything blockchain there is no real solution for how to handle records becoming stale over time without a central authority that manages disputes. I find it ridiculous that this idea even got to occupy the name as I thin…
What sparked the sudden surge of interest in "Web3"? Was there a specific blog post or talk that pushed web3 = distributed web into the spotlight? I feel like overnight there was all this discussion about web3 and it felt very artificial because I didn't see any build-up. https://trends.google.com/trends/explore?date=all&geo=US&q=w...
For those who don't know web3 is the idea of building a web on a decentralized blockchain. I think more specifically the idea is to replace the need for name servers with a blockchain protocol. Like anything blockchain there is no real solution for how to handle records becoming stale over time without a central authority that manages disputes. I find it ridiculous that this idea even got to occupy the name as I thin…
What sparked the sudden surge of interest in "Web3"? Was there a specific blog post or talk that pushed web3 = distributed web into the spotlight? I feel like overnight there was all this discussion about web3 and it felt very artificial because I didn't see any build-up. https://trends.google.com/trends/explore?date=all&geo=US&q=w...
Everyone focuses on the big scams, but there's lots of "small-scale" attempts to get funding from big players who don't want to "miss out" - some may not be scams, but they're all filled with "true believers".
The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?
The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?
After you sell your crap just in time, people will either forget your stance or you say "but nobody knew it was all crap back then!"
The original tweet was asking for "any future of python in web3 domain? specific in @ethereum @solana" Web3.js - the 7 year old library for communicating with any EVM has an actively maintained and fully featured python version. Solana.py is available for the Solana ecosystem These libraries typically make it very easy to connect to the nearest node, which you can treat as pay-once-read-forever compute instances. Whe…
The interesting thing about crypto to me is how there seems to be a deep divide among very smart people, some who think it's the greatest thing ever and some who think it's a fraud. I can't remember when there's ever been such a Bigendian-scale dispute in technology before. Can you?
Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…
So, there is a legitimate need for some new business model where you print money and keep most of it for yourself. Web3! I guarantee you someone will get rich from it. That means it worked.
(I'm being a little tongue-in-cheek here. I get the actual idea for cryptocurrency and even NFTs if I squint a little bit, I just think that the hype is from people that think they're going to get rich without doing any actual work. It does happen, but at the end of the day, doing actual work is probably going to be more profitable on average. You're probably too late to the game if you start now intending to be a Web3 trillionaire, anyway. The hype is to get you to buy some of the money you're printing with money that can actually be used to buy mansions. So they can buy some mansions.)
My question is why Y Combinator funded anything related to web3 and why it seems to defend these ideas when they are attacked on HN.
More money > money