Nader Dabit shares his motivation and experience on recently transitioning to focus on technologies and communities that support the decentralized internet. In this hot topics discussion, we cover all the buzz words you’ve likely heard over the past year. We have honest and nuanced conversations about the world of Ethereum, Cryptocurrencies, NFTs, DAOs, and Web3. Hype or hit? You’ll have to tune in to find out.
This bold statement starts a long Twitter thread by Brantly Millegan:
“Sign-In w/ Ethereum” is the future of login for every app on the Internet, crypto-related or not. Not just an idea, it’s already the norm for web3 & will spread.
This idea was the most interesting/exciting thing for me that came out of our NFT talk with Mikeal Rogers. Could cryptocurrency be the carrot that attracts the masses to obtain a public/private key pair and be financially incentivized to secure it? If so, this makes for a far superior global identity system to anything previous.
For this to happen, I think mainstream browsers will have to build crypto wallets into them. Plugins and extensions like MetaMask are probably asking too much of people. What do you think? Feasible? Likely? Why or why not?
In this episode, we will talk about building for Blockchain in Go. We are joined by two of the co-founders of Prysmatic Labs (a company behind the upgrades to the Ethereum network). Raul Jordan and Preston Van Loon tell Angelica how they started the company, as well as what it’s like to build technical infrastructure for the Ethereum blockchain using Go.
While it’s less proven to work in the real world (Bitcoin’s uptime and security over the network’s 12-year lifespan is perhaps its greatest asset), PoS is quite promising and we’re starting to see the fruit of that promise with early numbers from Ethereum 2.
Ethereum will be completing the transition to Proof-of-Stake in the upcoming months, which brings a myriad of improvements that have been theorized for years. But now that the Beacon chain has been running for a few months, we can actually dig into the numbers. One area that we’re excited to explore involves new energy-use estimates, as we end the process of expending a country’s worth of energy on consensus.
This is a really interesting usage of blockchain technology to ensure you are really getting what you think you bought. Michael del Castillo writes on Forbes.com:
The fifth-largest oil and gas company in the world, valued at $262 billion, is investing an undisclosed amount in LO3, a New York startup using a modified version of the ethereum blockchain to make it easier for individuals to buy and sell locally produced energy using the existing network of power cables.
While the bitcoin blockchain lets users track the flow of value without the need of banks to audit the system, LO3’s platform, called Exergy, is designed to track the flow of energy as it is added to a shared, local energy network, giving the neighbors who purchase the energy absolute certainty it really came from a windmill, a solar panel or a gerbil running on a treadmill.
This news is a few weeks old now, but I’ve been tracking the ups and downs of the crypto markets for a while now — especially after we had those crazy highs in Q4 2017. Everyone was rushing to get theirs and loose it — after-all, it’s so simple to get in, right?!
Of course, putting some effort into mining Bitcoin or Ethereum isn’t a bad thing, but c’mon, dropping all of your savings into the Bitcoin bucket is not a smart move. Tread carefully.
A comprehensive walk-through of the first level of Ethernaut
Ethernaut is a game that allows you learn about smart contract security by teaching you how to hack smart contracts
This is a fun and quirky way of getting to know Solidity and the EVM. 👍
Chris Dixon on Medium:
Early internet protocols were technical specifications created by working groups or non-profit organizations that relied on the alignment of interests in the internet community to gain adoption. This method worked well during the very early stages of the internet but since the early 1990s very few new protocols have gained widespread adoption.
Cryptonetworks fix these problems by providing economics incentives to developers, maintainers, and other network participants in the form of tokens. They are also much more technically robust. For example, they are able to keep state and do arbitrary transformations on that state, something past protocols could never do.
What Chris is advocating is the protocols of the past weren’t made for the internet of the future. The next era of the internet is being built with Web 3.
The book isn’t due for publication by O’Reilly until Q4 of this year, but content and progress is publicly available on GitHub today. Here’s the skinny:
a book for developers, offering a guide to the operation and use of the Ethereum, Ethereum Classic, RootStock (RSK) and other compatible EVM-based open blockchains.
Vue.js in the front. Ethereum in the back. It’s a DApp mullet! But why? The author says:
By keeping state inside ethereum and using IPFS to deliver HTML, webapps can become nearly indestructible!