Interested in web3, but not excited about it. Avid croc wearer.
NFTs - Digital Scarcity and Digital Ownership
For most people, the first web3 thing they hear about is Bitcoin or some type of cryptocurrency. Later on they may hear about NFTs. I consider this less than ideal because it puts people in a position where they are trying to wrap their heads around this ephemeral concept of “computer money” while holding many preconceived notions of money and how currency operates, without ever asking the question or understanding how it is possible to own a digital item in the first place. I believe the NFT...
NFTs - Digital Scarcity and Digital Ownership
For most people, the first web3 thing they hear about is Bitcoin or some type of cryptocurrency. Later on they may hear about NFTs. I consider this less than ideal because it puts people in a position where they are trying to wrap their heads around this ephemeral concept of “computer money” while holding many preconceived notions of money and how currency operates, without ever asking the question or understanding how it is possible to own a digital item in the first place. I believe the NFT...
Wallets - web3 Identities, Addresses, and Keys
anachronism[ uh-nak-ruh-niz-uhm ] nounsomething or someone that is not in its correct historical or chronological time, especially a thing or person that belongs to an earlier timeBeing aware of anachronisms is important. Mainly because so many of the jokes in Robin Hood: Men in Tights are predicated on anachronisms. But also because an awareness of them can help prevent misunderstandings when they are used. As technology advances, anachronisms are inevitable as we attempt to fold new develop...
Wallets - web3 Identities, Addresses, and Keys
anachronism[ uh-nak-ruh-niz-uhm ] nounsomething or someone that is not in its correct historical or chronological time, especially a thing or person that belongs to an earlier timeBeing aware of anachronisms is important. Mainly because so many of the jokes in Robin Hood: Men in Tights are predicated on anachronisms. But also because an awareness of them can help prevent misunderstandings when they are used. As technology advances, anachronisms are inevitable as we attempt to fold new develop...
Blockchain-An Attempt at an Explanation
It is really simple, so they say.Blockchain is a shared digital ledger system that is secured through cryptography and a consensus mechanism such as proof of work or proof of stake. Blockchain records are immutable and allow for the tracking of digital assets like NFTs and cryptocurrencies. Right… I see… Simple. That makes perfect sense. Where do I sign up? Will someone please take my money?Not So FastAt first glance this whole thing sounds like nonsense. Maybe it is. Maybe it isn’t. More imp...
Blockchain-An Attempt at an Explanation
It is really simple, so they say.Blockchain is a shared digital ledger system that is secured through cryptography and a consensus mechanism such as proof of work or proof of stake. Blockchain records are immutable and allow for the tracking of digital assets like NFTs and cryptocurrencies. Right… I see… Simple. That makes perfect sense. Where do I sign up? Will someone please take my money?Not So FastAt first glance this whole thing sounds like nonsense. Maybe it is. Maybe it isn’t. More imp...
A Brief History of the Internet and What the Heck is web3?
Mutually Assured DestructionThe question of who invented the internet is hard to answer succinctly. The answer is that no single individual can be credited with inventing the Internet. Instead, several different people made major contributions to the development of what we know today as The Internet. The earliest rumblings of something internet-like go all the way back to 1964 and the Cold War. The biggest threat during the Cold War was a Soviet nuclear attack on America. One of the main dete...
A Brief History of the Internet and What the Heck is web3?
Mutually Assured DestructionThe question of who invented the internet is hard to answer succinctly. The answer is that no single individual can be credited with inventing the Internet. Instead, several different people made major contributions to the development of what we know today as The Internet. The earliest rumblings of something internet-like go all the way back to 1964 and the Cold War. The biggest threat during the Cold War was a Soviet nuclear attack on America. One of the main dete...
Introduction
I’m not cynical. I’m realistic.If you are like me and you grew up playing the Monopoly game at McDonald’s, you learned about scams early. There was no way you were going to get all the blue properties and win the big money. Then there were the Star Wars Hologram Pogs that came in bags of Doritos. Collect them all? Not a chance. Things like these can make a kid cynical, so when I started hearing about cryptocurrencies, NFTs, and how anyone could be an overnight millionaire, I smelled a scam. A...
Introduction
I’m not cynical. I’m realistic.If you are like me and you grew up playing the Monopoly game at McDonald’s, you learned about scams early. There was no way you were going to get all the blue properties and win the big money. Then there were the Star Wars Hologram Pogs that came in bags of Doritos. Collect them all? Not a chance. Things like these can make a kid cynical, so when I started hearing about cryptocurrencies, NFTs, and how anyone could be an overnight millionaire, I smelled a scam. A...