Scaling Crypto Apps Not Infrastructure
With traditional cloud deployment, software apps are able to auto scale their infrastructure to support increased usage. For startups that achieve product market fit this is critical because it means they can more easily provide their users with a high quality of service without having to physically manage their underlying infrastructure. In other words, a startup’s users are insulated from the physical requirements of running the app as it goes from hundreds to thousands to millions of new u...
Onchain and Inperson
Our friends at Base and Zora have been popularizing the phrase “onchain is the next online”. And I really like it. As a crypto venture investor I spend a lot of time both onchain and online. But I find that I get the most energized when I am both onchain and inperson.Whether it’s a full day with the rest of my team in the Haun Ventures office, meeting with our founders in their offices, meeting a new founder over coffee, or at a conference, I feel the most connected to this ecosystem when I a...
Intents
A lot of people in the crypto research community are talking about shared building and shared sequencing. I have remaining questions about the importance of both but something I do find cool and related is this new idea of intents. Both Flashbots and Anoma are building platforms to allow users to express their intents for transaction execution in a way that looks very different than vanilla execution on the EVM. In the EVM when you want to interact with a smart contract you sign a message tha...
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Scaling Crypto Apps Not Infrastructure
With traditional cloud deployment, software apps are able to auto scale their infrastructure to support increased usage. For startups that achieve product market fit this is critical because it means they can more easily provide their users with a high quality of service without having to physically manage their underlying infrastructure. In other words, a startup’s users are insulated from the physical requirements of running the app as it goes from hundreds to thousands to millions of new u...
Onchain and Inperson
Our friends at Base and Zora have been popularizing the phrase “onchain is the next online”. And I really like it. As a crypto venture investor I spend a lot of time both onchain and online. But I find that I get the most energized when I am both onchain and inperson.Whether it’s a full day with the rest of my team in the Haun Ventures office, meeting with our founders in their offices, meeting a new founder over coffee, or at a conference, I feel the most connected to this ecosystem when I a...
Intents
A lot of people in the crypto research community are talking about shared building and shared sequencing. I have remaining questions about the importance of both but something I do find cool and related is this new idea of intents. Both Flashbots and Anoma are building platforms to allow users to express their intents for transaction execution in a way that looks very different than vanilla execution on the EVM. In the EVM when you want to interact with a smart contract you sign a message tha...
Share Dialog
Share Dialog
I was recently discussing some properties of nfts with another crypto investor and a lightbulb went off for me: crypto allows certain technologies to enter higher dimensions.
What do I mean by that? We’re all familiar with the concept of dimensions in physics.
1d: a line.
2d: height and width
3d: height, width, and depth
4d: space and time
It’s hard to put in words, but I think dimensions in technology describe not just form, but also ownership, usage, and decentralization. Lower dimensional technology is more clunky, more difficult to create, obtain, transfer, and is more centralized. Higher dimension technology is native to software, native to the internet, ownable, accessible, and more decentralized.
Here are some examples.
1d: cash → can only be used in the physical world.
2d: digital payments → money on the internet, but still settles to cash.
3d: bitcoin → internet native money, decentralized.
4d: defi → programmable, internet native money.
1d: servers → manual setup, local computation.
2d: cloud → centralized, programmable computation.
3d: blockchains → decentralized, public computation.
4d: zkps → private, verifiable, succinct computation.
1d: physical media → physical manufacturing and distribution.
2d: digital media → make once, distribute globally.
3d: social media → make once, engage globally
4d: nfts → make once, own globally, prove provenance.
1d: consoles → hardware limited, single player.
2d: online cloud → no hardware constraints, multiplayer.
3d: online ugc → multiplayer, player contributed, centrally owned (roblox / epic).
4d: crypto gaming → multiplayer, player contributed, player owned.
I know, it’s not a perfect analogy, but you get my point. In this framework any time a new dimension is added to a technology the incumbents get disrupted and net new possibilities emerge. I believe much of the bleeding edge research in crypto has already and will continue to add new dimensions to a variety of important technologies.
I was recently discussing some properties of nfts with another crypto investor and a lightbulb went off for me: crypto allows certain technologies to enter higher dimensions.
What do I mean by that? We’re all familiar with the concept of dimensions in physics.
1d: a line.
2d: height and width
3d: height, width, and depth
4d: space and time
It’s hard to put in words, but I think dimensions in technology describe not just form, but also ownership, usage, and decentralization. Lower dimensional technology is more clunky, more difficult to create, obtain, transfer, and is more centralized. Higher dimension technology is native to software, native to the internet, ownable, accessible, and more decentralized.
Here are some examples.
1d: cash → can only be used in the physical world.
2d: digital payments → money on the internet, but still settles to cash.
3d: bitcoin → internet native money, decentralized.
4d: defi → programmable, internet native money.
1d: servers → manual setup, local computation.
2d: cloud → centralized, programmable computation.
3d: blockchains → decentralized, public computation.
4d: zkps → private, verifiable, succinct computation.
1d: physical media → physical manufacturing and distribution.
2d: digital media → make once, distribute globally.
3d: social media → make once, engage globally
4d: nfts → make once, own globally, prove provenance.
1d: consoles → hardware limited, single player.
2d: online cloud → no hardware constraints, multiplayer.
3d: online ugc → multiplayer, player contributed, centrally owned (roblox / epic).
4d: crypto gaming → multiplayer, player contributed, player owned.
I know, it’s not a perfect analogy, but you get my point. In this framework any time a new dimension is added to a technology the incumbents get disrupted and net new possibilities emerge. I believe much of the bleeding edge research in crypto has already and will continue to add new dimensions to a variety of important technologies.
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