added by sari · updated 2y ago
Composability is Innovation - a16z crypto
- Smart contracts are at the core of the ETH blockchain. Ethereum applications allow composability. That is, they can be built on top of each other like Lego blocks.
from The Tim Ferriss Show Transcripts: Vitalik Buterin, Creator of Ethereum, on Understanding Ethereum, ETH vs. BTC, ETH2, Scaling Plans and Timelines, NFTs, Future Considerations, Life Extension, and More (Featuring Naval Ravikant) (#504) – The Blog of Author Tim Ferriss by Vitalik Buterin
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- All of this is possible because of the easy composability of smart contracts. Neither Foundation nor Reddit needs to go out of their way to build this functionality themselves. The open, user-controlled nature of blockchain computing allows any developer to plug into these ecosystems and offer their users financial services. The result could be a r... See more
from How does DeFi cross the chasm? by Jesse Walden
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- But decentralizing the internet has been hard to do. When contrasted against the well-established efficiency and stability of centralized systems, decentralized systems have struggled to keep pace. Now, however, the emerging technology of crypto and web3 — specifically, programmable blockchains, composable smart contracts, and digital assets — make... See more
from Decentralization for Web3 Builders: Principles, Models, How - a16z crypto by Andreessen Horowitz (AZ)
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