sari

If we create a world of more exclusive groups based on even more exclusive assets what have we really done for humanity? Is this what we are calling decentralization?

“Everyone encourages you to grow up to the point where you can discount your own bad moods. Few encourage you to continue to the point where you can discount society’s bad moods.” – Paul Graham

The market dominance of git as a version control tool, and of issues as a way to modularise work and manage tech-debt in public codebases have proved that decentralised work is also possible, at least in the software development space.

I believe cryptonetworks will usher in a new era of co-creation. Creators will involve their communities in key decisions like how to allocate funds, who to onboard, what types of projects they should work on, etc.

1/ Funding news is great, but if you really want to understand what Mirror is and what we're working on: — follow us on twitter @viamirror — read our dev log https://dev.mirror.xyz... See more

More generally, we are living in a context where power laws and non-linear takeoffs already reign supreme. NFTs were close to nothing a few months ago, now Beeple is worth more than most fine artists in the world. Redditors were never able to manipulate stock prices even slightly, until they were suddenly able to overpower a whole hedge fund.

This is a textbook example of the power of platforms; consider an operating system like Windows: any number of applications can run on any number of computers thanks to there being an abstraction layer in the middle:

Western social apps also rely much more heavily on advertising revenue. The lifeblood of their income statement is traffic to the feed. This means feed relevance is paramount. Anywhere one's social graph drifts from one's interests, boring content invades the feed. The signal to noise ratio shifts the wrong direction. Instead of pruning and tuning ... See more