Alphatu

When people talk about software decentralization, there are actually three separate axes of centralization/decentralization that they may be talking about. While in some cases it is difficult to see how you can have one without the other, in general they are quite independent of each other. The axes are as follows:Architectural (de)centralization —... See more

Beyond the network and protocol variety, DAOs come in many flavors. These include:Investment DAOs in which individuals, friends, and colleagues form clubs to invest in web3 startups;

Our generation is blessed with a chance to observe how technology is shifting the economic paradigm toward something previously unavailable to our imagination. Blockchain technology, which initially just offered an alternative model of transactions processing, has evolved into a whole new economic framework with its unique set of principles and... See more

NFTs have fundamentally changed the market for digital assets. Historically there was no way to separate the “owner” of a digital artwork from someone who just saved a copy to their desktop. Markets can’t operate without clear property rights: Before someone can buy a good, it has to be clear who has the right to sell it, and once someone does buy,... See more

The only advantage traditional contracts have over smart contracts lies in the number of assets one can use as collateral.

The incompleteness of contracts explains why we need to decentralize governance through token ownership.