If you're a developer building decentralized applications, you have been faced with uncomfortable tradeoffs in choosing how to manage data. The two available options available have held back Web3 apps:Option 1 has been to use a smart contract (blockchain-based) backend and a static frontend. The downside of this option is that these apps are not ve... See more

Blockchain developers believe that this time they’ve found a structural answer to recentralization, but I tend to doubt it. An interesting question to ask is what the next locus for centralization and control might be.

Web3 teams have an opportunity to learn from and improve on the strategy of commoditizing the complement. In this essay, we’ll discuss why building and commoditizing a product on top of a user-owned protocol offers maximum leverage to execute this strategy, with potential for stronger economic equilibriums that drive growth, and value, beyond that ... See more

So the meta point here is that if web3 really is the future, I believe it will look remarkably less transactional than it is right now. We will need applications built on crypto rails to connect with friends, find restaurants, share photos, and so on. Those products will still feed the protocols underneath them, but they will also be expensive to b... See more