Web3 Will Not Be Built on Smart Contracts • DeSo (Decentralized Social) Blockchain

Ethereum is fundamentally about property rights. The Ethereum protocol creates a digital, self-custodied, permissionless asset whose value can be transmitted globally and cannot be seized or censored. Ethereum's relentless pursuit of decentralization is the means to that end. Any compromise on decentralization opens an attack surface for regulatory... See more

• Existing web2 social networking platforms cause issues like data and security breaches, manipulation of public opinion, and relaying false information.


• Digital assets created according to interoperable standards on public blockchains are portable and transferable so user history is not stuck on a particular platform.


• A core philosophical principle of

... See more

NFTs exist on top of blockchains like Ethereum. Ethereum is a decentralized global computer that is owned and operated by its users.

Filecoin functions as a peer-to-peer network for individuals to store and retrieve data across the internet. Traditional services that require sophisticated levels of data storage utilize either centralized systems or build it themselves. Filecoin’s goal is to fix this and offer bespoke or umbrella data services to everyone, anywhere in the world, ... See more