Chris Dixon

@cdixon.eth

1105 Following

5519 Followers

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Is Napoleon worth watching?

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Welcome to @vitalik.eth, co-founder of Ethereum!   He’s kindly agreed to do an AMA. Reply with your questions. :)

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None of the above should be taken as investment advice or an advertisement for investment services; please see https://a16z.com/disclosures/ for more information.

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For more on this, @dwr.eth outlined his principles for growing a protocol at Crypto Startup School this year (and a reminder that applications are now open for our next CSS in London – apply by Oct 20th) https://youtu.be/1B0-M_UokzM?si=JzouWGuPimp55LKP

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The time is right for decentralized social networks. Thanks to innovations like roll ups, blockchains are now able to power permissionless social networks with features and experiences that rival modern incumbent social networks.

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This can generate a virtuous cycle: creators and developers know they’ll be rewarded and the rules won’t change on them, so they invest in building tools and creating content that improves the experience and attracts more participants.

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Blockchains invert this power dynamic. Without a company at the center calling the shots, the control and economic rewards flow primarily to users, creators, and developers at the edges, similar to how they do in the internet’s original protocol networks, email and the web.

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The rise of modern social networking turbocharged the internet by lowering the barriers for users to become publishers & build an audience. But in today’s dominant social networking model, control & economic rewards flow mostly to the companies at the network center, not users, creators, & developers at the edges.

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Today’s announcement that Farcaster is now a fully permissionless protocol is a step towards a future of decentralized social networks that I believe will be better for users and other network participants. Here’s why.

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We're permissionless!

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If someone says “gm frens” today, they are: a. crypto diehard b. hypebeast c. just waking up d. ???

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It’s a present for my wife but I’ll be indirectly involved :)

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Thank you! That might be an interesting post. I went through the whole process of pitching etc. It was interesting.

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(This is a comment on how much time it takes- not my ability to remember.)

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Another observation: I naively thought I could anticipate most reactions/criticisms in the early drafts. I was lucky to have ~30 smart readers who gave detailed feedback and it was invaluable for improving the book in many ways I didn’t originally expect. (Looking back those early drafts look terrible to me now :)).

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One observation: you can pick any sentence from the book and I can tell you where the sentence occurs and in most cases the history of the revisions to that sentence. Which is to say: it takes that many hours (1000+ I think?) to get a book to sufficient quality level. I (naively) didn’t expect that when I started.

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Submitted the book to the publisher today. I looked back and it was 10 months to the day I started writing it. Took significantly more time than I expected (calendar months but also hours per day). It was an interesting process. I learned a lot and it sharpened my thinking on the topic. Would recommend :)

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Ed O'Shaughnessy

Interesting exploration here. https://web3-with-a16z.simplecast.com/episodes/ai-crypto-centralization-decentralization-omlXZtTe

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