What would be the web5 version of this?
”My thesis is that seemingly small initial decisions around software and network design can have profound downstream consequences on the control and economics of digital services. The book walks through the history of the internet, showing how it has gone through three major design eras: the first focused on democratizing information (read), the second on democratizing publishing (write), and the third on democratizing ownership (own).
We are on the cusp of the third era — own — so I explain the key concepts underlying it, including blockchains and digital services built on top of blockchains. The book therefore answers a common question I hear: “What problems do blockchains solve?” Blockchains solve the same problems that other digital services solve, but with better outcomes. They can connect people in social networks, while empowering users over corporate interests. They can underpin marketplaces and payment systems that facilitate commerce, but with persistently lower take rates. They can enable new forms of monetizable media, interoperable and immersive digital worlds, and artificial intelligence services that compensate — rather than cannibalize — creators and communities.”
Read Write Own
Read Write Own - Chris Dixon
A potent exploration of the power of blockchains to reshape the future of the Internet—and how that affects us all—from highly influential entr...
