"As the crypto industry makes progress toward Web 3.0, we’ll come to realize that it’s hard to beat the security and network effects of Bitcoin." - Muneeb Ali
Another great article from Bitcoin Magazine, this one by the founder of Blockstack, Muneeb Ali, on the superior security and foundation that Bitcoin can provide to Web 3.0. How its perceived "limitations," may be what makes it the best foundation we could have.
It also sparks a long Guy's Rant on the value of on-chain vs off-chain contracts, the doubts on the "tokenization of everything," & why smart contracts are only as good as the token they contract in (not the other way round).
This isn't to be missed. Check out the other great stuff at Bitcoin Magazine that I won't be able to cover, plus the original articlewith links to dig further in at the link below:
https://bitcoinmagazine.com/articles/the-king-of-blockchains-bitcoin-can-become-the-foundation-for-web-3-0
Mentioned in the episode for further Rabbit Hole Research:
Szabo's "The Dawn of Trustworthy Computing"
https://anchor.fm/thecryptoconomy/episodes/CryptoQuikRead_113---The-Dawn-of-Trustworthy-Computing-Nick-Szabo-e2ndr3
BitcoinHalving.com 21 Hour Live Stream:
https://www.bitcoinhalving.com/
Don't forget to check out Swan Bitcoin! Start your Bitcoin savings plan by clicking here
https://www.swanbitcoin.com?grsf=yg8ftt
Bitcoin Core is in the spotlight again — and not in a good way. In this roundtable, Jeff Swann, Simple Steve, Bitcoin Mechanic, and...
With so many new features, tricks, and protocol changes, what will it be like to use lightning? What will Carol, the user, need to...
"The greatest danger to the State is independent intellectual criticism." -Murray N. Rothbard Another piece made available thanks to the amazing team over at...