{"id":991,"date":"2018-09-20T01:16:54","date_gmt":"2018-09-20T01:16:54","guid":{"rendered":"https:\/\/blockchain-society.science\/?p=991"},"modified":"2018-09-20T01:16:54","modified_gmt":"2018-09-20T01:16:54","slug":"why-a-leading-venture-capitalist-is-betting-on-a-decentralized-internet","status":"publish","type":"post","link":"https:\/\/blockchain-society.science\/?p=991","title":{"rendered":"Why a Leading Venture Capitalist Is Betting on a Decentralized Internet"},"content":{"rendered":"<blockquote>\n<h4 id=\"56dd\" class=\"graf graf--h4 graf-after--p\"><strong class=\"markup--strong markup--h4-strong\">And blockchain will bring those better products?<\/strong><\/h4>\n<p id=\"85b5\" class=\"graf graf--p graf-after--h4\">For me, the most interesting part of blockchain technology is that you can provide much richer and more advanced protocols. They have the best features of Web One in that they\u2019re governed in a decentralized way, and in a way that the rules are fixed and people can build on them and invest in them and know that the rules won\u2019t change. But they have more advanced functionality than protocols of the Web One era.<\/p>\n<p id=\"bc68\" class=\"graf graf--p graf-after--p\">One way to think of a blockchain is as a community-owned database. In Web One, there were no databases. In computer science terminology, there\u2019s no way to keep state. You just look at Ethereum today, you can store any arbitrary code, any arbitrary names, any arbitrary thing. It\u2019s a very rich kind of database, and so you can build much more powerful services that also have those properties of Web One and Web Two.<a class=\"markup--anchor markup--p-anchor\" href=\"https:\/\/breakermag.com\/why-we-need-web-3-0\/\" target=\"_blank\" rel=\"nofollow noopener\" data-href=\"https:\/\/breakermag.com\/why-we-need-web-3-0\/\">\u00a0Some people call it Web Three<\/a>.<\/p>\n<p id=\"fa51\" class=\"graf graf--p graf-after--p\">Web Two was don\u2019t be evil. Web Three is can\u2019t be evil. You bake it into the code that you can\u2019t be evil.<a href=\"https:\/\/medium.com\/s\/the-crypto-collection\/why-a-leading-venture-capitalist-is-betting-on-a-decentralized-internet-46ccbd9780c3\"><img src=\"https:\/\/blockchain-society.science\/wp-content\/uploads\/litho\/2f73716f8e44393a3b409258b748a596bea26abf5d85f4bbec5c6bc93468f4b8.png\" class=\"image-treated\" data-original=\"https:\/\/cdn-images-1.medium.com\/max\/1200\/1*2UwwHRJe_SDNZvAVpvxTmg.jpeg\" data-treated=\"https:\/\/blockchain-society.science\/wp-content\/uploads\/litho\/2f73716f8e44393a3b409258b748a596bea26abf5d85f4bbec5c6bc93468f4b8.png\" \/><\/a><\/p>\n<\/blockquote>\n<p>Source: <em><a href=\"https:\/\/medium.com\/s\/the-crypto-collection\/why-a-leading-venture-capitalist-is-betting-on-a-decentralized-internet-46ccbd9780c3\">Why a Leading Venture Capitalist Is Betting on a Decentralized Internet<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>And blockchain will bring those better products? For me, the most interesting part of blockchain technology is that you can provide much richer and more advanced protocols. They have the best features of Web One in that they\u2019re governed in a decentralized way, and in a way that the rules are fixed and people can [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[17,46,5],"tags":[],"_links":{"self":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/991"}],"collection":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=991"}],"version-history":[{"count":1,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/991\/revisions"}],"predecessor-version":[{"id":992,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=\/wp\/v2\/posts\/991\/revisions\/992"}],"wp:attachment":[{"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blockchain-society.science\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}