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Reports from Devcon are coming in are really clear: Leading indicators of focus (i.e. what the smartest, most influential people care about) have migrated away from blockchain + towards "Programmable Cryptography" What does this mean for Ethereum over the next 5 years? ⬇️

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Thanks to my adversarial relationship with the Twitter algorithm I am now turning to client-agnostic social media. Hello world! More soon

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Top casts

Thanks to my adversarial relationship with the Twitter algorithm I am now turning to client-agnostic social media. Hello world! More soon

  • 2 replies
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Reports from Devcon are coming in are really clear: Leading indicators of focus (i.e. what the smartest, most influential people care about) have migrated away from blockchain + towards "Programmable Cryptography" What does this mean for Ethereum over the next 5 years? ⬇️

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People in Ethereum world really care about two things: [1] the PRICE of the token, which long-term is driven by demand for blockspace, which long-term is driven by the demand for applications that run on Ethereum [2] the radical INNOVATION of a world computer running civisational-level infra, solving coordination problems with cheap and programmable "organisation tech", disintermediating the web of platforms at large - the MISSION (spoiler - in the long run, [1] and [2] are the same thing) What does this have to do with Prog Crypto? "Programmable Cryptography" is a catch-all for a wave of innovations including ZK, MPC, FHE, ORAM... They are distinctive because they promise to disintermediate ALL KINDS of communication, not just strangers reaching consensus over global state which, lest we forget, and as @polynya reminds us, is the (only) reason to use a blockchain ⬇️

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