Regarding your last sentence, I think that's fine.
I know Moxie criticizes people for saying “It’s early days still" but I really do think it's early days and NFTs have driven crypto into the mainstream too quickly.
Crypto researchers are still chipping away at the math and computer science required to bring the web3 vision to life. What's unfortunate is I've yet to see an article on hacker news about this research and, instead, articles about the hacked together shit that is unfortunately the face of web3 at the current moment.
If you're interested, I'd recommend people check out some of the following topics:
- Smart Wallets for better UX for your average user.
Does this not prove his point though? Because decentralization is harder to get right on a technical level, centralized alternatives will always outcompete more decentralized ones.
I know Moxie criticizes people for saying “It’s early days still" but I really do think it's early days and NFTs have driven crypto into the mainstream too quickly.
Crypto researchers are still chipping away at the math and computer science required to bring the web3 vision to life. What's unfortunate is I've yet to see an article on hacker news about this research and, instead, articles about the hacked together shit that is unfortunately the face of web3 at the current moment.
If you're interested, I'd recommend people check out some of the following topics:
- Smart Wallets for better UX for your average user.
- Zero-Knowledge Proofs (and zk-snarks, zk-starks).
- Rollups (specifically zkRollups) for scalability.
- Single-slot finality for fast transaction confirmation.
- Ethereum Sharding and Data-Availability Sampling. Again for scalability.
- Sign-In With Ethereum.
- And of course, Proof-Of-Stake (specifically Ethereum's Casper algorithm which is being tested right now).