Minting is an unfortunate coin-metaphor term (“coinage” 😖). It’s really a kind of source spigot. I wish they’d called mining drilling. Drilling for hashes.
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Ethereum developed better language tbh. Ether, gas… fluid metaphors all over the place.
Oh yeah, hash rates! Can’t get more flow than that!
And mining “pool” … you can’t really pool solids.
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Okay will hit pause on this train of thought. Trying hard to stay on the hands-on side. It would be just too easy for me to get carried away by this flow 🤣
My natural mode is tinker with real things for 5 minutes, speculate wildly in the abstract for 15. Must resist.
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But here’s an old thing I wrote on hyperlinks when I was high on Memex visions in 2009.
Maybe I can write a sequel, the Rhetoric of the Split.
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Someone make a Sankey diagram based blockchain explorer. At the very least it will improve Sankey literacy for climate awareness. You can split me a royalty for the idea. See how natural the language is? “Link to me” —> “split to me.”
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Prediction: MetaMask will add a messaging function. You already have an address book. You’re probably doing splits with them. Why go to Signal or wherever? Mutisigs will develop attached group discussion fora. Messaging companies may acquire wallet companies. Or vice versa.
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Your main transactional (but not custodial) wallet will be your identity/social, replacing email and phone number.
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Venmo has already created a weird social network around Web2 payments. But Web3 is the natural home for the idea. On Venmo, it’s vaguely voyeuristic, like Glassdoor reviews. But on Web3 such things may have a healthier valence.
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This is probably going to be the big ideological divide.
I think *decentralized* artificial digital scarcity is a great invention. Incentivizes production without empowering aggregators too much. I think aggregation theory will be weakened or reversed by Web3. twitter.com/MattAlhonte/st
This Tweet is unavailable.
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is this meaningfully different from saying digital copyright length should be infinite
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copyright is a legal construct to a certain end; if you can actually encode drm on a blockchain, why is it not the same end?
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