POW

I'm proud to announce a brand new free course, Metacademy: Web3 & The Metaverse, where you'll learn to navigate this new terrain and leverage it for your business. Continue Reading →

The Metacademy: Crypto & NFTs course is a free-to-use, hands-on tutorial where you'll learn about the world of Web3, smart contracts, blockchain, NFTs, and cryptocurrency. Continue Reading →

I have two slides at the end of most of my presentations. One is my investible theses for the upcoming year and the other is stuff that has my attention. As we head into 2023, I thought it might be fun to look at a deck from 2018 and see if I got any of it right five years ago. I'll let you be the judge. Continue Reading →

Sam Bankman-Fried (SBF), who some have dubbed "Sam Bankrun-Fraud," was arrested in the Bahamas on Monday after the U.S. filed criminal charges that it expects to unseal Tuesday morning. The disgraced founder of crypto exchange FTX (one of the world's largest) will likely be extradited to the U.S. Continue Reading →

New York Governor Kathy Hochul signed a two-year moratorium on new permits for proof-of-work (PoW) cryptocurrency mining operators that rely on carbon-based fuel to power their activities, making NY the first state to outlaw crypto mining. Continue Reading →

In the wake of the FTX implosion, everyone is talking about the pros and cons of cryptocurrency. This week, for clickbait reasons, it’s mostly the cons. Before you offer an opinion about cryptocurrency to your friends or consider formulating a cryptocurrency policy for yourself or your business, you should take a moment to understand that cryptocurrency “crypto” is a catchall phrase, and a lazy one at that. Continue Reading →

When someone says "the metaverse," what do they mean? At the moment, the observable metaverse is a continuum that spans experiences from virtual reality (VR) through mixed reality (MR) to augmented reality (AR). The experiences are different, but some of the most successful metaverse projects share many common creative and technological attributes. What are they? To help figure it out, we've been developing a framework we call the Standard Model of the Metaverse. Continue Reading →

I decided to shut down my ETH mining operations a few hours before the Merge last night. It was getting close to midnight, and I didn't want my mining rigs grinding away at "nothing" in the middle of the night. So, with all due pomp and circumstance, I began an orderly, ceremonious abandonment of my mining operations. Continue Reading →

The most significant event in the short history of Web3 will most likely occur on September 15, 2022. That’s when Ethereum, the largest smart contract blockchain (with the second largest cryptocurrency by market cap), is now scheduled to enact an existential operational change. If it fails, “The Merge,” as it is colloquially called, is almost sure to take the crypto markets down with it. But even if The Merge is 100 percent successful, it will come with profound implications regarding censorship, regulation, and the future of money. Continue Reading →

Ethereum is a few days away from "The Merge," its transition from Proof of Work (mining) to Proof of Stake (staking). The promised benefits of Proof of Stake (PoS) include a significantly higher number of transactions per second (tps), reduced environmental impact (PoS requires far less energy than mining), and greater scale. Where mining rigs are expensive, require a lot of electricity, and require specialized skills to efficiently operate, PoS rigs only require average hardware, a static IP address, and the ability to read and follow directions. So, should you stake ETH? And, if so, should you do it in a pool or solo? Continue Reading →