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Nobody Knows : Steel & Blockchains

Tom Tunguz

Asking “What problems do blockchains solve?” Blockchain networks are a new construction material for building a better internet. The pace of innovation is hard to overstate. is like asking “What problems does steel solve over, say, wood?” But they remain 1000x more expensive than their web2 counterparts. They store less data.

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Gas Gas Revolution

Tom Tunguz

The same cost-reduction phenomenon is occurring with blockchains, though it’s not nearly as well publicized. The cost to save data to a blockchain is called gas. Some newer blockchain databases like Sui have further pushed that cost to $0.0019 as of this writing. for Optimism & $0.08 for Arbitrum. Optimism 0.15

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Building a $20b Behemoth : Office Hours with Steven Goldfeder of Offchain Labs

Tom Tunguz

Steven authored many of the seminal papers behind modern blockchains. More than innovating technically, Steven has guided Offchain Labs’ developer relations strategy in a unique way in the ecosystem. Arbitrum is a L2, a layer 2, that sits atop Ethereum, improving its performance & cost to write transactions.

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How to Harness the Power of Digital Market Dynamics for Product Innovation

Blulogix

How to Harness the Power of Digital Market Dynamics for Product Innovation By BluLogix Team Innovating Subscription Offerings in the Agile Digital Landscape The digital marketplace is an ever-evolving ecosystem, characterized by rapid changes in technology, consumer behavior, and competitive landscapes.

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NFT Innovations: Shaping the Future of Real Estate

SaaS Metrics

Read more The post NFT Innovations: Shaping the Future of Real Estate first appeared on SaaS Metrics. According to a 2022 report by Deloitte, NFT sale volumes increased by a staggering 1900% in 2021 while the global property sales volume was nearly $4 trillion. The convergence of these two realms can.

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Partnering with Mysten Labs to Build Foundational Infrastructure for Web3

Tom Tunguz

The foundational layers of the next wave of technology innovation are built constructed today. This team is responsible for developing Facebook’s blockchain (Diem) and the Move programming language, two fundamental projects within the ecosystem. At Redpoint, we’ve been spending more time in crypto.

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An Era of Fundamental and Massive Change - The Capital Markets Innovation of the ICO

Tom Tunguz

The technology innovation catalyzed by Bitcoin and Blockchain is creating many multibillion dollar economies quickly. But in environments like the current one and with the innovation of an ICO, bold, high-capex bets are possible again. The ICO market today bears many similarities to the dotcom era.