by Josh Stark & Evan Van Ness Ethereum began as a blank canvas. Ethereum is an open, permissionless blockchain that developers can use to create any kind of application they want. This year, the early strokes laid down on that canvas began to form into a coherent picture. You don’t…

Two partners at Union Square Ventures recently published separate blogs critical of Ethereum: “Is Ethereum the AOL of Crypto?” by Albert Wenger, and “Some Thoughts on Crypto” by Fred Wilson. I’m fond of saying that “Ethereum needs better critics”. Hopefully Albert and Fred continue being critics, and through debate with…

by Josh Stark, Evan Van Ness, and Daniel Zakrisson Ethereum began as a bold experiment. Can we build a universal platform for digital money and assets, un-censorable applications, and decentralized organizations? We started with a slightly smaller experiment: was it possible to launch a blockchain that could execute arbitrary programs…

A concept I often use to explain the potential of blockchain technology is “the space of possible economic relationships”. What do I mean by economic relationships? I mean any situation where two or more persons enter into a relationship concerned with value: A transfer of cash An informal agreement to…

👉Interested in helping build the infrastructure for web 3? L4 is actively hiring. The internet is changing again. Over the last decade internet-based services have trended towards centralization. Today, a handful of companies control the platforms we use to search for information, store our personal data, manage our online identities…

For ethereum 2018 is the year of infrastructure. This is the year when early adoption will test the limits of the network, renewing focus on technologies built to scale ethereum. Ethereum is still in its infancy. Today, it isn’t safe or scalable. This is well understood by anyone who works…

Over the last few weeks CryptoKitties has become a minor sensation. As of December 20th, more than $1.7mm USD worth of ether has traded hands in pursuit of collectible, breedable, digital cats. A few days after release, about 11% of the ethereum network’s capacity was being used by CryptoKitties. We’ve…

A few months ago Parker Thompson, a well known Silicon Valley VC, tweeted that “the concept of crypto-economics is stupid. It’s economics. Inventing your own word is just an excuse to ignore well-understood concepts.” The term “cryptoeconomics” causes a lot of confusion. People are often unclear on what it is…

A few months ago Parker Thompson, a well known Silicon Valley VC, tweeted that “the concept of crypto-economics is stupid. It’s economics. Inventing your own word is just an excuse to ignore well-understood concepts.” The term “cryptoeconomics” causes a lot of confusion. People are often unclear on what it is…