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2022-03-14

14 Mar 2022 | tags: [ Journal ]

  • More about the TikTok thing
    • In another post, a Gen Z user rips into millennials with the claim that they have underperformed as a generation. “Y’all were supposed to be saving the climate, starting revolutions and shit. What did you contribute? Mumford and Sons? A craft brewery on every corner?”
    • Unlike users of Twitter or Instagram, users do not need to “follow” any accounts before they’re served content. Instead, a mysterious, uncannily accurate algorithm intuits the user’s preferences and presents them in a so-called “For You” page.
    • This intimacy may also be the reason for Gen Z’s generational allegiance. Where millennials were cloaked in mostly faceless anonymity online (on , Tumblr, Twitter) or highly curated photography (Facebook, Instagram), Gen Z’s digital life is dominated by the near-constant production of images and videos of themselves (Snapchat, ), creating a very different relationship between them, their peers, and the rest of the world.
  • What problems Blockchains solve
    • Blockchains do address a real problem: Keeping track of a record without access to a shared trusted party.
    • If anyone tries to sell you a Private Blockchain, run! This person, either by incompetence or by malice, likely will not act in your best interest.
    • on Byzantine Consensus
      • Decentralized Autonomous Organizations
      • In the blockchain world, these are called Decentralized Autonomous Organizations (DAOs). In a typical DAO, the way to become a member is to acquire “tokens”, giving access to a vote weighted proportionally to the number of tokens you hold
      • about storing ownership claims
      • also a currency is a ownership claim
        • but it doesn’t matter which coins exactly I own
        • all that matters is their quantity
      • In contrast, an NFT is a unique token and the Blockchain conveys my ownership of exactly that unique token.
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