Web3 is a relatively new term, but blockchain technology is older than many realize. In this episode of the Mint One podcast, John and I discuss the beginning of crypto, how it has evolved, and how the culture around it has grown and changed.
Token Gamer and NFT Insider have decided to combine forces to launch a weekly podcast, Mint One (formerly WAX Lyrical). John Nichols of NFT Insider and I will discuss a new topic every week, as well as feature special guests. If there’s a topic you’d like us to cover, make sure you let us know through the Token Gamer Discord or Twitter, or the NFT Insider Discord or Twitter.
In last week’s episode, John and I celebrated our 30th episode by introducing video to the format and by discussing our journey into podcasthood so far. This week, we dive back into the murky and tumultuous waters of Web3 and its ever-changing shape.
Episode 31: How Has Web3 Culture Changed?
Whatever the topic of the podcast, however familiar with it I might be, I like to do some research before we record. With this topic, I have a first-person account for a good portion of recent history, but as it transpired, I had no idea of the pre-Bitcoin era that shaped the Web3 we see growing today.
Firstly, I was completely unaware that blockchain technology dates back as far as 1991 when it was created by Scott Stornetta and Stuart Haber. Not did I realize that they are cited in the Bitcoin whitepaper and also worked on ZKP (Zero-Knowledge Proofs). They are the undisputed godfathers of cryptocurrencies.
That said, there are many others players between 1991 and 2008 that brought us closer to Satoshi’s famous Bitcoin whitepaper. For example, Nick Szabo created Bit Gold in 1998 which used Proof-of-Work and many other key markers of cryptocurrencies today. Though it didn’t catch on, it is often called the precursor to Bitcoin.
Since these days of fringe geniuses working on deep cryptography and advanced maths, blockchain technology has become synonymous with “crypto bros” — a far cry from the sorts of people who laid the foundations on which the industry is built.
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