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120 - Marc Andreessen & Chris Dixon of a16z | Reinventing the Internet

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The Evolution of Internet Protocols: From Binary to Blockchain

This chapter explores the transformation of network protocols, transitioning from proprietary systems to accessible, text-based communication during the rise of the internet. It highlights the challenges faced by early developers and the parallels between the early Internet and the emerging Web3, focusing on both innovation and skepticism. The discussion also addresses the implications of governance, net neutrality, and how the ethos of the internet has evolved over time, ultimately envisioning a future where decentralized governance might either thrive or lead to new power consolidations.

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