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This is an audio essay featuring hallway style conversations with the a 16 c crypto team as well as outside experts. In these brief segments, we'll take you from the ground up, from the basic to the most current developments and beyond that to a look at what we might see in the future. We start at the beginning, that means the origins of bit coin, which is the first major crypto currency. And in this section will answer all the basic questions, like, how and why did bit coin start, how is it created? What is mining and how do we know its rthe next section is about expansion and how bit coin's programming concepts started away with innovation.

In this special “innovation overview” episode from April 2021, the a16z crypto team and other experts take you from the ground up of crypto and web3 — from the basics, to more recent developments, and beyond – through the lens of an oral essay with brief segments on what crypto is, how it really works, and where it’s going.

We chose this particular archive episode this week in honor of a new show that just launched: web3 with a16z. Hosted by Sonal Choksi, the previous showrunner of the a16z podcast network and longtime host of this show, and featuring the team at a16z crypto as well as leading scientists and makers in the space, this show is about the next generation of the internet, how builders and users now have the ability to "own" (web3) pieces of the internet, unlocking a new wave of creativity and entrepreneurship. The first two episodes are out this week, so check out and subscribe to “web3 with a16z” wherever you get your podcasts.