The Decentralization of Cryptocurrency

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decentralization doesn't mean that you don't get to benefit from what you're bud. It's the core value proposition of crypto. This raises a question, though, why would developers aree to give up some of the value of the networks they create in this wide open, decentralized space where there are no owners? Wouldn't the developers who created the networks want to keep all that value for themselves? One way to look at the future of crypto is through the prism of the idea maze: techno logists can try new things and adapt innovations to other parallel innovations going on.

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.