
Read Write Own: A New Era
a16z Podcast
Ethereum: A Bottom-Up Collaborative Model for Self-Sustaining Open Services
Ethereum operates on a self-sustaining economic model where users and developers pay to access it, with the funds flowing back into hosting costs. This model is similar to the mainframe computing model of the 60s, creating a new kind of open community-owned mainframe. Services built on Ethereum inherit the open and community-owned properties, leading to downstream consequences discussed in the book. This collaborative model allows the creation of services like games on top of Ethereum, ensuring they also carry the same open and community-owned attributes. The speaker's reading habits encompass a wide range of genres, with a focus on being well-read and occasionally delving deep into specific topics.