A small group of really smart people are already working in 2030.
They will own the future.
Here are 28 terms that get you up to speed (starting today):
They will own the future.
Here are 28 terms that get you up to speed (starting today):
1. AUTONOMOUS WORLDS - an online game world that is built on a public blockchain.
It cannot be taken down, has no need for servers, and is maximally decentralized.
More from @justinglibert and @anay_sim 💣
youtu.be
It cannot be taken down, has no need for servers, and is maximally decentralized.
More from @justinglibert and @anay_sim 💣
youtu.be
2. BLOCKCHAIN - the technology underlying Bitcoin, Ethereum, & similar protocols.
It's a shared database with blocks of data, containing transactions or software code, and linked in a chain.
More from @garyvee 💣
(strong language)
youtube.com
It's a shared database with blocks of data, containing transactions or software code, and linked in a chain.
More from @garyvee 💣
(strong language)
youtube.com
3. CRYPTOCURRENCY - a blockchain-based token that can serve as a store of value or medium of exchange.
Cryptocurrencies generally gain adoption due to the perception of their security, privacy, usability, or future value.
More from @Mrwhosetheboss 💣
youtu.be
Cryptocurrencies generally gain adoption due to the perception of their security, privacy, usability, or future value.
More from @Mrwhosetheboss 💣
youtu.be
4. CRYPTOECONOMICS - paradigm frequently used in the design of blockchain systems, combining game theory, economic incentives, & cryptographic security.
Allows participants to coordinate around shared missions without trust.
More from @VitalikButerin 💣
youtu.be
Allows participants to coordinate around shared missions without trust.
More from @VitalikButerin 💣
youtu.be
5. CRYPTOGRAPHY - field in math and computer science that designs secure communications & storage by encrypting data so it's accessible only to authorized users.
Cryptographic techniques help make blockchain tech possible.
More from @khanacademy 💣
youtu.be
Cryptographic techniques help make blockchain tech possible.
More from @khanacademy 💣
youtu.be
6. DAO or decentralized autonomous organization - a new kind of organization that runs as code on the blockchain.
They're owned & run by members with tokens that give decision-making and/or economic rights in the organization.
More from @jessepollak 💣
youtu.be
They're owned & run by members with tokens that give decision-making and/or economic rights in the organization.
More from @jessepollak 💣
youtu.be
7. DAPP or decentralized app - user facing software that relies on interactions with smart contracts on a blockchain.
More from @LunoGlobal 💣
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More from @LunoGlobal 💣
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8. DECENTRALIZATION - a widely used concept in web3.
It refers to replacing systems under a single entity's control with systems that distribute control among their participants.
More from @cdixon 💣
cdixon.org
It refers to replacing systems under a single entity's control with systems that distribute control among their participants.
More from @cdixon 💣
cdixon.org
9. DECENTRALIZED ENERGY - energy that is generated off the main grid and produced close to where it will be used.
It can reduce the transmission and distribution inefficiencies and related economic and environmental costs.
More from @AnaTrbovich 💣
youtu.be
It can reduce the transmission and distribution inefficiencies and related economic and environmental costs.
More from @AnaTrbovich 💣
youtu.be
10. DECENTRALIZED IDENTITY - identity systems on public blockchains that allow individuals to manage their identity-related information.
You can create identifiers & claim attestations w/o service providers or governments.
More from Diego Fernandez 💣
youtu.be
You can create identifiers & claim attestations w/o service providers or governments.
More from Diego Fernandez 💣
youtu.be
12. DIGITAL REAL ESTATE - properties or spaces in a virtual world.
Examples are a plot of land in the metaverse, a shop selling items of value in online gaming worlds, or a specialized conference room in a virtual workplace.
More from @themotleyfool 💣
fool.com
Examples are a plot of land in the metaverse, a shop selling items of value in online gaming worlds, or a specialized conference room in a virtual workplace.
More from @themotleyfool 💣
fool.com
13. METAVERSE - collective virtual shared space, created by the convergence of virtually enhanced physical and digital reality.
Its economy is enabled by digital currencies and non-fungible tokens (NFTs).
More from @HermanNarula @smc90 @VirtualElena 💣
podcasts.apple.com
Its economy is enabled by digital currencies and non-fungible tokens (NFTs).
More from @HermanNarula @smc90 @VirtualElena 💣
podcasts.apple.com
14. NETWORK STATE - a highly aligned online community with a capacity for collective action.
It crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states.
More from @ChikaUwazie and @carlypreilly 💣
youtu.be
It crowdfunds territory around the world and eventually gains diplomatic recognition from pre-existing states.
More from @ChikaUwazie and @carlypreilly 💣
youtu.be
15. NFT or non-fungible token - blockchain-based tokens that are one-of-a-kind, unlike cryptocurrency tokens that are interchangeable.
NFTs can demonstrate ownership of artworks, digital assets, community membership and more.
More from @alice_fulwood 💣
youtu.be
NFTs can demonstrate ownership of artworks, digital assets, community membership and more.
More from @alice_fulwood 💣
youtu.be
16. NON-TRANSFERABLE or SOULBOUND TOKENS - tokens representing a person’s identity using blockchain technology.
This could include medical records, work history, and any type of information that makes up a person or entity.
More from @james_bachini 💣
youtu.be
This could include medical records, work history, and any type of information that makes up a person or entity.
More from @james_bachini 💣
youtu.be
19. PROOF OF STAKE - method for adding data to a blockchain that requires validator computers to "stake" tokens in order to participate in agreeing on which new data to accept and in what order.
More from Slance 💣
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More from Slance 💣
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20. PROTOCOLS - rules for how computers interact with each other on a shared network.
Protocols enable the internet (TCP/IP) and the web (HTTP).
Blockchain networks like Bitcoin and Ethereum are also defined by protocols.
More from @token2049 💣
youtu.be
Protocols enable the internet (TCP/IP) and the web (HTTP).
Blockchain networks like Bitcoin and Ethereum are also defined by protocols.
More from @token2049 💣
youtu.be
21. PUBLIC & PRIVATE KEYS - strings of characters that form the basis of cryptographic systems.
Any given address on a blockchain can be accessed only with both the public key (like a username) and private key (like a password).
More from @Ledger 💣
ledger.com
Any given address on a blockchain can be accessed only with both the public key (like a username) and private key (like a password).
More from @Ledger 💣
ledger.com
22. PUBLIC GOODS - in web3, it refers to software infrastructure that many parties rely on but no one party owns or has sufficient incentive to develop.
More from @katherineykwu and @AnnikaSays 💣
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More from @katherineykwu and @AnnikaSays 💣
youtu.be
23. QUADRATIC FUNDING - model of funding public goods that democratizes philanthropy.
Funds meant to benefit the public go towards projects that really benefit a broad public.
More from @VitalikButerin and @piamancini 💣
youtu.be
Funds meant to benefit the public go towards projects that really benefit a broad public.
More from @VitalikButerin and @piamancini 💣
youtu.be
24. SMART CONTRACTS - pieces of software designed to run on computational blockchains like Ethereum.
A contract might carry out tasks like issuing tokens, enabling complex transactions, and prescribing a governance system.
More from @SergeyNazarov 💣
youtu.be
A contract might carry out tasks like issuing tokens, enabling complex transactions, and prescribing a governance system.
More from @SergeyNazarov 💣
youtu.be
26. TOKENS - units of value that can be defined according to a given protocol, or a smart contract on a blockchain.
Tokens can behave like currency, shares of stock, or a deed of ownership—all depending on how they are designed.
More from @coinbase 💣
coinbase.com
Tokens can behave like currency, shares of stock, or a deed of ownership—all depending on how they are designed.
More from @coinbase 💣
coinbase.com
27. VALIDATORS - users in a network using proof of stake who receive tokens for validating transactions & adding blocks to the blockchain.
They "stake" tokens on the network, which can be lost if they fail to perform properly.
More from Diego Losada 💣
youtu.be
They "stake" tokens on the network, which can be lost if they fail to perform properly.
More from Diego Losada 💣
youtu.be
28. ZERO-KNOWLEDGE PROOFS - a type of cryptographic technique that protects a user's privacy.
It enables someone to prove that they have certain information without providing that information itself.
More from @dhadrien_ 💣
youtu.be
It enables someone to prove that they have certain information without providing that information itself.
More from @dhadrien_ 💣
youtu.be
That's it, folks. I hope this was useful.
If you enjoyed it, please share by retweeting the first tweet.
You can follow me @MishadaVinci.
Get my free newsletter about the technology & people shaping the future here 👇
mishadavinci.substack.com
If you enjoyed it, please share by retweeting the first tweet.
You can follow me @MishadaVinci.
Get my free newsletter about the technology & people shaping the future here 👇
mishadavinci.substack.com
My web3 course is back in January.
Come learn with me and some of the top thought leaders in the space.
You can check it out and join us here:
maven.com
Come learn with me and some of the top thought leaders in the space.
You can check it out and join us here:
maven.com
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