3/ Here is where we see the potential shift. As people grasp the idea of the "attention economy" we see where things are radically shifted. The question of where is your attention going is crucial.

2/ This starts with the data we provide. Many of us are aware of how it is used for advertising, we are tracked, and mega tech processes this. We are now learning how this is also used in LLMs, generating

#threadstorm 1/ In the digital world, nothing happens in a vacuum. Network effects mandate that each action has a greater than 1:1 impact. For this reason, Web3 proponents can be optimistic about how things

Yes it is all time consuming. And we are still focusing upon blogs which is the worst approach in my view. If pushing articles that are time sensitive, always starting over. With threads, we can post quick

It does have that potential. I would like to see the same thing added to discussions. Imagine being able to see what people are discussing. I will have to write a post about it and ping Khal.

Dealing with a litecoin transaction as compared to Hive.

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4/ Outside of ledgers, what can applications pull and feed into their front ends? Think of a question prompted in a chatbot and ask if you can find that same answer on web3?

3/ In this instance, we can see how Web3 databases are basically nonexistent. All information is on Web2. We see very little of use on Web3. It is something that goes across the industry.

2/ There is a lot of talk about Web3, the next generation internet. However, we come to the basic question, what data is being provided? More importantly, where do people go for the information?

1/ When it comes to the internet, there are two components. Front ends which are the websites we use and the back end which house the data we access (among other things). Here is where we need to look

#threadstorm What is it going to take for Web3 to be a success? This is something often discussed yet few get to the main point of the topic.

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4/ This was done in an effort to show proper valuation of the company. It also removes a hindrance that might have stopped some CFOs from signing off on acquiring crypto for their treasuries.

3/ This is now removed and proper valuation at the end of the quarter is the standard. It means that price appreciation is to be shown as a gain in net income, just like with any other asset.

2/ Under the old standards, a company would have to value the crypto at the low price for the quarter. Any change was recognized as a loss. A gain was only realized at the time of sale.

#threadstorm 1/ The FASB has changed the accounting standards relating to Bitcoin and other crypto-assets. This is a big move that could bring a different form of buyer into the market.

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4/ This is something we can expand using blockchain, named accounts, and reputation system. Here we see something else that separates Hive from many other chains. Named accounts will be very useful in

3/ So how do we bring trust in something that appears to be trustless? This was the basis for blockchain to begin with. Satoshi designed Bitcoin for this purpose, albeit for financial transactions.