Doing my best to understand and simplify crypto, blockchain, and Web 3.0 for myself and others. Values: optimism, kindness, authenticity, truth, freedom.
During the Industrial Revolution, massive wealth was created by railroads, banks, and newspapers. What are the railroads (connecting), banks (financing), newspapers (informing) of the Web 3 Revolution? 🧵
Newspapers provided unique access to reliable information. This reminds me of the role of oracles in smart contracts. (Many newspapers actually had the name “Oracle”.) Oracles, like @chainlink, provide unique and reliable data to enable smart contracts to do more.