?? Day 98: Diving Deeper into the Blockchain World with "Read, Write, Own" - Part 1

Hello, LinkedIn community!???You may have noticed my recent silence on this platform. I've been engrossed in some demanding project work. More significantly, I have devoted a substantial portion of my personal time to an enlightening book in the blockchain and crypto space - "Read, Write, Own" by Chris Dixon. ????

Introducing "Read, Write, Own" and Its Esteemed Author

Before delving into the meat of the matter, allow me to introduce this transformative book and its brilliant author. Chris Dixon, a luminary from A16z (a leading VC firm), has helmed several successful ventures and made noteworthy contributions to the blockchain and crypto field. His insights offer a valuable roadmap for anyone keen on navigating this fascinating terrain.??

Read Era

The "read" era refers to the early stages of the internet, around 1990-2005, when protocol networks democratized access to information. During this time, the internet became a global library where anyone could type a few words into a web browser and read about almost any topic through websites. This era was characterized by the spread of information and knowledge, leading to a more connected and educated world.

Write Era

The "read-write" era, roughly from 2006-2020, was marked by the rise of corporate networks, which democratized publishing. Social media platforms and blogging sites allowed anyone to write and publish to mass audiences. This era led to an explosion of user-generated content, giving a platform to voices that may have been overlooked or marginalized in traditional media. However, it also led to the dominance of a few powerful corporations that controlled these platforms, leading to issues around privacy, data ownership, and content moderation.

Own Era

Now, we're transitioning into the "read-write-own" era, enabled by blockchain technology. This era is about democratizing ownership. Blockchain technology allows for the creation of decentralized networks where anyone can become a network stakeholder. Users can now not only read and write on the internet, but also own a part of the network they contribute to. This leads to a redistribution of power and economic benefits, enabling users to have a say in how the network is run and share in the profits generated by the network. This era has the potential to revolutionize how we interact with the internet, making it more equitable, transparent, and user-centric.

Unleashing the Power of Blockchain

The impact of blockchain in this "own" era is profound. It counters the big company consolidation and restores the internet to its dynamic roots. It empowers users, reduces the taxes on creators, and incentivizes innovation. Blockchain networks are akin to a new construction material for building a better internet. They're not just about creating networks; they enable more desirable outcomes by combining societal benefits of protocol networks with the competitive advantages of corporate networks.??

Looking Ahead

Tomorrow, we will delve deeper into Chris's key criticisms on how corporate network players like Google are actually taxing creativity, and we'll explore the concept of Casino vs. Computer Culture in the crypto field, another insightful part of the book. Stay tuned!??

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