Netscape creator says Web3 really is like the rise of the early internet
Billionaire tech entrepreneur Marc Andreessen says that the current proliferation of Web3 and blockchain technology looks just like the internet in the late 1990s. Billionaire tech entrepreneur turned venture capitalist, Marc Andreessen says that Web3 and its underlying blockchain technology reminds him of the rise of the early internet. Andreessen, better known today as the co-founder of the blockchain-focused venture capital firm Andreessen Horowitz (a16z), originally found success by developing the first widely used web browser called Mosaic, and then founded Netscape Navigator which....
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The same way the browser became the window into the early internet, digital wallets are becoming the interface for the decentralized internet, or Web 3.0. Most people might not remember that websites once had icons that said, “This site has been optimized for Internet Explorer,” but, two decades ago, it wasn’t uncommon.Just like today’s battle between Web 2.0 monopolies and Web 3.0 communities, at the beginning of the early consumer internet, there was a similar battle waged over who would own the portal to it: A closed-source global monopoly, or an open-source nonprofit.A battle for the....
In a recent interview with CNET, Netscape founder Marc Andreessen shared his viewpoint on Bitcoin, saying that he wished he invented Bitcoin without hesitation. "When we tried to get investors for Netscape, most of them said 'you're out of your mind," Andreessen said. "This is the thing that's most like that of anything I've seen in the last 20 years." Also read: Coinbase Raises $25 Million From Andreessen Horowitz. According to CNET, Andreessen also said that Bitcoin today is like the Internet was in 1993, when it was slow and difficult to access unless you were a master of computer....
Flickr/Joi Ito. Marc Andreesen, co-founder of Silicon Valley venture capital firm Andreesen Horowitz, and creator of the first web browser (Netscape Navigator) praised bitcoin in a op-ed piece published Monday in the New York Times. In that piece, titled Why Bitcoin Matters, Andreesen compares the coming of bitcoin to that of personal computers and the Internet, as it were. Inventions that have not only changed our personal lives, but the world. An excerpt: A mysterious new technology emerges, seemingly out of nowhere, but actually the result of two decades of intense research and....
Web3 technology is here to revolutionize how the current internet works. Web3 achieves this by decentralizing the current framework into various pieces instead of centralized technologies. “Web3” is the name some technologists have given to the idea of an internet service built using decentralized blockchains. Why Web3? The internet is evolving; its influence on us […]
Web3 shows promise for all industries in some form or another, but what does it have in store for the creator economy? The creator economy is made up of 50 million people creating intellectual assets of all types. The problem is that content creators around the globe are forced to use centralized platforms which dictate […]