Biggest innovation since the Internet ⛓

AngelList co-founder Naval Ravikant sat down with Ethereum creator Vitalik Buterin at Disrupt SF. The topic of conversation was cryptocurrencies and blockchains. Key takeaway: Blockchains are the biggest technological breakthrough since the Internet.

What is a Blockchain?

Vitalik defines it is as "a decentralized system that contains some kind of shared memory." It's a public ledger showing all the transactions of the cryptocurrency. Here's a visual demonstration.

“The internet is programmable information. The blockchain is programmable scarcity.” – Balaji Srinivasan

Blockchains are the Internet protocols for allocating scarce resources. Today, you can use all the server power you want by paying AWS. In the future, you'll use a decentralized network for digital storage where people can rent out their spare capacity in exchange for a digital token payment.

Over time, we may even see solar grids, electric grids, self-driving car grids, and other decentralized networks in the real-world that will be controlled and administered by blockchain without human intervention.

Crypto Products You Can Use Today

• Blockstack is creating a gateway to a new, decentralized internet
• Toshi is Coinbase's mobile browser for the Ethereum network
• 21.co replaces your public email with an inbox that pays you
• Lionshare: Crypto price & portfolio tracker for Mac
• Game of Coins: A virtual cryptocurrency trading game

P.S. Check out Cryptominded and WTF is Ethereum to learn more about the space.

Crypto Projects You’ll Love

Grow your app with Setapp: revenue, users, & AI

You shipped the app. Now comes the part nobody warns you about.

Billing across dozens of countries. Licensing agreements. Tax compliance. Customer support for users you haven't met yet. And if your app does anything with AI, add provider management and infrastructure costs to the pile. None of that is why you started building — but all of it is now your problem.

Setapp is trying to take it off your plate.

You probably know Setapp as the subscription marketplace — one monthly price, hundreds of Mac apps. On May 21st, they turned toward developers. The pitch is simple: list your app, reach users who are already looking, and let Setapp handle the business layer.