The a16z Show

a16z Podcast: Seven Trends in Blockchain Computing

May 7, 2019
Olaf Carlson-Wee, founder of Polychain Capital and an early Coinbase employee, dives into the thrilling realm of blockchain computing. He discusses the shift from primitive protocols to pragmatic product launches, highlighting key trends like improving developer productivity and the significance of proof-of-stake networks. Their chat touches on the promises of decentralized finance, the evolution of governance models, and the exciting potential of NFTs in gaming. Prepare for insights that could reshape the financial landscape!
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ANECDOTE

Early Computer Use Cases

  • Early Apple II ads focused on mundane tasks like recipes, showcasing a limited understanding of computers' potential.
  • True innovation emerged with developer-created applications like word processing and spreadsheets.
ADVICE

Beyond Efficiency

  • Think beyond optimizing existing processes when building crypto applications.
  • Early Bitcoin use cases focused on cost savings, not new possibilities.
INSIGHT

Autonomous Software

  • Autonomous software, like MakerDAO and Compound, embodies the key idea of blockchain: code running as designed with guarantees.
  • Traditional software is an instrument of company management, while blockchain code has agency.
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