Crypto.
Proof-of-Stake vs Proof-of-Work, Without the Tribalism
The debate over how blockchains reach agreement gets weirdly heated. Beneath the tribalism are two genuinely different answers to the same hard question.
Why 'Web3' Lost the Room
Few tech buzzwords rose and fell as fast as Web3. Its decline is a useful lesson in the gap between a compelling narrative and a working product.
The Quiet Utility of Crypto in Broken Economies
In wealthy countries crypto is mostly a speculative bet. In places where the local currency is collapsing, it can be something far more practical.
NFTs Crashed. The Technology Didn't Disappear.
The speculative frenzy around digital collectibles imploded spectacularly. Quietly, the underlying idea kept finding narrower, more sensible uses.
Layer 2s: Fixing the Fees That Killed Crypto's UX
For years, using popular blockchains during busy periods meant paying absurd fees for simple transactions. A class of solutions called layer 2s emerged to fix it.
Why Central Banks Are Building Their Own Digital Money
Crypto set out to route around central banks. One of its lasting effects may be inspiring those same institutions to build government-issued digital currencies.
Self-Custody Is Hard, and That's the Point
'Not your keys, not your coins' is a crypto mantra urging people to control their own funds. The responsibility it demands is exactly what makes it so unforgiving.
Stablecoins Are the One Crypto Use Case That Stuck
Through every boom and crash, one corner of crypto kept growing and being used for real transactions. It's not the speculative coins — it's the boring ones.
The Regulation Reckoning Crypto Couldn't Dodge
For years the industry operated in a gray zone, moving faster than the rules. That era is closing, and how crypto handles the shift will define its next decade.
What a Blockchain Is Actually Good At
Blockchain has been pitched as the answer to almost everything, which is exactly why it's so misunderstood. Its genuine strengths are narrower and more specific.