#Bitcoin protocol is a public good.
“Bitcoin is people”
— #[0]
Business is people.
#Bitcoin is business—a smart contract platform for digital markets as originally envisioned by Nick Szabo
Being the ruler of your own world.
#buildinpublic
Step 4: Design system
High-fidelity prototype design turned into a design system, which allows us to streamline the UI design process through a set of guidelines and reusable components, that ensure consistency in the project.
https://robsokolo.substack.com/p/step-4-design-system
#buildinpublic
Step 3: Prototype
A low-fidelity prototype based on wireframes helps to refine our user flow.
The prototype enables early user testing and gathering feedback on the usability and functionality of the application.
https://open.substack.com/pub/robsokolo/p/step-3-prototype
#web3 #web5 #decentralized #identity #selfsovereignidentity #ssi
Remember that #Bitcoin at the current price level is at a 75% discount.
Decentralized identity gives someone the ability to prove themselves to be a continuous entity across different digital platforms and across time.
Satoshi Nakamoto’s original label for the #Bitcoin blockchain was a “timechain”.
https://www.swanbitcoin.com/the-implications-of-open-monetary-and-information-networks/
Working on Bitcoin, you decide to work for the #12 world’s most valuable assets by market cap.
And it’s going to move all the way up above gold, since #Bitcoin is the digital gold.
You can ask Nick Szabo.
“A powerful global conversation has begun. Through the Internet, people are discovering and inventing new ways to share relevant knowledge with blinding speed.
As a direct result, markets are getting smarter, ...and getting smarter faster than most companies.
Corporate firewalls have kept smart employees in and smart markets out. It's going to cause real pain to tear those walls down.
But the result will be a new kind of conversation. And it will be the most exciting conversation business has ever engaged in.”
from The Cluetrain Manifesto
Don’t try to do things,
but focus and simply do it.
Dreams are for trying.
Reality is for doing,
for real.
Self-sovereign identity requires you to be the ruler of your own identity.
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https://robsokolo.substack.com/p/fighting-spam-with-bitcoin
The problem with spam is that its small cost can be rounded down to zero, but sending bulk messages online is not free – it requires real-world resources and the price we pay is attention.
We can eliminate spam by making it expensive, and this can be achieved in two ways:
1. Through returnable micropayments, so the cost of sending mass amounts of messages will be expensive only for a spammer, who violates platform policy. This method is known as proof-of-stake.
2. Through additional computation necessary to send a message. This can be message encryption, so the time necessary to encrypt thousands or millions of spam messages will turn into months or years. The encryption process stands for proof-of-work, which is cheap for a single message, but expensive for bulk.
The fix that #Bitcoin brings to Money also carries a solution to clean up our mailboxes and social media platforms. Technologies underpinning Bitcoin are rooted in attempts to eliminate spam, so the battle against online junk is not yet lost.
#web3 #blockchain #proofofwork #proofofstake
Bitcoin isn't the first Internet money - it's the first digital money that works.
As a result of over 30 years of prior research, #Bitcoin is running non-stop for 14 years, which makes it the most reliable and secure financial network in the world.
