Welcome to my series where I’ll explain the good, the bad, and the ugly of the world of Web3 and Blockchain technology. Over the last 5–10 years, we have seen varying media coverage and market cycles in Blockchain, Bitcoin, DeFi, and NFT technologies. Generational opinions have been defined by enterprises over-promising world-changing products, fear of dark-web transactions, and pricing volatility in brand new currencies and pictures of monkeys. As we enter a new Crypto-Winter in mid-2022, I believe now is the right time to start this series where I explain the core concepts of this technology, where it has been over-hyped, and where it’s practical applications still remain.

If you already have some exposure to these terms that’s fantastic! With this series, I hope to clear up misconceptions and provide explanations as someone who has been developing in emerging technology my entire career. If these terms are foreign, this series may become your best friend as I describe these technologies in layers starting with the most basic information and following through with complex applications.

Web3 is a term thrown around to describe a new version of the internet where data lives on a blockchain rather than in individual companies cloud-environments

As someone who struggled to learn these concepts on my own, I want to arm you with the information I wish I had when I first started and help you develop the ability to pick apart the crypto-hype and crypto-hate.

While there are topics I know I will cover, if there is something you are really interested let me know either by leaving a comment or by reaching out on Social Media (links below).

Questions I will answer:

1. What is a blockchain and why should I care?
2. What are Bitcoin and Ethereum?
3. Aren’t these just pump-and-dump scams?
4. Why do people pay millions for 8-bit avatars and monkey pictures?
5. This is all bad for the environment right?

Topics I will cover:

1. How to get started in Web3
2. Bitcoin, Ethereum, and “Layer 1's”
3. Applications of Blockchain Technology
4. Crypto Price (in)stability
5. NFTs, DeFi, and DAOs

These articles are being posted on both Medium and it’s Web3 cousin Mirror.xyz. A big part of learning Web3 is participating so head on over there and collect this article as an NFT!

The first part in this series is now available, continue on to read it either on Medium or Mirror.xyz!

Socials

Twitter: https://twitter.com/altozachmo

LinkedIn: https://www.linkedin.com/in/zachary-bloss/

ETH / BTC / DOGE / LTC / SOL — block-ops.eth

Block-Ops.xyz: https://block-ops.xyz