Jack Dorsey's Block Scraps 'Web5' Project 15
Block will abandon development of its Web5 decentralized internet project and reduce investment in music streaming service Tidal to focus on bitcoin mining hardware and self-custody wallets, the payments company announced in its third-quarter letter to shareholders. The Jack Dorsey-led firm cited strong market demand for its bitcoin mining products and Bitkey wallet as key drivers behind the strategic shift.
Trump (Score:4, Interesting)
I wonder if this is because Bitcoin and crypto is a favourite scam of the president elect?
Re: (Score:1)
also, Bitcoin is not DeFi
Re: (Score:3)
Re:Trump (Score:4, Interesting)
Look who it's supporters are.
Go ahead, list them out.
Now tell me again why it's not a scam.
We have the bros to thank for 2nd Trump term (Score:2)
Look who it's supporters are. Go ahead, list them out.
Now tell me again why it's not a scam.
Indeed - and the bros have already admitted [coindesk.com] that we have craptocurrency backers to thank for another Trump term:
And they're already on their way to corrupt the next elections [coindesk.com] (but only to whomever supports their crypto corruption - how noble!)
Re: Trump (Score:2)
This only scam here is the people posting comments about Trump in unrelated stories to harvest karma from the TDS-afflicted. Nice try though.
Re: (Score:2)
about Trump in unrelated stories to harvest karma from the TDS-afflicted. Nice try though.
More MAGA lies. Nice try though. [slashdot.org]
Thou shalt count no further (Score:2)
5 is right out!
Naming troubles (Score:3, Informative)
With titles like "Block", "Threads" or simply "X", - whether it is the UNIX display system or the shitshow that was previouly called Twitter that was already bad before its takeover but somehow found a way to be worse - technology companies names have become very confusing.
Re: (Score:2)
Fix the current internet HTML/CSS/JS mess first (Score:2)
How long will W3C, ECMA and other standards agencies be asleep at the wheel when it comes to fixing the current web technology stack?
The incremental band-aid approach for the last decade has only perpetuated the problem and let it compound.
How about a simple one like making a simplified gRPC type of protocol standard in internet browser to server communication including streaming? There are approaches to it but they all degraded due to the connection less underlying HTTP protocol and stateless server side.
Heard a guy talking about Bitcoin in a bar: (Score:2, Funny)
He said: "Fiat currencies are obsolete. They're total crap."
His friend: "Really? Like what currencies?"
Guy: "Anything - the Euro, the Yen, even the USD - all crap."
Friend: "Uh Ok; so like, what's Bitcoin's worth then?"
Guy: "Each coin is worth north of $75K right now."
Friend: "What?! $75K?? As in USD??"
Guy: "Yeah - over $75K USD each"
Friend: "Wow. Bitcoin sure is a lot of crap!"