Fun

News Feed - 2023-07-07 01:07:26

Elisha Owusu Akyaw7 hours agoIs Web3 messaging going to replace WhatsApp and iMessage? Co-founder of XMTP explainsThe co-founder of XMTP, Shane Mac, is optimistic that Web3 messaging will play a critical role in bringing the masses to the industry.1133 Total viewsListen to article 0:00PodcastJoin us on social networksHashing It Out episode 24 explores Web3 messaging with Shane Mac, co-founder of XMTP — an open protocol and network for secure Web3 messaging — who explains the differences between Web2 and Web3 messaging. Mac also explains how Web3 messaging could spark major adoption for the entire industry moving forward, regardless of current user experience limitations. 


Prior to XMTP, Shane founded Assist, which built the first business messaging for Facebook Messenger, Apple Business Chat, Google Business Messaging, and SMS. In this episode of Hashing It Out, Mac explains why he made the switch from building Web2 messaging platforms to building Web3 messaging. According to him, messaging must evolve based on new identities. He explains that phone messages (SMS) were built around mobile numbers while new social media platforms like Facebook and Instagram also came with new identities. Web3 offers a new form of identity where people have wealth and personality tied to wallet addresses but could not communicate with each other. He describes this new form of identity mixed with messaging as a "huge innovation" and a "huge opportunity.""To verify a message with the wallet signature that is the same wallet signature that proves you own what you say you own felt like a huge innovation."


Elisha GhCryptoGuy asks Mac if Web3 messaging was more than just a gimmick with Web3 branding. Mac explains that Web3 messaging provides a unique utility for users that Web2 messaging cannot. He argues that having all your conversations and connections stored on your private keys allows you to switch platforms and maintain your memories. Mac believes this is an important step in ensuring that users have full control over their information and how they interact on the internet.


Related:How blockchain technology and DeFi could help solve the housing crisis


Listen to the full episode of Hashing It Outwith Shane Mac on Apple Podcasts, Spotify, Google Podcasts, or TuneIn. You can also explore Cointelegraph"s full roster of informative podcasts on the Cointelegraph Podcasts page.# Blockchain# Podcast# Web3Add reactionAdd reactionRelated NewsCan artificial intelligence prevent the next financial crisis?Account abstraction will drive a billion users from Asia to Web3: ConsenSys execBuckle up, Reddit: Closed APIs cost more than you’d expectForget about price! Polkadot Decoded 2023 says bear markets are for buildingUniversities use blockchain-based storage to protect and democratize dataIndustry-leading company hosts major event to push for Web3 transformation

News Feed

Nasdaq-listed mining firm Stronghold Digital Mining for sale?
Gareth Jenkinson10 hours agoNasdaq-listed mining firm Stronghold Digital Mining for sale?Stronghold announced its first quarter results for 2024 and revealed that it is considering a range of options to increase sharehol
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers
FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu,
dYdX community approves 20M token stake as network activity soars
Ana Paula Pereira6 hours agodYdX community approves 20M token stake as network activity soarsThe dYdX community approved staking 20 million DYDX tokens as a security measure as the protocol experiences a spike in trading
Arijit Sarkar12 hours agoKyberSwap hacker offers $4.6M bounty for return of $46M loot“On the table is a bounty equivalent to 10% of users’ funds taken from them by your hack,” said KyberSwap to its hacker in an on-
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia
Paypal Joins Other Payment and Remittance Providers Suspending Services in Russia A number of payment and remittance platforms, now including Paypal, have restricted access to thei
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies
Youth Fashion Retail Chain Pacsun Now Accepts 11 Cryptocurrencies On October 5, the youth fashion and retail brand Pacsun announced the company is now accepting cryptocurrencies vi
Binance-backed Magic Square IDO platform to democratize retail investor access
Zoltan Vardai10 hours agoBinance-backed Magic Square IDO platform to democratize retail investor accessIDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion
Goldman Sachs Calls Bitcoin ‘the Retail Inflation Hedge’ That’s Not a Threat to Gold
Goldman Sachs Calls Bitcoin "the Retail Inflation Hedge" That"s Not a Threat to Gold Goldman Sachs’ head of commodities research calls bitcoin “the r
Felix Ng5 hours agoMeta’s Horizon Worlds launches on mobile and web in early accessMark Zuckerberg’s Horizon Worlds is extending past virtual reality in a bid to bring more users to its 3D virtual world.1723 Total vi
India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch
India"s Central Bank RBI to Adopt a "Graded Approach" to Digital Currency Launch India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “grade
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator The chairman of Australia’s Securities and Investments Commission (ASIC) says crypt
Joe Hall13 hours agoBulgaria’s oldest football club adopts Bitcoin and Lightning, joins NostrFootball meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.1932 Total views8