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The Distributed Computing Update

One of the applications of cryptocurrency we continue to be excited about is distributed computing. Before crypto, my laptop couldn’t pay a stranger’s idle server as a thank you for running a machine learning program. Cryptocurrencies finally give us the [...]  Read more

Jed @ USV

Over the next year I'll be porting USV's thinking around networks into code, and writing the APIs, apps, and bots that will help folks at our 70+ portfolio companies communicate and collaborate with each other. Read more

An Overview of Blockchain-Based Universal Basic Income Projects

One of the applications of blockchain that we are very excited about is Universal Basic Income. While UBI has traditionally been imagined as a government subsidy, cryptocurrency gives us a way to implement UBI without the need for a government to implement it. We are intrigued by this possibility and are wondering about some key issues, such as the complexities around issuing new currencies and preventing fraudulent accounts. Read more