Format Record post .. html /Format Record Content-type: text/html ~ Stephen's Web ~ From powerhouse to plummeting: Here’s a timeline of FTX’s collapse

Stephen Downes

Knowledge, Learning, Community

The world of blockchain has been roiling this week with the collapse of FTX, a major currency exchange. Here's the timeline. That it happened during the Blockchain and Web3 summit was very bad news for Don Tapscott and company. It would be very premature to dismiss the technology, though - maybe start thinking of it as distributed ledger technology rather than blockchain or Bitcoin. Related: making sense of web 3.0 in education ("Web 3.0 is about decentralization, stripping institutions of their consolidated power and transferring that power to individuals); Google Cloud's new blockchain node engine; the blockchain game Dark Forest that could (according to the article) create a metaverse no one owns.

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Stephen Downes Stephen Downes, Casselman, Canada

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Last Updated: Mar 02, 2024 12:33 p.m.

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