Jack Kubinec

1 week ago | mail.blockworks.com | Byron Gilliam |Jack Kubinec |Ben Strack |Casey Wagner

When Ross Perot‚Äôs ‚Äúcomputer facilities management‚ÄĚ startup Electronic Data Systems was listed on the stock exchange in 1968, the shares were offered at 118x earnings. It was an eye-popping valuation at the time ‚ÄĒ especially given the risks. EDS ‚Äúis in a precarious position,‚ÄĚ Fortune noted shortly after its IPO.

1 week ago | blockworks.co | Jack Kubinec

I spent much of last week running between conference venues and side events during Solana Accelerate in New York City. Conferences tend to be announcement-heavy affairs, and Accelerate didn't disappoint, bringing major updates on Solana's core infrastructure, Solana's phone startup and tokenized equities. And as I pointed out last week, change is in the air. Competition is heating up, and formerly-hyped areas of Solana's ecosystem are starting to lose their luster.

1 week ago | mail.blockworks.com | Byron Gilliam |Kate Irwin |David Canellis |Jack Kubinec

Turns out that Congress, maybe, just maybe, will do something big on crypto this year. Admittedly, I had my doubts. Considering the circular boxing match playing out among Republicans on their tax and spending megabill, one wondered whether the political will was there to advance the GENIUS Act, which puts in place comprehensive rules around stablecoins.

2 weeks ago | blockworks.co | Jack Kubinec

I hosted Permissionless Labs CEO David Rhodus on the Lightspeed podcast this week, and he gave me an overview of Pipe Network, the company's forthcoming content delivery network (CDN) that's being built on Solana. His pitch made some intuitive sense: CDNs - which temporarily store online content on servers around the world to get closer to end-users - haven't seen much innovation in 25 years. Pipe could let content be stored even closer to users, which would make their content load faster.

2 weeks ago | mail.blockworks.com | Byron Gilliam |Jack Kubinec |Felix Jauvin |Kate Irwin

Q: Do we need a new internet? The business model that populated the world wide web with information was straightforward: create content, attract traffic, sell ads. Now, however, you can often get better, aggregated information from a large language model, which sends a bot to visit those same websites on your behalf. Soon, most traffic on the web will be bots and therefore impervious to ads (and tragically uninterested in subscribing to newsletters).