Author: Christian Darnton

Christian Darnton is the Founder of Darntons. Christian invests within public markets, specifically innovative companies and equities. He is also the host of Darntons Podcast on Spotify & YouTube, and hosts the Darntons Show on YouTube weekly.

What was the protocol war?Why the protocol wars have significance over current WEB3 projects.Thesis of winner-takes-all protocol. What was the protocol war? Long running computer science debate known as the Protocol Wars, occurring in 1970s to the 1990s. Engineers, organisations and nations become polarised over the issue of which communication protocol would result in the best and most robust computer networks. This culminated in the Internet-OSI standards war, which was ultimately won by the Internet by the mid-1990s, and other protocols as a result disappeared. The DoD developed and tested TCP/IP during the 70s in collaboration with universities and researchers…

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Proof-Of-Work overview:Proof-Of-Stake overview:Proof-Of-Stake analysis.Proof-Of-Work analysis: Proof-Of-Work Overview: PoW is the original consensus mechanism in a blockchain network, where users send digital tokens to each other, verifies the transactions, and creates new blocks to the chain. Within PoW, all miners or validators participate to validate and confirm the transaction to get rewarded. All verified transactions in the network are collected into blocks and arranged accordingly. This works through: Miners or validators perform complex mathematical tasks to find digital coins. Successfully verified transactions are the stored within the new block, and thus create a new group of blocks in the blockchain. There…

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Properties of WEB 2.0 & 3.0:How does WEB 3.0 function?What are some use cases of WEB 3.0?The Main Principles Of The Blockchain: 4 Principles. Properties of WEB 2.0 & WEB 3.0: WEB3.0 if the internet of value. WEB2.0 is the internet of information. WEB2.0 is the current, & dominant technological system society has in place – seen through Twitter, Facebook, & all other applications. The properties of WEB2.0 are as follows: Central authority & control.No true digital asset ownership. This is seen evidently through Twitter & social media outlets. Twitter has a set of employees at the top of the…

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How the blockchain will change the gaming industry. The blockchain will change the gaming industry, in a similar manner to the Internet & gaming revolution. The Internet helped interconnect gamers. The blockchain will be similar, not just interconnection, but also in changing the business model for games – aligning gamers and the developers. How the blockchain will change the gaming industry. This is done in 4 ways: Gamers can really own the assets in their games. Gamers spend $150B a year, the majority of revenue is purchasing goods inside of games. However, gamers do not really own these goods.Blockchain enable…

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The 5 benefits of using a blockchain for business:How industries can benefit from blockchain: The 5 benefits of using a blockchain for business: Enhanced security Your data is sensitive and crucial, and blockchain can significantly change how your critical information is viewed. By creating a record that can’t be altered and is encrypted end-to-end, blockchain helps prevent fraud and unauthorized activity. Privacy issues can also be addressed on blockchain by anonymizing personal data and using permissions to prevent access. Information is stored across a network of computers rather than a single server, making it difficult for hackers to view data.…

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Overview of labour force:Labour force participation rate:What causes changes in unemployment in the short run?Natural unemployment and potential real GDP:Productivity shifts and the natural rate of unemployment:Public policy implications on natural rate of unemployment: Overview of labour force: To be classified as unemployed, a person must be without a job, currently able to work, and actively looking for work in the previous four weeks. A person who doesn’t have a job, not currently able to work or has not looked for work in the past four weeks is counted as out of the labour force. Employed: currently working for payUnemployed:…

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What is tapering?Quantitative easing explained:Debates regarding quantitative easing: What is tapering? Tapering is the step taken by the FED to normalise monetary policy from the highly simulative policy. Tapering refers to policies that modify traditional central bank activities. Tapering efforts are aimed at interest rates, and controlling investor perceptions of the future direction of the interest rates. Tapering efforts may include changing the discount rate or reserve requirements. What is quantitative easing? Quantitative easing is a form of unconventional monetary policies, in which a central bank purchases longer term securities in order to increase the money supply and encourage lending…

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Macroeconomic overview:Government role within macroeconomy:GDP measured by components of demand:Trade balance:GDP overview:Limitations of GDP as a measure of the standard of living: Macroeconomic overview: Macroeconomics focuses on the economy as a while, or on the whole economies as they interact. Macroeconomics involves adding up all the economic activity of all households and all businesses in all markets to get the overall supply and demand in the economy. Thinking about the overall health of the macroeconomy, it is useful to consider three primary goals: economic growth, low unemployment, and low inflation. Economic growth determines the standard of living within a nation.…

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Keynes’ Law:Aggregate demand:Aggregate supply:Shifts in aggregate supply:Shifts in aggregate demand: Macroeconomists argue and are often split into two groups: those that argue supply is the most important determinant of the size of the macroeconomy, whilst demand just tags along. And those who argue that demand is the most important factor in the size of the macroeconomy, while supply just tags along. Keynes’ Law: Keynes’ Law is: demand creates its own supply. Argued that the economy often produces less than its full potential, not because it was technically impossible to produce more with the existing workers and machines, but because a…

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Economic growth overview:Rule of law and economic growth:Labour productivity:Sources of economic growth: aggregate production function.The new economy controversy:The power of sustained economic growth:Factors of US economic growth:Economic convergence: Economic growth overview: In the last two centuries, there has been a period of modern economic growth. Rapid and sustained economic growth is relatively recent experience for the human race. The Industrial Revolution refers to the widespread use of power-driven machines and the ability to perform tasks that therefore would have taken a vast number of workers to do. Industrial Revolution began in Great Britain, and soon spread for the US, Germany,…

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