I think this all depends on the importance the user places on decentralisation. I think a well read user of cryptocurrency who understands the potential will put up with slow progress in order to be maintain a decentralised system. My fear is that we are in a lemons market and your theory that the worst projects will succeed may be true
well in a way that's true 
Topic: [2018-03-12] Why the 'Worst' Crypto Networks Will Be The Biggest (Read 143 times)
I think this all depends on the importance the user places on decentralisation. I think a well read user of cryptocurrency who understands the potential will put up with slow progress in order to be maintain a decentralised system. My fear is that we are in a lemons market and your theory that the worst projects will succeed may be true
One thing we fail to look at when we talk of blockchain networks is the part where early adopters have the most share of the tokens and also having the rules of the community in their favor. While we may talk highly of the decentralization feature of blockchain networks, I still think blockchain networks still have a long way to go with regards to being sufficiently decentralized.
Until we stop having "whales" influencing a network, then I will agree with the absolute decentralization song we sing.
Nice similarity by the way.
Until we stop having "whales" influencing a network, then I will agree with the absolute decentralization song we sing.
Nice similarity by the way.
Though crypto networks are often compared to private firms, a better analogy is to compare them to cities.
Like a city, a crypto network is a community of loosely affiliated individuals who agree on a set of rules for how they live and work - laws for cities, protocols for crypto networks.
Unlike firms, cities and crypto networks are organized from the bottom up rather than the top down.
Individual leaders matter more for firms than cities. Who the CEO of a firm is plays a major role in an investment decision, whereas who the mayor of a city is plays little role in a person's choice to move there. Many bitcoin investors can not name a single core developer, but that plays little role in the investment decision.
https://www.coindesk.com/worst-crypto-networks-will-biggest/
Like a city, a crypto network is a community of loosely affiliated individuals who agree on a set of rules for how they live and work - laws for cities, protocols for crypto networks.
Unlike firms, cities and crypto networks are organized from the bottom up rather than the top down.
Individual leaders matter more for firms than cities. Who the CEO of a firm is plays a major role in an investment decision, whereas who the mayor of a city is plays little role in a person's choice to move there. Many bitcoin investors can not name a single core developer, but that plays little role in the investment decision.
https://www.coindesk.com/worst-crypto-networks-will-biggest/
So what then are you trying to say? You know what, there is no point of comparison because cryptocurrencies, such as Bitcoin, is a class of its own. They are sui generis. In fact, they are not very well distinguished in our society to date. They are still at a hang in terms of its functionality and contribution to people across borders. Nonetheless, I see no point of where you are heading because it does not add to the body of knowledge that effectively addresses the current issue we have with cryptos vis-a-vis some governments, respectively. While I understand you want to assimilate cryptos to varying nouns to considerably relate it to the issue we have, I do not see it getting anywhere. As for me, though, the laxity of some governments over cryptos signals implied acceptance of technology.
What do the article author means by "crypto networks"?Blockchains or exchange platforms?
Big structures are more complex than the small structures,which leads to more bugs and confusion.
The future economy will be more decentralized and more "bottom up" oriented and this is something good.
I don`t wanna compare crypto commnities with cities.The blockchain will be faster and more efficient than any bureucracy.
Big structures are more complex than the small structures,which leads to more bugs and confusion.
The future economy will be more decentralized and more "bottom up" oriented and this is something good.
I don`t wanna compare crypto commnities with cities.The blockchain will be faster and more efficient than any bureucracy.
Though crypto networks are often compared to private firms, a better analogy is to compare them to cities.
Like a city, a crypto network is a community of loosely affiliated individuals who agree on a set of rules for how they live and work - laws for cities, protocols for crypto networks.
Unlike firms, cities and crypto networks are organized from the bottom up rather than the top down.
Individual leaders matter more for firms than cities. Who the CEO of a firm is plays a major role in an investment decision, whereas who the mayor of a city is plays little role in a person's choice to move there. Many bitcoin investors can not name a single core developer, but that plays little role in the investment decision.
https://www.coindesk.com/worst-crypto-networks-will-biggest/
Like a city, a crypto network is a community of loosely affiliated individuals who agree on a set of rules for how they live and work - laws for cities, protocols for crypto networks.
Unlike firms, cities and crypto networks are organized from the bottom up rather than the top down.
Individual leaders matter more for firms than cities. Who the CEO of a firm is plays a major role in an investment decision, whereas who the mayor of a city is plays little role in a person's choice to move there. Many bitcoin investors can not name a single core developer, but that plays little role in the investment decision.
https://www.coindesk.com/worst-crypto-networks-will-biggest/
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