Seems what you refers to here is the "Last mover advantage"
Coming after allows to study others, identify what they do well and what can be improved and eventually come up with a higher value proposition.
When it comes to Bitcoin and other Blockchains, the first mover advantage still prevails for now:
- Awareness and recognition is stronger;
- Older is a blockchain, safer it is;
- It often takes a lot of time for developers to master one blockchain, switching is significantly difficult.
- For ETH, building on it is easier, gives access to a large network and to a lot of alts for swaps. It isn't the case with newer networks.
- For Bitcoin, it became a symbol and has been categorized as ultimate "store of value" making it a particular use case in front of its intended utility.
It is possible that progressively we see the rise of other networks as alternatives to build on.
But it isn't instant and require for these blockchains to keep growing further meanwhile.
We are still at the premises of the industry, a lot of opportunities remain, eventually
Isn't it exiting?
Coming after allows to study others, identify what they do well and what can be improved and eventually come up with a higher value proposition.
When it comes to Bitcoin and other Blockchains, the first mover advantage still prevails for now:
- Awareness and recognition is stronger;
- Older is a blockchain, safer it is;
- It often takes a lot of time for developers to master one blockchain, switching is significantly difficult.
- For ETH, building on it is easier, gives access to a large network and to a lot of alts for swaps. It isn't the case with newer networks.
- For Bitcoin, it became a symbol and has been categorized as ultimate "store of value" making it a particular use case in front of its intended utility.
It is possible that progressively we see the rise of other networks as alternatives to build on.
But it isn't instant and require for these blockchains to keep growing further meanwhile.
We are still at the premises of the industry, a lot of opportunities remain, eventually
Isn't it exiting?
One merit for the last paragraph....
Oh sorry I have only one...
but yeah.... we are still at the premises of the industry....
Theres Something to always look forward tp
my mum didnt plan me yet)