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Rethinking consumer blockchains

Miscellaneous1 posts375 viewsLast activity Aug 2023
LI
LiveDuoOP
Aug 2023

Over the last few months I keep thinking that the way blockchains are communicated to the public needs changing. We seen quite a few blockchains that didn’t bring anything to the table the last few years. As a though experiment I wanted to explore blockchains from a different view, the end user view. The following is exactly that. Happy to hear any feedback about it. Introduction Blockchains are not unique in their possession of many technical specifications. In fact, most digital goods are similar. Laptops show RAM sizes, CPU models, battery capacity and hard drive space while cars show fuel consumption (MPG), horse power (HP), cubic capacity (CC) and cylinder count. These specs have specific meanings in consumer minds. More RAM means more browser tabs, more disk space means more photos or movies, more house power means better acceleration etc. Blockchains specs are currently very different. They are abstract terms, usually originating from academic articles, and are hard to understand for most users. But crypto networks are targeted at consumers too and consumer want very specific things, namely: faster , cheaper , easier and … safer . Faster A blockchain feels…

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