Post
Topic
Board Altcoin Discussion
Re: What would the ideal cryptocurrency ecosystem be like?
by
tyz
on 01/07/2021, 12:01:09 UTC

Apart from these two platforms and parameters, do you all agree if someone leads an ecosystem related to the world of blockchain and cryptocurrencies?


I totally disagree, it's like a monopoly and very far from what blockchain technology is trying to achieve. and there is no ideal ecosystem in the crypto market because all will always be competing. there will be no leader who controls the ecosystem, all have an equal chance of being successful.

Yes, I would agree in principle with the equal competition thing.

But, in the end, a few will prevail, maybe just one or two platforms. That's what the network effect brings in the long term. You can see that well in today's Internet giants. There is only one big social media platform (Facebook), only one big search engine (Google), only one big short messaging platform (Twitter), etc.

Sooner or later, the same thing will happen in the blockchain space.