limited by the dynamic headroom of the initial innovation.
i do agree with this. however it is much more normal for genuis inventions to be ruined by lack of adoption, maintenance, and improvement than it is for inventions to be limited by technological factors they did not originally take into consideration.
in fact often it is the improvements that raise the ceiling beyond what the original invention had.
in a specific case there are examples - but the majority of failures rest on those three things IMO
The headroom is not knowable in advance. TFM frequently contradicts himself on this. He ignores the true wisdom of the bazaar.
robinwilliams, the Taleb distribution argues that the long-tails are more valuable. The internet was a long-tail. AOL and other networks were refined but the internet was zillions times more valuable in the end.
smooth, you missed my point which is that headroom is limited by the initial design decisions that can no longer be discarded. Whether it is estimable or not is irrelevant to my point about declining headroom each time a design decision is
ratified and locked in stone due to political forces.
I have never stated I didn't want XMR to improve and even been actively trying to help it happen! What I called BS on, is this delusion about reality.
i feel the entire cryptocurrency world is majorly screwed and nobody is for sure what will work because it's unprecedented (except for tulip bulbs & beenie babies). So sometimes we reference technology & sometimes we reference currencies and just pull stuff out of our ass that sounds good to us at the time.
but none of us really have a fucking clue (or that's what i feel like sometimes)
From my perspective based on what I know (some has been shared publicly and some not), we might be screwed because we are moving too slow towards the major paradigm shifts needed.
For example, no one has solved the mining centralization dilemma yet.
And more importantly, the fiat world is rapidly moving to offer the 7 billion electronic payments, thus our potential market is being pulled from us.