Quote from: JakeThePanda on November 19, 2014, 01:53:48 PM

Quote from: synechist on November 19, 2014, 12:37:12 PM

Quote from: delulo on November 19, 2014, 12:30:36 PM

I am not getting any wiser here...
What is the problem and how do you solve it?

The problem:
"Cryptocurrency projects share a common dream. It is of a future free of central control and the abuses of liberty it engenders... But cryptocurrencies today function as isolated islands, with separate blockchains, nodes and users. As such, our innovations have limited usage, and one projects advances cannot generate revenue in other networks. Further, this isolation saps resources if multiple projects develop solutions already created by others. While each project on its own is valuable, our combined technology and development skill is priceless."

The solution: an inter-blockchain application platform enabling each coin's features to function as services on every coin's apps.

Well, success spurs the creation of similar competing projects. If Blocknet is successful, I'm sure there will be other similar projects creating isolated islands of inter-blockchain applications.

In the finance world there are many hedge funds, so someone made an investment vehicle where one can invest in many funds under one investment called "Fund of Funds". Years later, there are many different "Fund of Funds" and we are back where we started from, the only difference is the fees we pay to invest in a "Fund of Funds" are much higher than an individual fund.

Do you follow where I'm going with this?

Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?