Saved by Tengji Zhang
Blockchains are cities
1/ Blockchains are not networks—they're cities. 🏙️
This simple mental model will help you understand why the L1 wars are evolving the way they are.
New blog post + short 🧵
https://t.co/a8282BN15C
Haseeb >|<x.com
Blockchain functions have neat analogues in urban planning. Starting a blockchain network is like building a new city on undeveloped land. The city designer constructs some initial buildings and then designs a system of land grants and tax incentives for residents and developers. Property rights — ownership — play a key role, providing strong... See more