added by Tengji Zhang · updated 2y ago
Blockchains are cities
- Ethereum dominates the web3 conversation, but there are plenty of other blockchains now too.
from Introducing the 2022 State of Crypto Report by a16zcrypto.com
Jerod Morris added
- Many believe that general-purpose blockchains like Ethereum, Cardano, Avalanche, and Solana will come to power everything on the web, including financial apps, social apps, and even Amazon-like marketplaces. But there’s a show-stopping problem that’s being widely overlooked: on-chain storage.
from Web3 Will Not Be Built on Smart Contracts • DeSo (Decentralized Social) Blockchain by Deso
sari added
- All the general-purpose blockchains on the market today, including Ethereum, Cardano, Avalanche, Solana, and others are ill-equipped to handle infinite state applications such as social apps and marketplaces.
from Web3 Will Not Be Built on Smart Contracts • DeSo (Decentralized Social) Blockchain by Deso
sari added