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A sense of autonomy has a powerful effect on individual performance and attitude. According to a cluster of recent behavioral science studies, autonomous motivation promotes greater conceptual understanding, better grades, enhanced persistence at school and in sporting activities, higher productivity, less burnout, and greater levels of psychologic... See more

Platforms1, on the other hand, create network effects when they aren’t interoperable. Ethereum has a community of developers building tools, which attracts more developers and users. Competing blockchains must convince developers to switch and rewrite years’ worth of software. Because the value isn’t transferrable, Ethereum has a strong moat. These... See more

The practical consequence of solving this problem is that Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user, such that the transfer is guaranteed to be safe and secure, everyone knows that the transfer has taken place, and nobody can challenge the legitimacy of ... See more

First, the basic motivation for interaction differs between communities and collectives. In a community, the general motive for participation is