What if blockchain was a city?

Block unicorn view 34073 2022-1-19 14:37
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Will we live in many worlds or will there be a "chain that controls everything"?It depends on the brain structure of the blockchain.

People often describe L1 blockchains as networks (e.g. Ethereum network, Solana network). This means that the blockchain can measure vulnerabilities such as the Internet, Telegram or Facebook. If a blockchain is a network, the effects in the network are strong and a blockchain wins.

But the network is a fake example of blockchain.Blockchain has physical restrictions. The blockchain cannot be measured to the final block because it requires a lot of small independent users.

A smart contract line looks like a city. Adopting this psychological model makes the energy around the L1 blockchain extremely sensitive.

Everyone loves to complain about Ethereum.

expensive, crowded, slow, old house, nothing works, no improvements. It was so expensive that only the wealthy could do business there.

Ethereum Is New York.

如果区块链是城市?

New York

Of course, it's in New York that it's happening! It has all the biggest banks, billionaires, most famous and famous people. Likewise, Ethereum has the largest DeFi protocol, the most popular TVLs, and the most popular DAOs and NFTs.

But if the price goes up and the star goes up, the price will go down. Buying faster can make you richer. But nowadays they are so expensive that there is not enough space for everyone. Billionaires may be good, but the next generation will have to look elsewhere.

So how do you expand New York?

Three ways to expand your city:

Method #1:The terrain can be limited to construction, but can be vertical. By building a higher town, you can increase the number of people in the same area.

如果区块链是城市?

However, buildings are not the complete answer, there are limits to the height of skyscrapers, and even skyscrapers cannot avoid the collision of the city below. If I live on the top floor in Manhattan and you live in another high building, if I want to visit you, I have to go to the bottom floor and call an expensive taxi and fight the Manhattan accident We remove the simple restrictions - Manhattan is congested.

L2 and Rollup are blockchain equivalents of skyscrapers. Each rollup is like a vertical blockchain connected by a terrestrial L1. There are a lot of pieces in the rollup! However, to access a collection of other people, you need to leave ethereum below and manage traffic below.

如果区块链是城市?

Increasing improvements will help bring more people to the city, but that's not the answer. If Ethereum is crowded now, it will be crowded after rollup (billionaires can be in L1 and pay). So, what is the scale of the blockchain?

Itinerary #2:Yes "Collaborative network", Polkadot, or Cosmos, Polkadot and Cosmos, provide SDKs that allow developers to create special blockchains (small blockchains per application).

In the city for example, it seems to create a connection of small towns doing the same thing. There was a mining town, many factories, then a rural village, then a village with only shops. Each of them is connected to a large part of the highway.

如果区块链是城市?

Factory Village in Xincheng

It works. Some places will be designed for this. Industrial cities and rural villages are one, but they are not the most important part of human life and industry. A few more small towns are needed to absorb the crowds.

Route #3:The ultimate way to expand your city is to know how to build another city. This was followed by Solana, Avalanche and NEAR.

When building a new city, you must first post a variety of construction projects. It looks like a duplicate. Each new town needs a different route, different police stations, schools and hospitals. Likewise, each new L1 will need another research block, another fiat ramp, a native AMM and an NFT industry. It's redundant, but all L1s need this root to boot.

But the best thing about building a new city is that it can be designed differently from city to city.

Let's take Solana as an example. Solana is from Los Angeles.. It's bigger, bigger and cheaper than Manhattan. Become a starving actor and leave LA! Ignore East Coast thinking with decentralization. Move your app to Solana, run NFT, and be done in less than 10 minutes.

如果区块链是城市?

Manhattan

Sure,Solana is the least decentralized.. But games and NFTs don't need a lot of distribution in the first place. The weather is nice, the prices are low and nobody takes them very seriously.

So what is an avalanche? I think the Avalanche is Chicago.It strives to be the next Wall Street, but newer, cheaper and tighter. It's cool there, but Avalanche's expertise in finance and economics keeps the city buoyant and confident, and it's hard not to bet on the uptrend.

如果区块链是城市?

Chicago

NEAR Yog San Francisco- Designed for web3 experts. The perfect city for those who want to realize their Ethereum 3.0 dream. From their perspective, sharding is the only long-term way forward.

如果区块链是城市?

San Francisco

The importance of this city is that it is not only big and open for business, but everyone has a different view of what the city should be and how it should be run. All cater to different trade needs, receive special benefits, and apply for different markets.

So, will we live in a more chained world, or will there be a “chain that rules everything”? It is a question of reconstruction. We will live in many cities around the world.Or will one city rule them all?

如果区块链是城市?

The answer is yes. There is a legal effect (Matthew effect) on the distribution of urban dominance, but there are many important cities and there are no similarities. However, I find this psychiatric model useful in predicting how L1 will mutate.

Here are six things this model predicts.

The future will have more channels.

Ethereum is perhaps the most important chain because it references a famous bank robber. where is the money.

Other L1s are also required, but will continue. New York, Los Angeles, Chicago, and Houston are permanent cities due to their unique homes and cultures.

L2 is important. Skyscraper technology is essential for the expansion of every city, but it doesn't stop there. L2 is "and", not "or".

The special blockchain application will remain a niche market.

In the real world, transportation accounts for almost half of housing in GDP. If you find something similar in cryptocurrency, crossing the link chain can be very valuable.

The information provided here is provided for general information and informational purposes only. The contents of this article should not be construed as imposing investment, commercial, legal or tax information. We are under no obligation to make a personal decision based on this article and we encourage you to do your own research before taking any action. While every effort has been made to ensure that all information provided here is accurate and up-to-date, omissions or errors may occur.

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