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Better Blockchains Built by Nature
Web3.0 is upon us. The world as we know it is changing, or at least that is what everyone says. People get pumped up about blockchain this, Bitcoin that, decentralized, tokenized everything…
But in-between all the excitement, an important question arises.
What is a blockchain?
You cannot be everything for everyone — the wants and desires are to diverse to co-exist (as we have seen recently with the Bitcoin Core vs Bitcoin Cash debate).
But even these seemingly divided sides had two very similar visions of the Bitcoin blockchain, both very financially focused.
What happens when you separate the economics from the underlying functionality though? Peeling back our all-important question, what is blockchain, makes the situation more (not less) confusing. Everyone has their own views. Few if any completely agree.
But there are themes: trustless, transparent, decentralized, censorship-resistant and programmable are the most common adjectives I have heard used. I think these give clues to the nature of blockchains, but are also all subject to personal views — each weighing these different attributes differently.
