The Original Blockchain Design is maturing, diversifying and forking - a new landscape is emerging

in #blockchain7 years ago

The Original Blockchain Design is maturing, diversifying and forking into a plethora of platforms, tools, protocols, consensus models etc. Very evolutionary but also very fast.

This means that "blockchain" no longer is a singular thing but a word we use to describe the emergence of this next layer of the internet, the next protocol. It's the beginning of a new business cycle, exactly as the "dot.com" business cycle that kicked off 25 years ago. A phase shift.

Its technology base - the ever growing Blockchain Software Stack - allows for creation of Autonomous Systems which is an emergent property of this genius design. Bitcoin is the base-line example of such an Autonomous System, but only a fraction of what lies ahead.

It's a fact that the protocol absorbs Trust, Transfer and Settlement - and as this trinity is entangled in virtually anything we do it is logical that Blockchain will become a central backbone.

It is a paradigm shift - same as when HTML allowed for the web to be born i the 90´s and created gazillions in new value. In a phase shift you take a step up the value chain creating a new playing field and new style of game. This has happened before, now it happens again. It is observable for anyone. History rhymes.

Just look at this landscape.crypto landscape.png

Coin Marketplace

STEEM 0.21
TRX 0.25
JST 0.038
BTC 96498.09
ETH 3358.85
USDT 1.00
SBD 3.08