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Jeremy Allaire

@jda.eth

21 Following
1720 Followers


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“There is a massive, thriving and growing competitive and innovative community of dozens of major blockchain network ecosystems, all around the world, that are constantly improving and innovating in the fundamental technology of these networks including in data availability, compute, security, privacy, transaction throughput, and so much more.” Another deep-dive from my earlier post: I’m more bullish than I have ever been about crypto. https://x.com/jerallaire/status/1803432989113593890 One of the things that is often overlooked when most of the world looks at the world of crypto is the incredible velocity that we’re seeing new innovations in blockchain network technology. As I noted in yesterday’s post about my mental model of blockchain networks as internet operating systems, when one zooms out from where we started 10+ years ago until today, the capabilities of these networks have expanded pretty dramatically.
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1/ Deeper Dive into my Long Form Post/Cast on why I’m more bullish than I have ever been about crypto. https://x.com/jerallaire/status/1803432989113593890 “Public blockchain infrastructure has evolved into its 3rd generation, providing global scale network computers that can handle large scale applications with trusted data, transactions and compute.” My mental model for blockchain networks has always been network operating systems. This is one of the most important things to help people understand what’s happening with this new infrastructure layer on the internet. The way that most “important people” (e.g. MSM, policymakers, people running big financial institutions) filter the concept of “blockchain” is typically hyper narrow – it’s a technology for “cryptocurrency”, which is “mostly bad and useless”, and even as a technology its never been proven to be useful for anything other than constructing online casinos and proliferating scams.
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