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It's not still the early days

blog.mollywhite.net · 807 words · saved by 1 readers

When I speak about the inefficiency of popular blockchains, or mention that we seem to be hurtling towards a “web3” so centralized it challenges big tech’s firm grasp on today’s web, or point out that somehow no one has managed to find a positive use for blockchains that wouldn’t be better served by blockchainless technologies, I often hear “it’s the early days”. “Give it a chance”. “People are still figuring all this blockchain stuff out, ironing out the kinks”. Bitcoin, currently one of the best-known and most-used blockchains, began to be used in 2009. Ethereum, another well-known and popular blockchain, launched in 2015. In the grand scheme of things, 2009 and 2015 were not that long ago. In the technology world, that was a lifetime ago. In 2009, smartphones without physical keyboards were starting to become more popular. We still aggregated our favorite blogs to read on Google Reader, but people had started posting their thoughts on this weird new website called “Twitter”. Venture

It's not still the early days Molly White It's not still the early days by Molly White on Friday, January 14, 2022 ← Back to the collection When I speak about the inefficiency of popular blockchains, or mention that we seem to be hurtling towards a “web3” so centralized it challenges big tech’s firm grasp on today’s web, or point out that somehow no one has managed to find a positive use for blockchains that wouldn’t be better served by blockchainless technologies, I often hear “it’s the early days”. “Give it a chance”. “People are still figuring all this blockchain stuff out, ironing out the

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