polynya pfp
polynya
@polynya
Tangentially, all other value accrual mechanisms in crypto should be minimised to remain competitive with non-crypto solutions Fees, commissions, margins, and yes, tokens, all of that needs to tend towards zero Tokenless, governanceless, intermediariless, non-profit protocols are the true USP PS: only applies for valuable 3-5 usecases where strict global consensus is useful, for everything else non-crypto is simply better
12 replies
105 recasts
192 reactions

glbkst pfp
glbkst
@glbkst
there might not be many use cases but a smart contract requires no own server this can be cheaper. The global consensus is then necessary only for scaling, which might seem strange, but not all apps require high TPS. Very low for most NFTs, but still globally accessible. Different kind of scaling. So it might be the opposite, not value or any kind of "digital money" but small apps or parts of apps.
0 reply
0 recast
0 reaction