Josh Stark
@js
the worst conventional wisdom in crypto is: "blockchains will fade into the background and people won't care which one they are using" (Exhibit A: there were 6 NFT Marketplaces on Terra chain)
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Josh Stark
@js
That scenario is a *failure* mode for blockchain adoption: (1) Because "creating a blockchain" is permissionless, the set of all blockchains will always have widely varying security properties (2) If people can't distinguish between them, they cannot make good choices
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sisun
@sisun
Strongly disagree. No average consumer understands nor cares for the tech stack (i.e. how it works beneath the hood) of their daily used products
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Josh Stark
@js
I think the implicit error there is drawing an arbitrary line around what counts as "tech" in that sentence. Forget the word "tech" - average people absolutely do care, and know a lot about, the fundamentals of the critical infrastructure they rely upon.
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Josh Stark
@js
- Do people know which bank they keep their money at? - Do people know the character of the lawyer they use? - Do people know what fuel their vehicle uses? - Do people know the materials their house is built with? - Do businesses know which jurisdictions they own assets in?
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sisun
@sisun
good point clarifying the definition of "tech stack". i suppose avg consumer may not need to understand "how" diff chains work to be able to "distinguish" and "choose" between them
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