Ah I see what you mean. View below. But prolly much longer discussion, which im super interested in having.
My view is we shouldn't start from looking at blockchains, but from user/uses, core loops, and constrained parts of the loops. Tackling blockchains all at once is tough.
My view is we shouldn't start from looking at blockchains, but from user/uses, core loops, and constrained parts of the loops. Tackling blockchains all at once is tough.
Because you have to understand the takeaways from last decades of understanding core loops and defenisbility while understanding which aspects are uniquely changed by blockchains. This difficulty is compounded by us being in the transition state where most areas haven't found
their stable orbits/centralizations. I think best way to start is to look at areas where we've seen the centralizations emerge and then work our way in. This means unpacking the miners and exchanges--whcih are two clearest areas where we see how new centralizations occur.
I've been writing that part up for myself and think good exercise. From there you can move one more step into the new world by then extending that to how PoS staking or DEXs will play out. These are much more compelx because their landscapes are multidimensional.
So my real answer to you is i don't know how it'll all play out yet--but trying to do the work to undrstand the rules of physics of it so be able to start predicting the non-arbitraged tactics, core loops, etc
On specific question: ledger history so far is not directly important to core loop. It's important in that it affects trust, etc indirectly. But yeah seems fair you'd need to see projects tie it back into core loop much stronger for ledger history itself to be the key scarcity.
Anyways, sorry that went longer than I expected. Don't think twitter really is great venue for great discussions on these areas. But agree this is one of core questions. Understanding how to translate and extend our knowledge on finding core loops and value/scarcity in this area.
