bradjpn on nostr

Public blockchains are by definition open-source, right? Meaning that all their tech is in plain view for anyone to see and copy (fork)?

So is it fair to say that no public blockchain can win on tech supremacy alone? It has to be adopted by a significant number of persistently loyal people (nodes)?

In other words, for public blockchains, tech is no moat; decentralization is the only moat?

Mark · 140w

Yes it’s true that true that public blockchains are often open-source but public blockchains can still differentiate themselves based on their technological advancements, features, performance, security, scalability, etc…. While the open-source nature allows for transparency and collaboration, i...

Justin_Tokyo · 140w

Network effect comes into effect.

Tsubasa Kato · 139w

I think it’s also in the team who’s building it, as even if it forks and has a mediocre team it probably won’t get accepted as much as the original. Also having a great team will evolve the project to a better project.