🔴Blockchain Is Evolving Like the Internet
🔺The internet started its life over 30 years ago, and since then, it has been well-established all across the world. To understand the evolution of blockchain we need to take into consideration how the internet went from a rudimentary idea to one of the most powerful forces on the planet.
In crypto, we first need the crypto. With the internet, we needed the connection. In order to access or acquire this crypto, we need the exchanges to sell it to us, which is similar to the ISPs in the internet example. What is the blockchain equivalent of email addresses? Put simply, wallets. Without any place from which we can send and receive crypto, and have others receive it, we cannot use crypto.
#internet
#email
#technology
#blockchain
#dlt
🔺The internet started its life over 30 years ago, and since then, it has been well-established all across the world. To understand the evolution of blockchain we need to take into consideration how the internet went from a rudimentary idea to one of the most powerful forces on the planet.
In crypto, we first need the crypto. With the internet, we needed the connection. In order to access or acquire this crypto, we need the exchanges to sell it to us, which is similar to the ISPs in the internet example. What is the blockchain equivalent of email addresses? Put simply, wallets. Without any place from which we can send and receive crypto, and have others receive it, we cannot use crypto.
#internet
#technology
#blockchain
#dlt