The 3 Paths to #blockchain User Adoption
▻https://hackernoon.com/the-3-paths-to-blockchain-user-adoption-11131be5297f?source=rss----3a814
Vitalik Buterin flashed a slide at his #deconomy talk that describes current user adoption of blockchain. Today, crypto is beneficial enough to adopt for “speculation and silk road” but requires a shift along the curve to have a more meaningful impact on the world (e.g. bank the unbanked).In order to move along the curve, we need to reduce inefficiencies in blockchain compared to non-blockchain technologies. As he says, “with efficiency losses this high, only applications that really needed one or more of these properties will be willing to use public blockchains.”In other words, you could expect the adoption of blockchain technology to look something like this:This is the first way to interpret this curve. Incremental improvements to the technology enable blockchain to serve more people. (...)
#vitalik-buterin #blockchain-adoption #blockchain-user-adoption