4min chapter

Means of Creation cover image

Li Jin on the journey behind Variant’s new $110M fund to back the ownership economy

Means of Creation

CHAPTER

Is There a Need for Block Chains?

Etherm is a decentralised, peer-to-peer network based on the block chain. It's designed to be interoperable between different types of software and services. This means that it has more staying power than other systems such as Facebook or Twitter. The 'narrative network effect' which makes users care about what they're using can also have long term benefits for developers who want to make their products better.

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