#106 - Web3 Perspectives: The Blockchain Multiverse: The Future of Public and Private Networks
Jan 30, 2024
Explore the migration to Layer 2 and Appchains, the role of private networks in regulated sectors, and the consolidation of base layer networks. Discover the future prospects of blockchain networks and the competitive dynamics in transitioning to layer two networks like Polkadot and Ethereum.
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insights INSIGHT
Multichain Future With Purpose-Driven Networks
The future is multi-chain with a handful of permissionless public networks capturing most activity.
Private and permissioned networks will persist because participant needs determine the appropriate network model.
volunteer_activism ADVICE
Pick Networks By Counterparty And Regulation
Choose network type based on who you need to transact with and regulatory constraints.
Use private permissioned networks for regulated counter-parties and permissionless networks for global open access.
insights INSIGHT
Appchains And L2s Anchor To Major Base Layers
Many networks will be layer 2, layer 3, or app chains secured by a handful of base layer chains.
Securing on major public networks lets chains benefit from their security without bootstrapping full base-layer overheads.
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In this episode of Web3 Innovators Perspectives, dive into the intricate world of blockchain with our exploration of "The Blockchain Multiverse: The Future of Public and Private Networks." Uncover the evolving landscape of permissioned and permissionless networks, the significance of private networks in regulated industries, and the exciting prospects of the multi-chain future.
Key Highlights:
Migration Dynamics: Delve into the ongoing migration to Layer 2 and Appchains and understand the implications for the future of blockchain networks.
Network Diversity: Explore the role of private networks, especially in heavily regulated sectors, and gain insights into the nuanced needs of network participants.
Consolidation and Growth: Learn about the consolidation of base layer networks and the emerging landscape of layer 2 networks, with a focus on the growing momentum in this dynamic sector.
As we witness the convergence of innovation and infrastructure in the blockchain space, this episode sheds light on the trends shaping the industry. From the nuanced role of private networks to the consolidation of base layers, join us in unraveling the layers of "The Blockchain Multiverse" and stay tuned for the dynamic developments ahead.
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