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Block Chains Will Become More Diverse Over Time
The prediction from this model is that, one they will become more distinct from each other. They're becoming more and more variegated over time. And i think, in that sense, you will find that as block chains, as these emerging little ones, grow.
First, Haseeb Qureshi was a Texas Hold’em poker player. Then Haseeb learned how to code and worked as a software engineer for Airbnb. He went down the crypto rabbithole and is now the managing partner at Dragonfly Capital, as well as an accomplished writer and coder.
He recently published an article titled Blockchains are Cities, expanding on a mental model for understanding the crypto landscape from a high level perspective. We brought Haseeb back onto the Bankless Podcast to dive into this metaphor, which explains how cities (and blockchains) scale.
We also explore the question of the decade: Will we live in a multi-chain world, or will there be “one chain to rule them all”?
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------ Topics Covered:
0:00 Intro 6:00 Haseeb and Context 11:35 Why Cities? 17:15 Limitations & Trust 23:27 Scaling Like Cities 31:15 Who’s Building Vertically? 36:27 Application Specific Chains 45:14 Building More Cities 54:23 Goals, Tradeoffs, and Winners 1:01:20 Cross-Chain Bridges 1:05:59 Cities or Nation States? 1:12:36 Security and Military 1:23:20 Individuals vs Chains 1:30:36 Closing & Disclaimers
------ Resources:
Haseeb on Twitter https://twitter.com/hosseeb?s=20 Dragonfly Capital https://www.dcp.capital/ Blockchains are Cities https://medium.com/dragonfly-research/blockchains-are-cities-564327013f86 Why Decentralization Isn’t As Important As You Think https://haseebq.com/why-decentralization-isnt-as-important-as-you-think/ I’m Worried No One Will Care About Rollups https://medium.com/dragonfly-research/im-worried-nobody-will-care-about-rollups-554bc743d4f1 The ETH2 Metropolis https://newsletter.banklesshq.com/p/defi-in-the-eth2-metropolis-haseeb
----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
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