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RE: The Future of the Steem Blockchain w/ Andrarchy
Greetings, @kenmelendez.
I think I have to watch this and previous videos a couple of times. Some concepts still too abstract for me, even though I have to recognize that @andrarchy did a wonderful job explaining and restating the key concepts.
It's funny that he talks about long-term when he means a year or two. Time is definitely relative in the blockchain. I am glad though that solution to current issues can be provided in that period of time.
Looking forward to your other interviews. Great list. Hope you get them all
Haha that's a great point! I think when you're dealing with new technologies you really don't want to be thinking much farther ahead than a couple of years because the reality is that most new technologies die. It's basically an extension of the Lindy Effect. Something is only likely to survive as long as it has been alive. So if you've been around for 3 years, it makes sense to look 3 years ahead. I think a lot of projects in the space are making the mistake of thinking 10 years into the future when they haven't even launched a mainnet yet. And then people are surprised when most blockchain projects fail. Of course, everyone on the team thinks about where we'll be 10 years from now, but we can't let that influence our short term decision-making too much.
This is fascinating. Thanks for the follow up.