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RE: Cost Curves And Network Effects

in LeoFinance2 years ago

This is really interesting, never saw it in that light.
Technically speaking, this could change the timeline for the adoption of a lot of things. How do you reckon this will affect blockchain adoption seeing there's no "cost" per se.

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Blockchain follows information technology to a great degree. The components of processors, storage, and software all factor into the pricing.

For example, the latest hard fork saw the size of the hive database compressed to about half the size. That is a big step in efficiency and storage cost for the nodes.

Tokenization introduces a new concept since there is the incentive mechanism. Think about the fact anyone can post on Hive and use the decentralized database, only having to provide RCs to operate.

That is an interesting proposition.

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