Is it the problem of bitcoin main network that BTC main chain is
Finally, I saw someone separate blockchain from bitcoin
in fact, bitcoin and blockchain are not the same thing at all. Many people just have a chivalrous understanding
this is what a 36K article says. I think it is very objective
in bitcoin and blockchain, "network effect" is a misunderstood concept, because its internal elements are difficult to be clearly depicted. The internal factors of network effect are multi-dimensional, and not so many people can directly experience great network effect. As consumers, we are only users of this kind of network effect. We think we can understand the network effect from the outside, but it is not enough to judge whether the network effect exists
when we discuss the ecosystem of bitcoin and other cryptocurrencies, we always touch on the topic of "network effect". Many people will misunderstand this and even claim that bitcoin's network effect is the most powerful because of its liquidity and ongoing mining activities. So let's go back and see what "network effect" is
as far as I know, the summary of "network effect" by USV is the most complete:
scale: must be very large
mutual connectivity: in a network, each group or system must have interoperability (this is the basic requirement)
User Participation: at least every day (or every week), a certain percentage (30%) of users will come back for reuse
User Experience: it must be unique, original, and can create some new value when users use it
network effect: when new users are added, the service value of each original user will increase, and the value of the network itself can further increase
defensive: with the growth of the service itself, the value of new users will increase, and the entry threshold will graally strengthen
profitability: when the whole network matures and operates, one or several parts can become a sustainable economic base
What is the ecosystem of network effect In order to evaluate the network effect correctly, we need to look at the ecosystem from three dimensions:1
(2) the components of ecosystem Participants and actors However, if you want to create more network effects, You also need to consider:the number of apps and services
the number of users using apps
the total capital of the market
the number of developers
Security
the ability to scale
dependability
marketing < /p>
if you evaluate bitcoin correctly, you will find that it is still leading as cryptocurrency, its consistency is steadily improving, and the blockchain platform is graally developing. However, there are still many blind spots in its future, such as large-scale ability, and the number of daily active users is not enough. It's too early to judge the network effects of bitcoin and blockchain
don't forget:
without users, there is no network effect
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