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crab notes 🦀 lobsterdao crab notes 🦀 lobsterdao @crab_notes · 8.04K subscribers
Post #610 3.26K
​​Professor coins strike again 🤓

NKN, IOTA, Avalanche, Perlin... who was first?

-> Apparently, IOTA is just going to do DPOS Avalanche: twitter.com/ercwl/status/1133724442658562050
-> Which is very similar to what NKN is trying: twitter.com/NKN_ORG/status/1134156239380787200
-> Which is in fact has been a battle of perlin for a long time: https://t.me/cryptocodereviews/53336
-> Which is what tried to be debated by Near Protocol: https://medium.com/@itsnear/what-avalanche-paper-is-not-c047cf512c16
-> To which CTO of Perlin replied to as switching to just Snowball: https://twitter.com/Dranithix/status/1132388693694509056

A bunch of fugazi words, right? But you know what? No one gives a fuck about your new consensus.

Deal with it. Blockchain is a piece of old technology, no need to make 100 consensus layers. Surely, academic papers are important, but it's mostly how techies like to measure their pipi's. What matters is success determined by users and the value you bring them. Having the best paper and being the first paper is not a secret sauce. Another project will take your tech and then implement it in 1 day, retaining full network effects.

Which is why I don't believe in ETH killers and some new Layer 1's. That just doesn't cut it. Crypto is no longer about that research, there is too much noise. Crypto is now a startup business, where you have to work on community retention, product marketing, and build something users need - and not only what your dev friends like to code.

Will try to make a new article on Token as a Product in the coming week.
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