Polynya, a prominent figure in the crypto community, recently penned a viral post that shed light on the pointless and toxic competition between monolithic blockchain communities. With a critical eye, Polynya highlighted the hyperfocus on infrastructure while neglecting real-world use.
Rather than targeting any specific protocol, Polynya criticized the entire concept of competition between blockchains. The post vehemently argued that most developers should abandon monolithic blockchains entirely, citing their inefficiencies and lack of global scalability.
One of the core issues Polynya addressed was the high hardware requirements for normal users to engage with monolithic blockchains. As it stands, users must choose between verifying every transaction themselves or relying on a third party. While light or pruned nodes offer shortcuts, they reintroduce trust in third parties and potentially compromise the network’s resilience.
Beyond the technical challenges, Polynya’s post resonated because it called out the toxicity that permeates the crypto community. Social media platforms like X (formerly Twitter) have become breeding grounds for negativity, with some users more focused on shilling their bags than engaging in meaningful discussions.
While Polynya received plenty of sympathy and support, it is crucial to recognize that not all community members contribute to the toxicity. Many communities harbor individuals dedicated to genuine dialogue and progress.
Ultimately, the fundamental problem with monolithic blockchains lies in their limited accessibility. These blockchains fail to serve the original vision of Bitcoin, which aimed to provide an alternative to mainstream finance for individuals who cannot access traditional banking services. When users must rely on trusted third parties, the value proposition of removing intermediaries diminishes.
In conclusion, Polynya’s post ignited important conversations about the shortcomings of monolithic blockchains and the toxic nature of the crypto community. By delving deeper into these issues, we can work towards building a more inclusive and productive blockchain ecosystem.
What are monolithic blockchains?
Monolithic blockchains refer to blockchain networks that operate as single, indivisible units. They often require high hardware overhead and offer limited scalability.
What are the drawbacks of monolithic blockchains?
The main drawbacks of monolithic blockchains include high hardware requirements for users, reliance on trusted third parties, and limited accessibility for individuals without traditional banking services.
Why is toxicity a problem in the crypto community?
Toxicity in the crypto community hinders meaningful discussions and progress. It creates an atmosphere of negativity and self-interest, sidelining the original goals of decentralization and empowerment.