Nobody Knows : Steel & Blockchains
Tom Tunguz
FEBRUARY 18, 2024
Asking “What problems do blockchains solve?” Blockchain networks are a new construction material for building a better internet. 1 Venmo surged with social & mobile payments in the 2010s. is like asking “What problems does steel solve over, say, wood?” Which database did PayPal use to enable internet payments? Nobody knows.
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