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AVCWhat Will Happen In 2025
I've done a lot of these January 1st look forward posts in the 20+ years I've been blogging. I've used many different approaches. I sometimes talk big themes, like I did last year. I sometimes focus on just one thing. And sometimes I just make a bunch of predictions. I am going to do the latter approach today because I feel like it and it's so much fun. 1/ Apple and Google will leverage their existing market power to surpass OpenAI/ChatGPT in consumer AI prompts by the end of 2025. 2/ Waymo w...
AVCStartup Mortality Rates
A friend of mine stopped by the USV office the other morning and asked me about startup mortality rates. Her business sells to startups a...
AVCWhat Will Happen In 2024
As we enter 2024, the capital markets have found their footing and are moving higher. The Fed has taken interest rates as far as they want at this ti...
AVCWhat Will Happen In 2025
I've done a lot of these January 1st look forward posts in the 20+ years I've been blogging. I've used many different approaches. I sometimes talk big themes, like I did last year. I sometimes focus on just one thing. And sometimes I just make a bunch of predictions. I am going to do the latter approach today because I feel like it and it's so much fun. 1/ Apple and Google will leverage their existing market power to surpass OpenAI/ChatGPT in consumer AI prompts by the end of 2025. 2/ Waymo w...
AVCStartup Mortality Rates
A friend of mine stopped by the USV office the other morning and asked me about startup mortality rates. Her business sells to startups a...
AVCWhat Will Happen In 2024
As we enter 2024, the capital markets have found their footing and are moving higher. The Fed has taken interest rates as far as they want at this ti...
I wrote in Saturday's post that I am "chain agnostic in all things crypto."
That led to a discussion on Farcaster about whether I am truly "chain agnostic."
I've never liked the tribal nature of crypto. There are folks who prefer Bitcoin, folks who prefer Solana, folks who prefer Ethereum, folks who prefer the Base chain on top of Ethereum, and so on and so forth. I've always thought that more experimentation, more innovation, more choice, and more opportunity is a good thing.
But as to whether I am truly "chain agnostic", I have to admit that might be pushing it.
As I replied on Farcaster, "There are a ton of chains I don't believe in. But those that have meaningful developer adoption and ultimately end user adoption are all good with me."
I admit that means I am not particularly "opinionated" about what blockchains are best. I am open to the idea that there are many good choices. But I do prefer choosing one that has growing developer and user adoption.
I wrote in Saturday's post that I am "chain agnostic in all things crypto."
That led to a discussion on Farcaster about whether I am truly "chain agnostic."
I've never liked the tribal nature of crypto. There are folks who prefer Bitcoin, folks who prefer Solana, folks who prefer Ethereum, folks who prefer the Base chain on top of Ethereum, and so on and so forth. I've always thought that more experimentation, more innovation, more choice, and more opportunity is a good thing.
But as to whether I am truly "chain agnostic", I have to admit that might be pushing it.
As I replied on Farcaster, "There are a ton of chains I don't believe in. But those that have meaningful developer adoption and ultimately end user adoption are all good with me."
I admit that means I am not particularly "opinionated" about what blockchains are best. I am open to the idea that there are many good choices. But I do prefer choosing one that has growing developer and user adoption.
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7 comments
Hi Casters. The @stoic got me to be a bit introspective on the topic of crypto maxis this morning https://avc.xyz/being-chain-agnostic
fair point, maximalism is like wearing blinkers. I do believe that having a basic acceptance criteria is important though beyond developer usage. A core principle of committing to decentralization is one of those for me. Otherwise why are we all here?
Yes. Absolutely. But what we've learned is you can start with some decentralization and keep moving in that direction. So it's not easy to have a hard line on it
yes, that's what I meant by 'committing to decentralization'. For example, Solana has chosen to scale the L1 first then decentralize more later. I do believe they mean it. At some point, teams need to start showing evidence of their commitment. An example here would be for Ethereum L2s. It's simply not acceptable to be an L2 today and not launch at least on stage 1 (https://l2beat.com/scaling/summary). The tech exists to easily do it, so I'd seriously question teams that don't do it.
Thanks for sharing Fred
Great job my friend
Solid perspective to take. At the end of the day, it can be better to be opinionated than dedicated for one or another chain.