{"id":162576,"date":"2021-01-25T20:12:24","date_gmt":"2021-01-25T17:12:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/its-time-to-put-the-dukes-down-and-work-together-for-blockchains-future\/"},"modified":"2021-01-25T20:12:24","modified_gmt":"2021-01-25T17:12:24","slug":"its-time-to-put-the-dukes-down-and-work-together-for-blockchains-future","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/its-time-to-put-the-dukes-down-and-work-together-for-blockchains-future\/","title":{"rendered":"# It\u2019s time to put the dukes down and work together for blockchain\u2019s future"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2724a222322\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2724a222322\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-put-the-dukes-down-and-work-together-for-blockchains-future\/#Tribalism_runs_deep\" >Tribalism runs deep<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/its-time-to-put-the-dukes-down-and-work-together-for-blockchains-future\/#A_bigger_tastier_digital_pie\" >A bigger, tastier, digital pie<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong># It\u2019s time to put the dukes down and work together for blockchain\u2019s future <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNjBhYTFkNDAtYmUwNy00ODU2LWE4ZWItZmFkNWU5ZTY3MGIyLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Humans over the centuries found themselves quarreling with each other over everything from food to land to ideology, only to later find themselves at peace and cooperating. Later, once more, they\u2019d return to draw arms. Great schisms between Catholicism and Eastern Orthodox Christianity later repeated with the Protestant\u2013Catholic wars of the 17th century, until peace finally settled upon the parties centuries after they\u2019d begun.<\/p>\n<p>Fast forward 400 years, and it\u2019s clear that <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> has done nothing to curb our tribal instincts. If anything, the rise of blockchain has magnified these instincts in a destructive way. Tribalism impedes blockchain from maximizing its limitless potential, yet the \u201cyour coin vs. my coin\u201d attitude reigns supreme, including among industry leaders. At the same time, our ability to navigate choppy waters and ride the tide of mass adoption rests on our willingness to work together despite our base tendencies for tribal behavior.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Tribalism_runs_deep\"><\/span>Tribalism runs deep<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue runs deeper than economic and political guiding principles, though. Many cryptocurrencies develop loyal followings and become tribal in nature, taking up ambivalent if not blatantly hostile attitudes toward other coins. <\/p>\n<p>One can easily find barbs in the cryptoverse, on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> or on Reddit, where users troll other coins with taunts like \u201cshitcoin.\u201d This toxic brand of tribalism also trickles down to blockchain developers, who may discard superior technologies just because they belong to a different camp. Obviously, this is detrimental to the progress of blockchain <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lications as a whole.<\/p>\n<p>This tribalism could potentially scare newcomers and talented developers away and stunt its growth and development. As such, this immature feud of superiority complexes that\u2019s led to toxic tribalism within the blockchain community must be put to an end for the sake of all parties that, in the end, share the same ultimate goal of propelling blockchain into the mainstream.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_bigger_tastier_digital_pie\"><\/span>A bigger, tastier, digital pie<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Many of us recall the witty Wendy&#8217;s jabs at its competitors and other users on Twitter from the last decade. But we can hardly imagine the big guns openly calling each other\u2019s products \u201cs&#8212;\u201d or coining other crass monikers of their products on Twitter in the same way crypto users have trashed competing digital currencies. <\/p>\n<p>But there is a bright side and a way forward.<\/p>\n<p>For starters, the existence of fierce competition and intense passion for products reveals there is a vibrant market to begin with. Almost every venture capital presentation includes a slide about one\u2019s competitors. Furthermore, even though blockchain projects may compete with one another for users, developer mindshare and community, there is an overarching need for collaboration in expanding blockchain\u2019s reach. Currently, only a fraction of the population has any exposure to the blockchain space, and uniting to bridge the gaps for newcomers should take priority over petty internal contests.<\/p>\n<p>There\u2019s an understanding among businesses that competition is healthy and \u201cmay the best man win\u201d and not \u201cmay the best man win and take shots at the competitor with slander or libel.\u201d This understanding is precisely what would benefit the crypto and blockchain worlds: healthy competition without the snobbery that exists today.<\/p>\n<p>Indeed, many in the blockchain space are seeking to turn the corner and find a new path. With interoperability on the cusp of becoming reality, many developers are uniting to cooperate on bridging between chains. The results of such technical progress are monumental, signifying a palpable unity among developers to see through the success of the underlying engine for blockchain.<\/p>\n<p>The interconnectedness of chains, at both a technical and ideological level, leverages <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.thegeniusworks.com\/2020\/02\/metcalfes-law-explains-how-the-value-of-networks-grow-exponentially-there-are-5-types-of-network-effects\/#:~:text=%E2%80%9CMetcalfe's%20Law%E2%80%9D%20says%20that%20a,10%C3%9710%3D100).\">Metcalfe\u2019s Law<\/a> to spur growth for all. Metcalfe\u2019s Law states that the value or utility of a network is proportional to the square of the number of nodes it has connected. Connecting chains and ecosystems together exponentially accelerates Metcalfe\u2019s Law at work. These kinds of healthy competitions are what\u2019s necessary to advance the cause of decentralized finance \u2014 less protectionism, more fraternity. Polkadot and Cosmos are thriving decentralized communities and are examples of what mature cooperation can bring forth inside DeFi.<\/p>\n<p>The blockchain dream may have a long way to go before blossoming into the fruitful ecosystem pioneers dreamed of it becoming. It is true that a house divided against itself cannot stand, and the case could not be more evident in the world of blockchain. It\u2019s time for developers and crypto enthusiasts to put their dukes down and work together.<\/p>\n<p class=\"post-content__disclaimer\"><em>The views, thoughts and opinions expressed here are the author\u2019s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.<\/em><\/p>\n<div>\n<div style=\"background: rgb(239, 239, 239); border: 1px solid rgb(204, 204, 204); padding: 10px;\"><strong>Beni Hakak<\/strong> is the CEO and co-founder of LiquidApps. He was formerly the director of operations at Bancor and a strategic consultant manager at Ernst &amp; Young. Prior to that, Beni had served in an elite technology unit of the Israeli Defense Forces and graduated from Israel\u2019s top technology institute, Technion, in industrial engineering and management. Beni discovered blockchain technology four years ago and has been creating, advising and working for companies in the space ever since.<\/div>\n<\/div>\n<p><template data-name=\"subscription_form\" data-type=\"consulting_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/it-s-time-to-put-the-dukes-down-and-work-together-for-blockchain-s-future\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# It\u2019s time to put the dukes down and work together for blockchain\u2019s future &#8221; Humans over the centuries found themselves quarreling with each other over everything from food to land to ideology, only to later find themselves at peace and cooperating. Later, once more, they\u2019d return to draw arms. Great schisms between Catholicism and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":162577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvNjBhYTFkNDAtYmUwNy00ODU2LWE4ZWItZmFkNWU5ZTY3MGIyLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74894,74863,117,7058,4965],"class_list":["post-162576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-blockchain","tag-cryptocurrencies","tag-business","tag-community","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/162576","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=162576"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/162576\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/162577"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=162576"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=162576"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=162576"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}