We are seeing a growing trend of “middleware protocols” that aim to be smart contract platform agnostic.
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Crypto’s “middleware protocols” are developer geared protocols that provide services in addition to the consensus & core functions of the base layer blockchain.
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As value-add glue between base layer blockchains & end-user facing dapps, middleware protocols will make dapp creation easier + speedier.
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By dropping the “cost of development,” a broader set of devs will find dapp development accessible, making some middleware protocols the platform of choice for many.
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Many devs will end up more familiar (and loyal?) with these middleware protocols, which is why it’s interesting to see middleware teams target “smart contract platform agnosticism” either from launch, or as a long term strategy.
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It’s my hunch that we’ll see many key middleware protocols that grow to be greater in size than the underlying consensus-chains.
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Replying to @cburniske
Wow. Grow in what way, total value? Developer mindshare?
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Replying to @RyanSAdams
Certainly developer mindshare, but potentially in value. Especially if supported and used across multiple base-layer chains.
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Replying to @cburniske
How would these middleware protocols capture the value they create?
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@cburniske can you name just two middleware protocols that accrue value as usage grows?
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...bitcoin, as a payment service to replace all these pesky native payment tokens..
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