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depends on how players in the smart contract space... if there's a dominant winner, the underlying token could become a SoV but I think smart contract platforms are more like programming languages, and there's gonna be 10-15 ones that have tradeoffs among them
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Problem with this analogy are 2nd and higher order network effects of contracts interacting with other contracts and dapps with dapps that building on a single platform provides. I’m not sure that applies analogously to programming languages.
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Isn't being locked into using a product or service, one of the major, major problems of the centralized web? interoperability and data ownership and freedom to choose are going to be central tenants of the decentralized web
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Benefiting from network effects of building on a decentralized protocol is the not the same as forced lock-in. Whether interoperability will be frictionless and allow for unlocking of 2nd order effects remains to be seen. I doubt it.
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The only way that we see 10-15 smart contract platforms is if each offers a dimensional trade-off unique/large enough to poach some network effects from the others and they maintain these trade-offs as the others upgrade. That may arise early but feels unlikely over long run.
End of conversation
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