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Speed up implies automation of “execution” — a single human takes a decision, you can speed up everything after that, they’re delighted. But when a technology is mostly about multiple humans coordinating, that’s… not as valuable.
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If your NFT never sells, does it matter that it took seconds rather than minutes to mint? It’s literally nonfungible so mass production logic fails. There’s no factory to speed up. It’s a market of 1 thing. For eg, there’s no high-frequency trading market in diamonds afaik.
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There’s the usual high speed trading in the big exchanges, but low/zero liquidity DeFi sites feel like Arab tribes meeting at an oasis or something. Or corner sidewalk trade. Markets are made faster but operate slower. Limited by liquidity, not transaction speed.
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While discords and telegrams (Web2 staging areas?) can be manic, actual Web3 sites have a cozyweb/waldenpondy/backwater feel to them. Everybody is an address, there’s generally no native messaging, no dopamine loops. The speed needs tend to be outsourced (backsourced?) to Web2.
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So much relies on looking up and bs ktracking things through block explorers. That’s like reading ledgers. Limited by the speed of mental arithmetic and logic. Better UIs will emerge but it’s still accounting thinking not meme thinking. System-2 slow.
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Hmm. Trusted third parties are really the enabler of all the speed and convenience the industrial stack delivers. There’s vast chains of delegation riding the warp and woof of economies of scale and scope.
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Replying to and
It’s funny watching you get into this and not take Moxie’s article seriously. The thing that’s going to have to change is “personal server” has to become middle class. PlebNet, Bitcoin node culture is the under appreciated thing right now. iPhone(-like) pocket node? Pump it.
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I think that's genuinely not important. I'm fine with large mining cartels running all the bitcoin nodes and even running 51% attack risks at global scale. I'm not a decentralization ideologue or libertarian. People who want to run nodes/servers should be able to, that's it.
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