How Long Does Blockchain Technology Stay "Early"?

When we talk about the downsides of using blockchain technology, when we say that we seem to be competing with basic "web3", I suggest: With a solid understanding of the web, today I often say: " Blockchain technology is still in its infancy. Give me some time. Users and developers can still use it to remove all the lights. "We're going to keep all this blockchain stuff. First of all."

One of the most well-known and widely used blockchain applications today, Bitcoin was launched in 2009. Another well-known and popular blockchain, Ethereum, was launched in 2015. Overall, 2009 and 2015 are not are not too far. But in technology, that's life.

In 2009, smartphones without a physical keyboard became popular. We can still write and read our favorite blogs on Google Reader, but people are starting to post their thoughts on this new site called "Twitter". VentureBeat recently published an article urging people not to believe the "hype" of all electric vehicles, writing that Tesla was "in trouble" after hiring Elon Musk as CEO. Uber has grown and we are talking more and more about the concept of “sharing business”. At that time, Intel Core processors were released starting with i3 and i5. Most user-level desktop computers have 4GB or 8GB of RAM. Above all, in the field of software, Go has not yet been extended, but has been made public. jQuery is emerging and will reach near universal levels in the next few years. Node.js was first released. Behind the horrors of Windows Vista, Windows 7 is the most popular product.

In 2015, Windows 10 was released, after Microsoft Edge, replacing Internet Explorer. Discord and Apple Music appear. Businesses are beginning to pay more and more attention to virtual machines. The first Apple Watch has been released. In the United States, people have started paying for items with their cell phones because some regions have started accepting Apple Pay (hahaha, WeChat Pay, Alipay laughs, etc.). This phone also has a headphone jack. On the software side, machine learning is a buzzword (though not a new concept), and the early release of TensorFlow has been released. ES6 is out, which makes us very happy for our (mostly) JavaScript audience, and TypeScript recently entered the competition. React has become popular and is starting to change Angular.

Again, a lot has changed in the tech world over the last 6-12 years. Given that ideas that couldn't be realized quickly with further performance increases, just look at Moore's Law to see how this is implemented in the tech world.zis. However, we would like to believe that around this time blockchain technology has come into being, growing rapidly.

You could say, "Blockchain has been around for a while, but the Web3 concept is very new!" I think that's not true! Cryptocurrency exchanges have been around since the launch of Mt.Gox in 2010. Stablecoins have been around since 2014. One of the first well-known DAOs (Decentralized Autonomous Organizations) was formed in 2016. Smart contracts became popular in 2017 , followed by the financial division of the industry. NFT is also a dangerous example of innovation in the last 2-3 years (by 2018), which shows that the more people in this field try to innovate, the worse it gets. And guess what Neha Narula and Alexis Ohanian said about cryptocurrency and blockchain technology in 2018. "It's still in the early stages of blockchain technology," they said.

So that raises a question. How long is "early"? How long should we wait for someone to come up with blockchain technology, rather than trying to be transparent and recover from the technology in a way? How much would it take to prove its sending into the air pending the "early" release of proof of concept blockchains? How many people have to lie when they say tech pros started thinking about building defenses on their platform? Just as a smart contract itself requires the ability to self-examine, how long will a hobbyist last for a blockchain project that promises to last while a wealthy person is scammed?

"It is too early!" proving that this is starting to look like a dangerous attack by those pouring too much money into the pyramid scheme. Hope they catch a few more boobies and bring in some cash before all the plans go down.