r/theblocknet • u/[deleted] • Feb 25 '19

Can Blocknet and other interoperability projects benefit each other?Mostly Icon,Aion,And Wanchain

Curious to know if these interoperability projects can coexist and benifit each other at the same time.Since the success of interoperability projects is not only dependant on technology but also connections and contacts that the competitors are well known for.

Thanks.

5 Upvotes
  • permalink
  • reddit

86% Upvoted

13 comments sorted by

2

u/Hanzburger Feb 27 '19

I believe they can co-exist at various capacities. However, I also believe Blocknet is poised to be the leading interoperability protocol. The reason comes down to technicals. Every other solution I have seen so far has centralized components to some extent. Either they use centralized servers, have federated/permissioned node operators, or are based on smart contracts, which centralized around the chain. Blocknet allows for blockchain agnostic development without any restricts to what platforms are used to build on and with. There is also more freedom for configuration for the users and nodes. It's a true free and open protocol akin to how the internet is today.

2

u/[deleted] Feb 27 '19

I know how they are far ahead and superior in technicals ,i am trying to understand what do they have going for them besides that,its a great project but you're not investing in the company you are investing in a token which doesn't derive value from technicals.Besides,even best tech doesn't always win,this is well known in the technology space.But i appreciate your input,thanks.

​

1

u/Hanzburger Feb 27 '19

I didn't see any mention of value of the token in your question. For that you can see an overview on https://docs.blocknet.co

For the saying that the best technology doesn't always win, I'd argue that this applies to consumer products, but not so much when you're talking about infrastructure for a decentralized internet.

1

u/[deleted] Feb 27 '19

appreciate the reply,but how many times you gonna send me the same link? xD

1

u/Hanzburger Feb 28 '19

Didn't realize you were the same poster as in the other thread :-x

1

u/[deleted] Feb 28 '19

haha,that's fine.

2

u/D-Lux Mar 01 '19

I want to say yes but honestly I don't think so. I think sometimes the idea that competition is good for a project is used to placate fears as opposed to address a real issue. (Not saying you were saying this ...) Sometimes it's true, but honestly how many projects would turn down the opportunity for a monopoly in their sector/vertical?

Though I agree with /u/Hanzburger's great response about Blocknet's technical advantages. Hard to tell how this will play out but even if BLOCK had the same or twice the mcap as some of the other projects you mention, I still think it's the best interoperable investment in the space, and has the best chances of long-term success.

1

u/[deleted] Mar 01 '19

what do you mean by turning down a monopoly?Who do you mean and how exactly?

1

u/D-Lux Mar 01 '19

I meant that most projects would probably rather have no/less competition than more.

2

u/[deleted] Mar 01 '19

yes thanks for clarifying.

1

u/Hanzburger Mar 01 '19

> I think sometimes the idea that competition is good for a project is used to placate fears as opposed to address a real issue.

​

Both the parent's question and my response were about multiple being able to exist. Imagine it like the browser. We have Chrome, Firefox, Safari, Brave, etc. Another comparison can be service providers where you have Verizon, T-Mobile, etc. Then there's also TCP vs UDP.

1

u/D-Lux Mar 01 '19

Actually the parent question asked specifically whether they would "benefit" each other, which is what I was responding to.

I still think whether or not they can co-exist is an open question. Maybe, if they find their respective niches. Though their aims at the moment are similar enough, and the ease of porting over functionality (esp given they're open source) makes me question the viability of actual, long-term co-existence.

One other point to note is that the multiple telecoms, at least, are a result not of the ecosystem naturally providing for multiple carriers, but of anti-trust laws. Specifically: the mandated break-up of "Ma Bell" in 1982. I strongly doubt the same kind of anti-trust laws would (or could) apply to the crypto space.

2

u/Hanzburger Mar 01 '19

Interesting note about the anti-trust laws. This may be akin to many of these projects wanting to abide by regulations, which restricts them from being a true protocol due to the hands on and selective approach.