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I think it will be different based on the economics of the two systems. On the early internet it was extremely cheap to host a webpage either on your own compu
by Sargos 7y ago
I think it will be different based on the economics of the two systems.
On the early internet it was extremely cheap to host a webpage either on your own computer or something like geocities and thus an explosion of content was created in a decentralized manner. Then the internet grew in popularity and it began to cost a lot of money to maintain all of the servers and bandwidth needed which cut off all of the smaller groups and consolidated power to a few corporations who could fund such an enterprise.
With blockchains we are also currently in the amateur stage where anyone can build something and put it out there but the difference is that dapps cost nothing to run and anyone can publish one. The cost to the developer of Uniswap is the same for 10 people and 10 million. The cost is just the development of the initial dapp. A small group of open source developers could create the new Facebook without needing millions of dollars to pay for hardware and buildings.
This low barrier to entry and maintenance removes the centralization point that corporations rely on. This is to say nothing of DAOs like Moloch and other novel funding methods that allow non-corporate projects to compete on the same level as anyone else. It's quite possible that the blockchain space will have a much longer and possibly lifelong period of true decentralized content and network creation the likes of which we had on the early non-corporate internet.
- JohnFen 7y ago> On the early internet it was extremely cheap to host a webpage either on your own It still is. You can get your website hosted for $5/mo.