?? Day 99: Read Write Own Part 2 - Protocol vs Corporate & The Intriguing Casino vs The Computer Culture in Crypto ?????

Hello, LinkedIn family! We're almost at the finish line of our 100 days blockchain journey. Today, we delve deeper into the second part of Chris Dixon's thought-provoking book "Read Write Own".?? Let's unravel the fascinating world of networks and crypto cultures!

Networks: The Bustling Digital City Square vs The Exclusive Gated Communities ?????

In the vast digital landscape, networks are the highways that connect every corner. However, they're not all the same. There are two main classifications - protocol networks and corporate networks, each with unique characteristics.

Protocol networks, such as email and the web, operate like a bustling city square. They're open, egalitarian, and democratic. These networks encourage interaction, collaboration, and free exchange of ideas, much like a lively marketplace or a vibrant creative hub. There's no central authority gatekeeping what can and cannot be done. Anyone with an internet connection can send emails, create webpages, or even develop an innovative app! This is the essence of a democratic digital space.??

In stark contrast, corporate networks are like exclusive gated communities. They're proprietary, owned and controlled by corporations, and access is restricted. Think of how Facebook or LinkedIn operates - you need permission to join, there are rules about what content is acceptable, and importantly, the way data is used and shared is dictated by the corporations. While these networks offer advanced services in a controlled environment, they also limit the possibilities of free, unregulated innovation.??

Understanding the differences between these network designs is crucial. It's like comprehending the DNA of our digital existence and how it shapes the evolution of the internet.??

The Creative Tax and How it Stifles Innovation: Looking at Apple App Store & Facebook ????

Here's a jaw-dropping fact - corporate networks can be creativity dampeners. Case in point: the Apple App Store. This corporate network levies up to a whopping 30% in fees on app developers, a significant cut from their revenues! This high "creative tax" could potentially discourage small developers from creating groundbreaking apps.

Furthermore, consider how social media platforms like Facebook have monetized user-generated content. Every picture you post, every status you update, and every interaction contributes to Facebook's content wealth, and you bear the cost. The platform essentially gets an almost free, continuous stream of content to keep its users engaged. Such practices not only extract value from creators but also stifle innovation and creativity.??

Casino vs Computer: The Tale of Two Crypto Cultures ????

Venturing into the realm of blockchains and cryptocurrencies, we encounter a cultural divide reminiscent of the 'Gold Rush' days.

On one side, we have the "Casino" group, primarily interested in trading and speculation. This group, often louder and more visible, treats the crypto space like a high-stakes poker game. They're drawn to the quick profit potential, often overlooking the underlying technological innovations. The downside? This culture has led to disasters like the bankruptcy of several crypto exchanges.??

On the quieter side of the divide, we find the "Computer" group. This faction, like skilled artisans, is passionate about the long-term vision and potential of blockchain technology. They're the builders, the developers, the innovators who understand that the financial aspects are just tools to achieve larger goals. They appreciate the true potential of using blockchains to build better networks, and ultimately, a better internet.??

Preparing for a Deep Dive: The Dawn of a New Blockchain Era ??

As we approach the end of our 100-day journey, we'll be taking a deep dive into the future of blockchain in the new era. As we stand on the brink of this exciting frontier, remember: it's not just about the 'casino' or the 'computer' – it's about understanding the essence of a technology and its potential to reshape our digital world.

Stay tuned for more insights and thought-provoking discussions as we go deeper into this fascinating world.??

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