Why a Web3 Version of SpaceX Would Be Good For The Whole Industry

TL;DR

• With the intention to clear up the blockchain trilemma, we want a Web3 model of SpaceX.

• We’re not speaking about an organization that makes rockets for the metaverse, or one who makes selections about merchandise based on how pointy they are…

• We’re speaking about an organization that reinvigorates blockchain builders, in the identical approach that SpaceX reinvigorated the house trade.

• With the intention to clear up for the Holy Grail of Web3, fixing the blockchain trilemma, we want extra corporations with bold and thrilling objectives.

Full Story

With the intention to clear up the blockchain trilemma, we want a Web3 model of SpaceX.

(That will make little sense proper now, however hear us out).

What’s the ‘blockchain trilemma’?

The ‘blockchain trilemma’ has been known as the ‘Holy Grail’ of blockchain improvement.

It requires a single blockchain challenge to be:

Thus far, there hasn’t been a challenge that is met all three standards (at the perfect they’ve met two) – for instance:

Bitcoin is very safe and decentralized, however it may possibly solely course of seven transactions per second (which is approach too sluggish to assist billions of customers).

Solana helps waaay extra transactions per second (~4000 proper now), it is decentralized, however much less safe than BTC.

Why do we want a Web3 model of SpaceX?

We’re not speaking about an organization that makes rockets for the metaverse, or one who makes selections about merchandise based on how pointy they are…

We’re speaking about an organization that reinvigorates blockchain builders, in the identical approach that SpaceX reinvigorated the house trade.

Between touchdown on the moon, and the founding of SpaceX, there was little curiosity in pushing rocket know-how forwards.

However the mission to make the human race a multi-planetary species obtained individuals excited once more – that is a critically bold and fulfilling idea for these people who get to work on it.

With the intention to clear up for the Holy Grail of Web3, fixing the blockchain trilemma, we want extra corporations with bold and thrilling objectives.

Growth, caught the landing.