Why has blockchain not yet crossed the "network effect chasm"?
Because it has been doing something counterintuitive:
Each chain grows long, but the growth is unrelated to each other.
ETH is lively; its users, assets, and attention will not naturally flow to other chains. No matter how fast Solana is, it won't bring incremental benefits to Arbitrum. The rise of Base does not mean that other chains can follow the momentum and rise together. This is not a capability issue, it's a structural issue. The network effect of the Internet relies on interconnectivity, mutual trust, and transferability. What the blockchain lacks is this underlying layer of mutual trust.
Without it, your growth can only cycle within this blockchain. With it, growth will be transmitted across chains.
Assets can act across chains. Liquidity cross-chain participation. Users can migrate across chains. The first time the chains became "mutually amplifying" instead of "mutually isolated."
This is the true explosion curve of Web3. What Espresso does is not about "making cross-chain faster". It is about reopening the locked network effects. @EspressoSys @espressoFNDN @0xMantleCN @Bantr_fun
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Why has blockchain not yet crossed the "network effect chasm"?
Because it has been doing something counterintuitive:
Each chain grows long, but the growth is unrelated to each other.
ETH is lively; its users, assets, and attention will not naturally flow to other chains.
No matter how fast Solana is, it won't bring incremental benefits to Arbitrum.
The rise of Base does not mean that other chains can follow the momentum and rise together.
This is not a capability issue, it's a structural issue.
The network effect of the Internet relies on interconnectivity, mutual trust, and transferability.
What the blockchain lacks is this underlying layer of mutual trust.
Without it, your growth can only cycle within this blockchain.
With it, growth will be transmitted across chains.
Assets can act across chains.
Liquidity cross-chain participation.
Users can migrate across chains.
The first time the chains became "mutually amplifying" instead of "mutually isolated."
This is the true explosion curve of Web3.
What Espresso does is not about "making cross-chain faster".
It is about reopening the locked network effects.
@EspressoSys @espressoFNDN @0xMantleCN @Bantr_fun