The importance of community in blockchain from "summary" of The Basics of Bitcoins and Blockchains by Antony Lewis
Blockchain technology is not just about the technical details of how blocks are linked together using cryptographic hashes. It is also about the people who participate in the network, verify transactions, and maintain the integrity of the system. This human aspect is often overlooked, but it is crucial for the success and sustainability of any blockchain network. The community surrounding a blockchain project plays a vital role in its development and growth. Without an active and engaged community, a blockchain network is likely to stagnate and eventually die out. This is because it is the community that drives adoption, innovation, and governance within the network. It is the community that decides which upgrades to implement, which projects to suppor...Similar Posts
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