this post was submitted on 09 Nov 2023
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With many 🧩 dropping recently, a more complete picture is emerging of crypto not as a currency, but the kernel process of a new Operating System. E.g. today it orchestrates:
A lot of computing concepts carry over. Currently we have single-threaded execution running at ~10Hz (tok/s) and enjoy looking at the assembly-level execution traces stream by. Concepts from computer security carry over, with attacks, defenses and emerging vulnerabilities.
I also like the nearest neighbor analogy of "Operating System" because the industry is starting to shape up similar: Windows, OS X, and Linux <-> Ethereum, Urbit, Solana, and Terra/Luna(?:)). An OS comes with default apps but has an app store. Most apps can be adapted to multiple platforms.
TLDR looking at crypto as currency is the same as looking at early computers as calculators. We're seeing an emergence of a whole new computing paradigm, and it is very early.