The public blockchain is open to all without permission

aksubulgurcu@newsletter.paragraph.com (AksuBulgurcu) — Wed, 24 Nov 2021 14:20:02 GMT

Do you have a mobile phone and Internet connection? Cool, welcome to participate. In today's closed data architecture, especially if you live outside the United States, it doesn't work that way. You can not only participate in the blockchain, but also earn income. With the development of 4G and 5g technologies in emerging markets, the application scope of smart phones is expanding. We expect that more and more users will access encryption and blockchain based games in the near future.

Open protocols collapse and reduce the cost of existing technologies. Public blockchain is an open protocol. Ethereum is an open protocol. Anyone can build a game on Ethereum. By doing so, fundamentally speaking, they outsource most of their operation and capital costs to Ethereum's underlying blockchain, which means that it is easier for entrepreneurs to start the game. Low barriers to entry increase competition. This benefits the end user. We have seen this scene again and again in history. Blockchain is just the next iteration of open source technology.

Decentralization. Because the blockchain is open and unlicensed, anyone can build it on this basis. This means that we should look forward to a future and build blockchain games on different first tier blockchains, such as Ethereum, Solana, universe, etc. Users will be able to easily switch games, and they will be able to bring their assets in the form of skin, avatars or weapons, such as NFT. This is impossible today. In addition, if users want, they will be able to exchange their NFT assets for profits, or they may want to establish NFT? Go ahead - you don't have to have a gaming platform to do this.