Recipe for Success

In the crypto space, it is often the nature of the community of an UNDERDOG BLOCKCHAIN to attack an INCUMBENT BLOCKCHAIN— but it’s not the recipe for success.

Rather than relying on the failure points of another blockchain (BTC and ETH, for example) for the success of your own favorite chain, work on making your own chain so good that it is the natural free market winner. This includes great public perception, promotion & technology.

In the case of competing TECHNOLOGY (from an underdog blockchain), it can’t just be a BIT BETTER, or even 2x better— it must be an ORDER OF MAGNITUDE BETTER for incumbent participants to switch in any meaningful way.

And it must be well received in the public eye. This means good marketing and promotion.

submitted by /u/ColinTalksCrypto to r/btc
[link] [comments]
Quelle: bitcoin-en