People - time to sharpen up - modern Gen 3 blockchain networks are distributed supercomputers. They are like mainframes (single state/memory) but physically distributed to ensure no single point of failure, are open source and governed by stakeholder vote, and each computing node connects via high-speed fiber on private internets to avoid public internet congestion.
Any program can be run on them by anyone in the world; you just need to pay Compute Units. You can't do this on Bitcoin or Ethereum, which are Gen 1 and Gen 2 blockchains serving different purposes.
It's important to:
- Stop putting all blockchains in the same basket.
- Stop putting all tokens in the same basket.
All blockchains are different and serve a different purpose. All crypto tokens are different and represent something different. Learn what these are before investing or shilling in the timeline.
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