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You Won’t Believe What Happened When We Let Three Identical Blockchains Compete Against Each Other (Spoiler: One Was Slightly More Popular)

BlockchainCrypto NewsEthereum Doug Martinez October 7, 2024

A comic-style illustration featuring three identical blockchains standing on top of each other in ascending order, with the middle one bursting into flames and surrounded by confetti as it rises above its competitors.

The thrill-a-minute world of cryptocurrency is at it again! This time around, the supposed ‘experts’ are touting monolithic blockchains as the next big thing, because who needs innovation and competition when you can have a bloated, inefficient behemoth that chokes on its own success? Solana (SOL), Sui (SUI) and Aptos (APT) are leading the charge in this parade of mediocrity, with price gains so astronomical they must be measured by satellite. And what’s driving these blockchains to new heights? Ah yes, it can only be the sheer genius of their monolithic architecture – a.k.a. ‘we’re too lazy to innovate and will just copy-paste everything instead’.

Source: cointelegraph

‘Monolithic’ blockchains outperformed in September — VanEck
https://cointelegraph.com/news/monolithic-blockchains-outperformed-september-vaneck
Monolithic blockchains — networks that combine different layers into a single, unified architecture — outperformed in September, according to VanEck’s latest “Crypto Monthly Recap.” The report cited Solana (SOL), Sui (SUI) and Aptos (APT) price gains of 14%, 118% and 23%, respectively. Sui’s performance was attributed to a 140% gain in daily active addresses during September, resulting in the digital asset crossing a $5-billion market capitalization. VanEck’s researchers also noted […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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