🍴 [Analysis] Do financial incentives increase the threat of forks? – Nadia Eghbal

Key points:

• Behaviors that we attribute to being unusually characteristic of crypto are just signs of an early-stage open source ecosystem
• In a time of rapid speciation, it makes sense to be concerned about forks. But over time, we’ll see things settle into fewer, more stable projects with defensible brands, chains, communities, and developer-miner partnerships
• The biggest defensibility in the crypto community turns out to be momentum (which encompasses community as well as other things). A fork basically starts from a stationary position and it takes Herculean effort to reach any kind of relevant momentum