there are 16,000 blockchains rn??? wtf is going on A post from sent me down a rabbit hole

This vid features posts from @emilyxlai, @0xcoconutt, @metabloxx, @SuhailKakar Sources @ai16zcrypto, @thirdweb, @coingecko, @DefiLlama

The original post

🛑 Is U.S. regulation driving blockchain developers away? Michael Lewellen challenges the DOJ to protect crypto innovation and free speech. ⚖️ #Blockchain #CryptoNews #DeFi #Innovation

I appreciate you trying to educate but there’s like 5 misleading facts in the first few seconds of the video. There were actually 100s of blockchains in between Btc and Ethereum. Ethereum didn’t launch until July 2015 officially with the Frontier version of the ETH network. In fact a website called allowed you to create full blockchains with the click of a button. I would say there was 500-1k blockchains between BTC and ETH. ETH was the first to utilize decentralized, immutable smart contracts. Follow @OnChainHistory for more info. Here’s a fun timeline I created:

Yo thanks for this info! I had no idea there were so many chains between BTC >< Eth, would love to reach out for anything in the future if you're up for providing input. I did run this through perplexity to try and be thorough, but appears it failed me here - which ofc isn't surprising but it's definitely smarter than me 🤣 Appreciate you sharing this insight 🙏 maybe we can make a deep dive video together or something sometime, your research + a vid could be a cook

@emilyxlai what the freak i thought there was only one chain, sei

@emilyxlai dw little b, that's true

@emilyxlai im gonna multiple by 16000 and become a maxi in each chain

@emilyxlai break yourself up like horcruxes

cool video and editing btw the reality is… chains are a great liquidity event for investors for some of them, it’s a massive success when measured in roi (even if price is down only for retail) but to retail and new users, it’s setting us back a bit imo

ty for the kind words and the initial research/ inspo. That's a tough reality to sit in, when the tokens list and they insta-dump mostly now, it feels like that formula may not last... and that could be.. good maybe? but bad? if VC's can't get that ROI to invest in the 'experiments' time will tell🤷