[CONTEST] Writers Wanted [COMPLETED]

Bounties & Contests
13

I’m posting my whole entry here:

Public, open source blockchains are moving towards mainstream, defined here as a time when blockchain based cryptocurrencies become more relevant in our daily lives than government issued fiat. Salaries, savings, and payments will be done on blockchains, as well as new applications currently being devised and developed. The technology must yield value to people and businesses while being cohesive, intuitive, and trusted to function properly, which will take time. Adoption is currently only loosely correlated to market cap. Note* in some cases blockchain tech will provide hidden backend functionality unbeknownst to some users.

Some of the values blockchain can supply are: secure value storage, quick, cheap, and borderless transfers, financial services like insurance, privacy, and censorship resistance from governments and malicious entities (very important in the long run, therefore blockchains shoud be decentralized), trustless means of exchanging currencies, and appropriate government regulation. For those who don’t have a bank, blockchain is especially valuable. Fiat pegged stable coins that pay interest comparable to fiat money markets or certificates of deposit are also an important transitional tool. Education for users (and developers) will be sponsored by exchanges, blockchain platform foundations, governments (maybe), decentralized application developers, and the blockchain community as a whole.

Blockchain platform technologies are at the core of this societal shift, but gaining adoption will require ongoing platform/app development, and an array of talents that provide messaging and brand outreach, plus help for merchants, miners, holders, node operators, and potential new participants. For examples of what else a blockchain platform can do to catalyze adoption I will be sharing some of what Æternity Blockchain is working on.

To support billions of users, a blockchain must have high scalability and throughput. Æternity has a streamlined on chain consensus algorithm and also incorporates built in (off chain) state channels, which (once opened) allow free, near-instant, unlimited transactions between two parties. This interaction can be automated by a smart contract program for micro payments. Æternity also built in oracles to provide valuable data to the blockchain as well as incentivize people to join the platform and earn tokens by submitting requested crowd sourced information. Æternity has, and is improving, an easy to use æpp (Æternity application) suite, like a ‘one-stop-shop’ environment… The vision is to have many functional elements that work in tandem… Furthermore, Æternity has created Æternity Ventures to invest in and guide projects building on the platform. To make æpps less bug prone, Æternity provides documentation, software development kits (SDK’s), and has designed a functional smart contract language which prevents some unforeseen side effects. Governance of some mechanics is ideally a balance between network validators and holders, which is why Æternity will implement token weighted voting.

On a basic level, the will of the people will spur blockchain into the mainstream. Younger generations are familiar with modern technology and as they come into financial maturity they will appreciate the benefits of blockchain more than entrenched “old money”. Many of today’s efforts may fade, but at least a hændful will bloom.
End
PS Institutional capital will come.
If you like what I had to say you might enjoy my Æ related youtube channel

1 Like
14

Hi, awesome contest! Can I still join you guys or you already have winners in mind?

1 Like
15

Hey @CryptoParadise, of course you can :slight_smile:
The deadline is Feb 20th but we are always interested in motivated writers :wink:

Best,
Albena

16

you can hire content writter from us we are best content service provider

17

Hi :slightly_smiling_face:

Here is the link to my article: https://drive.google.com/file/d/1q5fRQ06K2PrYBppmaKmEO5SnQc3sqsUt/view?usp=sharing

Thank you in advance)

2 Likes
18

Hi! Here’s my entry:

The blockchain genie is out of the bottle. The race has begun to bring this technology into the mainstream. We, early adopters – and whoever is reading this article could most probably be considered one – need to think about how this technology can be adopted for use by a mainstream audience. It is not only important because it will simply make our lives easier but because it can provide a solution to one of the greatest issues that we are currently facing on the internet – that we are producing an enormous amount of data and that data is aggregated in the hands of a number of centralized entities that have an extraordinary amount of power. Public, open-source, permissionless blockchain technologies can remedy this problem by decentralizing the control of this data and giving the power in the hands of the users, who are in effect the direct owners of the network and, by extension, the data stored on it.

Sadly, the decentralized ethos in itself is not appealing at all to the mainstream – the user experience must exceed that of the currently existing ecosystem in place. The way blockchain technologies will enter into the mainstream is if they provide a valid alternative to their currently existing counterparts on the application level. As this is a very early stage of adoption, the frameworks established today we’ll probably have to live with for years and decades to come, so it is especially important that the foundation is solid and well-thought-out.
Currently, using blockchains is clunky - they are slow, poorly optimized, provide a lackluster user experience, and the technology behind them is not scalable to handle millions or billions of users. Smart contracts running in the background need to execute with high reliability and speed. By utilizing state channels on the æternity blockchain, it is possible to execute smart contracts off-chain with the same security guarantees as on-chain transactions, but without all the setbacks of storing every single transaction on the main chain. The æternity project’s æpps form a core part of the ecosystem from the start and are an important consideration during every stage of development. This, paired with a mobile-first approach can potentially provide a strong foundation upon which the community can build a thriving ecosystem of æpps.
Without a sufficiently decentralized governance system all this wouldn’t be more than an inefficient database. The hybrid consensus algorithm with the directly democratic governance system maintains the network’s decentralized appeal.

Similarly to how a person performs a Google search and has limited knowledge of the technological rumblings going on in the background, blockchain technologies need to integrate seamlessly into the everyday lives of people with all the technical hocus-pocus nicely tucked away, but at the same time bringing all the benefits of this revolutionary technology to as many people as possible.

3 Likes
19

For everyone still hesitating whether to participate - the deadline is TOMORROW!

Hurry up and send your thoughts on the subject: How will blockchain technology enter the mainstream?

We are looking forward to reading them :slight_smile:

Best,
Albena

21

Hi there,

here is my contribution :slightly_smiling_face:

I recommend to look at it on mobile, Evernote has some unresolved issues with text formatting on Desktop. I can port it to medium if you like :wink: How will blockchain technology enter the mainstream?

Regards

Martin STF

2 Likes
22

Hey, prove it by submitting an article! :smiley: Still a few hours left. Even if you submit a bit later than the deadline, we will consider your work.

Best,
Vlad

23

Thank you all for the submissions! The contest is now over!

We will review your work and get back to you with the results. Please allow up to two weeks for this.

The winners, if we select them, will be asked to add their Mainnet AE address to their submissions, so it is publicly visible.

Best,
Vlad

24

unfortunately didn’t find the time to write an article. hopefully this won’t be the last contest :slight_smile:

25

Thank you for taking the time to writ this piece, @pantsme. Here are a few comments on my end:

  • I think it is better to say that blockchain “re-imagines” trust than “creating trust where there is none”. Curerntly, trust is established by “court-enforceable” contracts and the inclusion of “third-parties” in the process, trusted parties.

  • “A thing called smart contracts” does not sound nice. Maybe "the concept of “smart contracts” was introduced.

  • “the transit of an item such as a piece of fruit along its journey to your kitchen” this refers to “supply chain management”. Using the correct terms is useful.

  • “many projects out there creating blockchain technology” I would rephrase for more impact. Something like “there are a number of projects out there that are involved in research and development that aims to improve the usability and efficiency of blockchain infrastructure.”

  • I like the “imagination” point :slight_smile:

Best,
Vlad

1 Like
26

Thank you for your post, @Cryptofridge.chain! Here is some feedback:

  • In relation to the reasons why blockchain has not yet received mainstream adoption, I think it would have been better to focus on one or two main ones, and then provide an opinion how can they be addressed.

  • Your ideas on how blockchain can enter the mainstream are ok, but they should have been developed further. For example, “blockchain implementation in use cases that have likelihood for mass adoption” is just a statement - what could these use-cases be in your opinion? Why are 1 and 2 needed, etc.

  • Your coverage of the aeternity platform sounds a bit like “any other platform”. :slight_smile:

  • It is great that you know about the list of areas in which aeternity is active in, but it would have been better to explain why do they matter. For example, why is on-boarding aembassadors a good thing for mass adoption?

  • I am not sure why some of the words are capitalized. For example: “By Creating Aepps with real world use cases”

All the best,
Vlad

27

Hey @xiahui135, thanks for participating in this contest. Here is some feedback:

  • I like that you have used tables and graphics to express your ideas

  • I like that you have focused on a single aspect - “currency”

  • It would have been great to have developed this idea: “We need new features to solve real-world problems.” What currency use-cases are still needed in your opinion?

Thanks,
Vlad

28

Hellp Josh, thank you for sharing your thoughts. Here is some feedback:

  • I am not sure what hidden back-end functionality you refer to? :slight_smile: I am interested.

  • I like that part about new generations :slight_smile: I agree.

Best,
Vlad

29

Thanks for the feedback. All good and taken to heart. Will make some improvements to it tonight not to win but to improve it since I won’t just be taking it down after the contest. Want it to portray the info the best way possible. Thanks again!

30

Hey @romeda! Thank you for participating in this contest! Here is some feedback:

  • I like your table. However, it is best for a table to complement what you are trying to say, not be the only source of the information you are trying to communicate. It is very detailed though and I think all the info you have included is relevant.

  • “The high industry entrance”, this is usually divided into different “personas”. For example, there is a entrance level for users (easy to use aepps), devs (documentation, tutorials, communication channels for questions) and entrepreneurs (how can blockchain help my project?). You can add more personas of course.

Best,
Vlad

31

Thanks for the feedback. The backend I was referring to could be if someone does a cash bank transfer, maybe the bank uses crypto for that without the customer knowing, like Ripple. But, after reading your piece about personal data, I think I should have had something about that instead

1 Like
32

Hello @abedwo! Thank you for sending us your ideas! The feedback :slight_smile: :slight_smile:

  • “it will simply make our lives easier” I think it is more about freedom, transparency, security, privacy, opportunities. But yes, if you refer to digital recordkeeping - maybe administration will become more efficient if blockchain is incorporated.

  • I like your article. Making blockchain “human” is fundamentally important.

Best,
Vlad

33

It is payment. This is the super use-case for a currency. All other crypto currency have some problems. We need a currency like this:

  1. fast: payment is fast and smooth
  2. secure: decentralised, I need to make sure my money is 100% secure.
  3. fairly and widely distributed, and have a large community: I don’t need to worry about it be worthless someday. The currency I hold need to be a value store asset.
  4. private: keep private when I need.
  5. convenient: easy to use and there are many users and applications there to make a deal with.
  6. scalable: we don’t want to be stack when the network is busy.
    7.smart: I want to spend the money in many ways, bet, ICO, investment, payment.

Aeternity is excelent in 1,6,7
Aeternity need do better in 2,3,5,4