Is it time to Move beyond Solidity?

The EVM has been the most popular blockchain operating system since Ethereum launched almost a decade ago. However, few developers love developing with its native programming language, Solidity; some even compare the experience to “chewing glass.” Nevertheless, entrepreneurs choose it because it facilitates access to Ethereum’s users, assets, and liquidity. But if we want to have 10x the number of onchain applications, we must have 100x the number of developers able to build them. To do that, we have to make it much easier for the average programmer to write sophisticated smart contracts while increasing the security and scalability properties of the underlying infrastructure. That’s the central promise behind the Move programming language and the emerging ecosystem of networks that employ it.

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AI Belongs Onchain

As the cost of producing artificial intelligence models decreases, the population of AI agents will grow exponentially. Agents will soon outnumber humans online, creating, consuming, and exchanging multitudes more information than humans ever could. But if we get, say, a million-fold increase in digital activity, and 99% of that growth comes from machines, it will be hard to cope with this transformation without adopting onchain infrastructure and business models that both empower agents to reach their full potential and allows us to identify, control and audit their actions. 

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Ethereum and Solana

Ethereum and Solana are like Android and iOS. Android values modularity: it runs on many different types of devices made by hundreds of manufacturers worldwide; Google only makes 1-2% of them. This approach made it the world’s most popular mobile operating system, with an estimated 60-75% market share. Android’s flexibility has been a boon for hardware companies making anything from smartphones to televisions, as they can bring new products to market without investing billions into building bespoke operating systems. However, such diversity also makes it more difficult to develop apps that seamlessly work across many devices with different specs, screen sizes, and the various versions of Android these devices run.

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Sovereign Cryptonetworks

A state is sovereign when it has supreme authority to govern its territory without interference from a foreign power. Similarly, a cryptonetwork is sovereign when it runs in a way that resists outside influence. But instead of managing the rules and politics of a geography, cryptonetworks use blockchain protocols to govern the production and exchange of information services over digital space. Achieving sovereignty is necessary to fulfill crypto’s ultimate promise of independent online networks that distribute value more broadly across its participants, instead of concentrating it in a particular company or jurisdiction.

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