The Next Big Blockchain?

To think that Bitcoin, Ethereum or any other blockchain will be the one all solution is simply bad thinking at this point in time. More and more with tons of compaction from competing blockchains it's not longer a build it and they will come when less than 100 blockchains existed. Now you need to seriously treat it like a business and build applications on top of it for it to see any real meaningful growth.

Today I want to take a look at a new blockchain that's coming that has the potential to be massive and could very well be like the early release days of Ethereum.

Of course this article is speculation and is for entertainment purposes only. Do your own research before investing and understand the risks.

With that out of the way let's jump into what this new blockchain is and what areas it seems like it's going to be focusing on.

AO

AO is slated to release on June 13th as a fair launch token meaning no presell or investors before hand. You can gain some information and test net at AO Arweave

The Power Of It

Most blockchains focus on Finances. Of sending one token from one person or entity to someone else. That's the overall design of pretty much ever blockchain and making that as efficient as possible. It does this in a ledger or really a straight list. Your transaction gets processes before any other transaction comes in meaning that there's never a alter or a competing transaction to conflict with yours. This is where the core security and feature of most blockchains come in.

AO will take this a step further called parallel transactions. This is where multiple machines can be used to process transactions and at the end of it all that would result in a output that gets logged to the ledger. So it's no longer a single transaction it can now be multiple transactions happening.

What Is It Good For

While the above shows up the possibilities it also comes up with possible new issues as this would be a semi untested brand new blockchain which does things in a unique way.

What it might be good for instead as a blockchain is the following...

The blockchain is built on top of Arweave which is geared towards permanent data storage. This is unique because most blockchains are not built for this type of data storage and mainly focus on smaller bite sized financial transactions. With this it's built in a way so larger files can be stored on the blockchain without major issues you would get with the larger blockchains like bitcoin and Ethereum.

This creates a unique blockchain that's great at doing things like gaming, social media etc where large amounts of data get stored on to the chain. You'll notice with many other chains that the core data never really gets put on chain if the site went down the data would still be lost.

Getting Tokens

The main way to get tokens that people are going to care about is from those that hold the AR token

You can also earn it for developing new applications on their blockchain if you're a dev. And last but not least you can mint it by bridging to AO.

To learn more about the AO computer check out their video on x(twitter) here
https://x.com/aoTheComputer/status/1762545634035290465

I'd say the video is worth a watch because it feels like a very unique and possible new standard for scalability with a brand new blockchain. AR might also be a good bet if it gains in popularity and more tokens which to be built on top of the AR blockchain.

Posted Using InLeo Alpha



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It's really interesting how AO aims to revolutionize blockchain with parallel transactions. I really think the potential for large-scale data storage opens the doors for gaming and social media. So many cool Blockchains will exist in our future 🥰

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That's quite an interesting project, will need to check it out. Only if I could invest in all of them... :)

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I checked the whitepaper and I wonder what's so unique with Arweave's USP as a "permanent information storage system." Don't we have similar feature on Hive?

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