"The current state of the crypto ecosystem is at a crossroads.
24 Aug 2023, 19:07
"The current state of the crypto ecosystem is at a crossroads. Many use cases from previous cycles are stagnant or have lost their luster entirely [...] What once gave promise of seemingly limitless user onboarding now looks more than uncertain.
The need for new applications is evident, but to build them, we require better application infrastructure that can enable a new wave of innovation.
Current Web3 applications have fallen short of delivering users comparable features to Web2 apps due to being nearly entirely isolated to Web3 rails.
Why entirely abandon the existing applications? Why not provide a way to execute traditional applications from smart contracts?
This is where Web3 Functions come in to bridge the gap between traditional software paradigms and Web3 applications."
- @kelxyz_ , @MessariCrypto