By Adam Knuckey, Co-Founder and COO of Dolomite
The world is held together with bandaids and scotch tape. Lift the bonnet on any time-served tech, and you’ll find a seething mass of spliced cables and solder. We are on a giant ball of rock hurtling through space at 67,000 mph with our critical infrastructure maintained by a wing and a prayer. The same goes for crypto.
The tokens that whizz their way across blockchain networks are running on tech that has been patched so many times it’s a miracle it still works. Or even more crucially, twisting systems to support use cases that weren’t imagined when their software was first written.
Satoshi didn’t mean for people to trade non-fungible tokens (NFTs) on Bitcoin, and yet Ordinals found a way. Likewise, with DeFi, where the evolved understanding of programmable money has transformed the humble token into a sticky bomb capable of detonating in hard-to-reach places and triggering a chain reaction of second-order effects.
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