Post by @stani • Hey
Why there is not enough blockchain-based hardware?
Comments
- ethOS Ethereum phone is pretty cool and most importantly it has a Nimbus light client native app. Won't see any infra running on Solana Saga phones anytime soon! #communityInfra
https://coinmarketcap.com/community/articles/64f1873dd492f52b32c099ef/
- Hardware ships and updates slower than software. No point in building it until the software has serious adoption and use case because you'll constantly be trying to chase down and pivot narrative changes. Solana obviously trying to write their own narrative, ethOS is doing something similar, but my guess is we won't get a real crypto hardware wave until we have 100x adoption numbers at least.
And if I had to guess, it'll come from Coinbase
- make a cool one! pls
- Hardware at scale is super complicated, and requires a lot of cash for R&D before it even can see the day of light.
- RWA should be digital. no point of failure
- Good question dear stani, so why?
- What would be the benefit
- The scarcity of blockchain-based hardware can be attributed to a combination of factors. Firstly, the increasing demand for specialized hardware tailored to blockchain applications has outpaced the rate at which manufacturers can produce them. The complexity of manufacturing such hardware, particularly ASICs (Application-Specific Integrated Circuits) for cryptocurrencies like Bitcoin, presents technical challenges that limit the rate of production.
Secondly, the cost of developing and manufacturing blockchain-specific hardware can be prohibitively high. While the demand is growing, not all companies or individuals can afford the upfront investment required for hardware development. This financial barrier contributes to the shortage as it limits the number of manufacturers willing to enter the market.
Additionally, the blockchain industry has experienced rapid growth and diversification, with various projects and use cases emerging. This diversity in blockchain applications necessitates a wide range of hardware solutions, further straining the supply chain.
However, there is optimism on the horizon. As technology continues to advance, we can expect improvements in manufacturing processes, potentially reducing costs and increasing production capacity. Furthermore, the blockchain industry's ongoing expansion and maturation may attract more investment into hardware development, eventually alleviating the scarcity issue.
In conclusion, while the scarcity of blockchain-based hardware remains a challenge, ongoing technological advancements and industry growth offer hope for a future with more accessible and diverse hardware solutions. Stay tuned for developments in this dynamic space!
- Perhaps it's due to the complex and specialized nature of blockchain technology