Composability allows anyone in a network to take existing programs and adapt or build on top of them, it unlocks completely new use cases that don’t exist in our world. In other words: composability is innovation.——Linda Xie,a16z
secondary titleCan be combined
Sex ≈ Innovation: Web3.0 achieves composabilityThe decentralized protocol and community of Web3.0 can be combined and interoperated without permission, which is the composability of Web3.0.
This allows Web3.0 applications to gain the ability to "directly combine assets, data, and even community members of multiple protocols". This continuous combination and combination makes every innovation result become the starting point of a new round of innovation in a faster way.
Why composability is unknown in the era of Web2.0, but it has become extremely important in the era of Web3.0?
The basis for the success of Web3.0 applications lies in whether it can become the best solution for a certain scenario, and thus be combined into the entire blockchain Internet. Based on this, on the one hand, it is necessary to skillfully combine the existing excellent protocols, and the community integrates and shares the iteration dividend; on the other hand, it focuses on the core functions of the product and strengthens the value of the product "combined" with other protocols. Only by being open and win-win can we seize the value opportunities that may arise at any time, and have the opportunity to achieve broader value capture in the blockchain Internet.
Combining excellent protocols: actively integrating into the blockchain Internet
textIn the era of Web2.0, it is not glorious to use doctrine.
But in the Web3.0 era, the composability of intercombination and interoperability between protocols can be said to kill two birds with one stone and win-win for all parties.
The popular Web3.0 product Mirror, the domain name module combination ENS, provides domain name ownership to the author; the content storage combination Arweave, the unique address stored on the chain is marked at the bottom of the article; the content NFT casting and transaction combination Zora, Foundation, Rarible , SuperRare and Custom multiple NFT platforms, allowing Mirror authors to convert their posts into NFTs, and NFT auction links can also be embedded in the posts. This helped Mirror to quickly build a business framework in the early stage, and enjoy the update and iteration dividends of multiple excellent protocols, gaining the attention of various communities.
The architecture of the octopus network also reflects the importance of composability.
The Octopus Network is the third multi-chain network protocol that has received widespread attention after Cosmos and Polkadot. Its design goal is to safely and efficiently start and run a large number of Web3.0 applications in the form of independent blockchains - application chains.
As a multi-chain network protocol, Octopus Network did not redevelop an independent layer1 public chain to be a cross-chain hub, nor did it redefine standards in terms of cross-chain technology, but directly combined existing excellent protocols and standards to improve product value :
Combining Near Protocol as a cross-chain hub of a multi-chain network can directly enjoy the almost unlimited expansion potential of NEAR Protocol based on sharding, and directly use the rainbow bridge of NEAR and ETH cross-chain interoperability; NEAR Protocol will also benefit from Octopus Network around NEAR The built multi-chain network ecology and the community are also integrated with each other, and the two sides have a great win-win situation.
It can be seen that the combination of excellent protocols can greatly speed up the progress of the project, and can enjoy the dividends of other protocol innovation and development. It also means actively integrating into the blockchain Internet, and all parties to the cooperation can capture more value
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Focus on core values: "combined" into the blockchain InternetCombining excellent protocols is an "active" integration into the blockchain Internet. on the other hand,When we are good enough to be the best solution for the target scenario, we will inadvertently be "combined" into more innovative protocols.
Embracing the opportunities that may arise in the blockchain Internet at any time with irreplaceable value is the way to truly integrate into the blockchain Internet.
Focus on the core value, making people irresistible; more restraint in non-core functions, reducing the worries of meaningless competition and cooperation. Only when the product is focused and restrained enough can it be qualified as an excellent protocol to be "combined".
The focus of the Mirror team is reflected in the key scenario of content monetization: by providing token issuance tools to help creators crowdfund content and quickly launch a DAO. easy way. This makes Mirror the birthplace of quite a few projects.
In terms of non-core functions such as the distribution of content information, Mirror has no attention, no comments, no likes, and has achieved extreme restraint. There are many teams helping Mirror to distribute: such as decentralized distribution protocols such as RSS3, as well as MirrorFeed and AskMirror, which are developed based on the Mirror ecosystem.
In fact, the Mirror team is becoming more and more aware of this. Functions such as Crowdfunds, Editions and Splits in Blocks have all been migrated to the new function "Plugins module". Jon-Kyle said that "Composability is the core principle of Web3.0 , We are very excited to allow community building tools in the Web3.0 era to coexist and be used in combination with each other in the Mirror ecosystem.”The core value of Octopus Network lies in the creative design of the LPoS consensus protocol
, has built a free and flexible security leasing market. This mechanism can enable the application chain joining the Octopus network to start and run at low cost, which is the basis for the large-scale application of the application chain.
Substrate IBC is an extension of the IBC protocol, and in the long run it can be said to be the biggest contribution of Octopus Network to the entire blockchain Internet. The application chain of the Octopus network can interoperate with the Cosmos partition chain and the Polkadot parallel chain; further combining NEAR's rainbow bridge, the Octopus application chain, NEAR Protocol, Ethereum, Cosmos and Polkadot have realized cross-chain interoperability, and the entire district The blockchain Internet has realized comprehensive interoperability and interconnection.Multiple application chains have joined Octopus and launched the mainnet, and dozens of candidate application chains have joined, which has attracted great attention from Web3.0 innovators around the world.
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Web3's Unique Growth Key: Community Composability Screens Community ContributorsThere is a huge difference between starting a business in Web3 and Web2, that is, after the project white paper determines the business model and market,First, find the top 1% community contributors in this market,
Only with the cooperation of the right community contributors can it be possible to build the right MVP and then verify the fit between the product and the market.
This is why they are all airdrops. Some projects can achieve unprecedented popularity, but most of them are not interested? Because most of the airdropped community members do not fit the market where the project is located.
Community is at the heart of the success of any crypto project. In the early days, finding the top 1% community contributors in the market where the project is located and exploring the "community-market fit" is a key point in the Web3 growth model that is uniquely different from the Web2 growth strategy.
Derivative NFT projects, that is, derivative projects of NFT projects, are also a good example of community composability. Mutant Ape Yacht Club and Bored Ape Kennel Club are derived from the Bored Ape Yacht Club based on Bored Ape. The community of these derivative projects combines the original project community and uses its influence to gather more members who yearn for the original project community.
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extreme and sharp
In the era of Web3.0, composability allows us not to worry about the problem that a single function cannot be realized, because as long as the real value is found to the extreme and can be integrated into the blockchain Internet, the team and the community can get a return that matches its value .
Composability also allows the product to have the possibility of overtaking on curves and spiraling upwards. For example, Axie Infinity was very simple in 2018. By 2021, it will learn from the DeFi model and explode the huge energy of GameFi with the Play to Earn model.
