Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain
  • Web 3
    • NFT
    • Metaverse
  • Regulation
  • Analysis
  • Learn
  • Blog
What's Hot

Bitcoin Play signals at $138 million are driving a shift in sentiment around large amounts

2026-04-23

Bitcoin Reaches $78,000 – All Eyes on $80,700 Cost Base?

2026-04-23

Bitcoin Price Recovery Accelerates, Traders See Strong Upside Continuation

2026-04-23
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
Facebook X (Twitter) Instagram
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Market Cap
  • Blockchain

    0G Foundation and Alibaba Cloud Partner Bring Qwen LLM’s Onchain

    2026-04-22

    W3.io partners with Space and Time to deliver an end-to-end proof layer for AI-driven financial workflows

    2026-04-22

    The quantum threat is getting closer

    2026-04-22

    Multichainz Integrates CHAINZ Token on Fjord Foundry Launchpad to Increase RWA Lending Opportunities for Web3 Communities

    2026-04-22

    Singapore’s OCBC launches tokenized gold fund on Ethereum and Solana

    2026-04-22
  • Web 3
    • NFT
    • Metaverse
  • Regulation

    Banks Fund Crypto Attack Ads in Washington, as More Than 3,000 Banks Unite to Stop the Clarity Act from Passing the Senate

    2026-04-21

    Have rate refunds been purchased at 20 cents on the dollar by Cantor Fitzgerald, a stablecoin-backed Treasurys custodian?

    2026-04-21

    Crypto will enter the US banking system through a backdoor, not through regulation

    2026-04-18

    Congress is about to make regulated dollar stablecoins function almost like digital money

    2026-04-18

    Why Kevin Warsh Could Be Bitcoin’s Most Influential Fed Chairman

    2026-04-18
  • Analysis

    Bitcoin Price Recovery Accelerates, Traders See Strong Upside Continuation

    2026-04-23

    Neem deel aan de strijd om voorspellingsapps om te zetten in non-stop casino’s met hefboomwerking

    2026-04-22

    Japan Gets Into XRP, But Can It Push The Price To $10?

    2026-04-22

    Crypto is leading the race to build the ultimate gambling super app

    2026-04-22

    Crypto analyst predicts more Bitcoin rallies as long as the price remains above the crucial level – here is his positive target

    2026-04-22
  • Learn

    Wall Street won’t stop buying. Bitcoin will not break out. What gives?

    2026-04-20

    Changelly launches ultimate DeFi Swap Flow and API for cross-chain and on-chain swaps

    2026-04-18

    What Is Etherscan? How to Use the Ethereum Block Explorer

    2026-04-17

    What Is a Crypto Faucet and How Does It Work?

    2026-04-17

    Crypto Bubbles Explained

    2026-04-17
  • Blog
Bitcoin Platform – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Blockchain»Crypto expert Polynya focuses on ‘paralyzingly bad’ monolithic blockchains
Blockchain

Crypto expert Polynya focuses on ‘paralyzingly bad’ monolithic blockchains

2023-11-22No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A post from crypto commentator Polynya went viral after he claimed there was pointless and toxic competition between monolithic blockchain communities. With over 340,000 views on

Polynya even lashed out at supporters – calling them “bagholders” – of a certain monolithic blockchain token: BTC, ETH, ADA, SOL, TRX, AVAX, LTC, BCH, XLM, BSV, XMR, etc. Polynya didn’t focus the criticism of a particular protocol.

The post calls the competition between blockchains a disgrace and says most developers should give up on “cripplingly bad” monolithic blockchains completely.

Polynya was once a popular member of several crypto communities and had amassed a number of them 90,000 followers on X before it shut down on June 2. The unexpected return to commentary attracted attention, mainly because of the blog post’s random and emotionally charged rant against all blockchains.

Polynya simply argues why monolithic blockchains will never reach a global scale. Specifically, it seems impossible to have mobile devices verify the integrity of every transaction on a major blockchain.

Full node hardware is not suitable for most people

It is clear that the majority of people only have access to mobile devices. Mobile phones and tablets are not suitable for ‘always on’ and>

Crypto Twitter was *the* worst community I’ve ever participated in – a toxic hell that Sauron himself would envy. I will never return. However, I’m not afraid to drop one-offs when stories stray too far from the whole truth. https://t.co/XMEMuFCjvw

— polynya (@apolynya) November 17, 2023

Polynya says the biggest problem with monolithic blockchains concerns the high hardware overhead that normal users need to use the blockchain in a meaningful way. Since most monolithic blockchains are active today, users must choose between confirming the validity of every transaction and confirming the validity of every transaction relying on a third party to do the work for them.

See also  Crypto Exchanges trading volume reached $10.3 trillion in 2023, new data shows

So-called ‘light’ or pruned nodes exist, but these shortcuts still reintroduce trust in third parties. Incomplete nodes can also limit a blockchain network’s ability to withstand a worst-case scenario when there are not enough full nodes to archive and validate all transactions around the world.

Read more: Ethereum’s centralization is becoming a serious problem

Cryptotoxicity

Although Polynya addressed the criticism of monolithic blockchains in detail, most of the post’s virality is likely due to the criticism of toxicity.

Toxicity on social media, especially X (formerly Twitter), is a particular problem for the digital asset community. Often the most toxic bag holders are those that are desperate to unload their bags on others. That approach drew a nod from Polynya, which didn’t mention any blockchains in the blog post, aside from one positive mention of Bitcoin.

Crypto Twitter was *the* worst community I’ve ever participated in – a toxic hell that Sauron himself would envy. I will never return. However, I’m not afraid to drop one-offs when stories stray too far from the whole truth. https://t.co/XMEMuFCjvw

— polynya (@apolynya) November 17, 2023

The most hilarious part is that they come in to seemingly fill their bags *without even opening the item*.

— antiprosynthesis.eth ⟠ (@antiprosynth) November 17, 2023

Polynya received a lot of sympathy in the comment and reply sections. “It’s a shame that some people consider looking after their own interests more important than having meaningful discussions,” said one reader.

Kyle Banta said, “There’s a lot of good in all these communities, but the loudest ones usually aren’t the best.”

This feature of monolithic blockchains limits the accessibility of individuals who are part of Bitcoin’s original target group: those who cannot open a bank account or want an alternative to regular financing. Removing trust in third parties is indeed one of the measures primary value propositions in the original Bitcoin whitepaper.

See also  Apple facilitates NFT, crypto rules for iOS apps after antitrust -pronunciation

Because most users cannot download and verify every transaction on a blockchain, there is little need for virtually any monolithic blockchain. “Unless of course you don’t need scale, like Bitcoin,” says Polynya.

There are few benefits to using additional monolithic blockchains outside of Bitcoin if users still need to trust a third party. If all these different blockchains simply add additional trusted third parties, how can they contribute to a meaningful improvement in finance?

Source link

Bad blockchains Crypto Expert Focuses Monolithic paralyzingly Polynya
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

0G Foundation and Alibaba Cloud Partner Bring Qwen LLM’s Onchain

2026-04-22

W3.io partners with Space and Time to deliver an end-to-end proof layer for AI-driven financial workflows

2026-04-22

The quantum threat is getting closer

2026-04-22

Crypto is leading the race to build the ultimate gambling super app

2026-04-22
Add A Comment

Comments are closed.

Top Posts

Bitcoin meets a heartache in the newest issue of Drake – details

2025-07-06

Will BRICS’ Ambitious Plan for a Blockchain-Based Payment System Succeed?

2024-03-13

Will Cardano see a dip to $0.3 in the near term? Keep an eye on THIS!

2024-08-10
Editors Picks

Dormant Bitcoin Awakens – Analysis of the BTC Cycle’s Key Liquidity Test

2026-01-23

Grayscale files updated the spot ETF as Bitcoin crossed $37,000

2023-11-23

Transforming trends that influence the landscape of the Noot-Taking Management Software Market: AI-Driven Innovations Transforming Note-Taking Management

2025-08-16

The BTC price could crack $50,000 if this key level does not hold

2024-09-05

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin Play signals at $138 million are driving a shift in sentiment around large amounts

Bitcoin Reaches $78,000 – All Eyes on $80,700 Cost Base?

Bitcoin Price Recovery Accelerates, Traders See Strong Upside Continuation

Get Informed

Subscribe to Updates

Get the latest news and Update from Bitcoin Platform about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
© 2026 Bitcoinplatform.com - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.