Partner of A16Z Cryptocurrency Entrepreneurship School: Bitcoin and Ethereum are difficult to be replaced, and forked coins are unlikely to capture value

Recently, Jesse Walden, a partner of the A16Z Cryptocurrency Entrepreneurship School, stated that the main innovation of the cryptocurrency network is that it can expand the network effect by allowing users to share the value they create. Crypto networks like Bitcoin and Ethereum are precedents for large-scale platforms owned and operated by the community, but if the right tools are available, then more founders may be able to use this new tool to distribute economic value. Establish a network effect and create value for yourself, investors, and user communities. Economic collaboration with users is a major feature of the product experience, and creators may be able to unlock larger, more competitive and more defensive networks, while enabling more innovation, all thanks to cryptocurrencies Open source foundation.