And so now these things become completely composable and I think one of the reasons why the web three Revolution is going to be so nonlinear and so unexpected. So fast is because with open code means these applications, plug into each other, like Lego blocks, you go buy a Lego for your kids. Well, it connects to every Lego piece that your kid already owns it. Connects to all the other Lego pieces of the kids down the block, and they can build anything they want out of it. And that's how code on web three works. That's how data on web three works. And that's how even ownership on web three Works, where I can own a little piece of every platform that I contribute to and this is absolutely a revolution, the Vault. Could you define a word which comes up a lot in web? Decomposable and what? That means how people use it. The beauty is, this is all open source, so it's not even apis anymore. I don't have to access through the very limited apis that are Twitter might expose and then take away later on, as they famously done. I can literally connect to the code at any point that I want to and then an open source. You only solve each problem once. So, if somebody has built a good version of how to solve a certain problem. I'm just going to reuse that and reuse it again. Maybe I'll Fork it. Maybe I'll improve it a little bit. Maybe I'll Port it to a slightly different system, but essentially at the The level each problem only has to be solved once. So composable means that it's like Legos or like digital Legos where I can just copy the Lego and then build on top of it. So the effect to a competitor is like a Voltron type thing where all of a sudden all the apps and web, three can sort of team up to create any app needed. Example, is there was an innovation in defy called automatic market makers which is instead of having to have an exchange where you have paid market makers and firms and the other side ensuring liquidity in any Market, you know, you go in the stock market. You buy a stock. There's someone else on the other side who is paid to provide liquidity to sell you, the stock at the exact moment that you want to buy the stock. But in web three, we created this Innovation with defy actually called automated market makers. We can just do it through code. Now, once you've done that in code and most famous commentators you wanna swap which is of course, an increase in investment. So congratulations Chris, but once it's done, then anybody else can copy it, then it can just be plugged in dropped into any new application. So if you look at, for example, games that are going to come out that our web three base. They're going to have entire market economies in them. They will have custody solutions. They will have a Nifty is built inside of them. They will be completely composable in that any piece from any other app can plug into any other app permission lessly. And so you're building an edifice. It's almost like building a civilization, or a city of interconnected apps, instead of these silos in which the data is not portable. The code is important, bill users aren't portable. So that's probably way longer a definition that you wanted and Chris can give you a crisper one. I'm sure I
think there's great. I think I like to say that composability is to software as compounding interest is to finance, right? It's sort of this magical thing. Where if you get it going, it has a sort of exponential hockey stick.
Web3 Apps Are Composable; They Plug Into Each Other Like Lego Blocks
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