Ben Fish: Blockchain is becoming the new underlying infrastructure for the entire internet

Major crypto industry figures are discussing another shift in approach to blockchain technologies following the publication of a research note by Espresso Systems co-founder and CEO Ben Fish. In his paper, he argues that mass adoption of crypto technologies has already begun, but it is not driven by the rise in popularity of traditional blockchains or cryptoassets.

The Silent Integration of Blockchain into the Internet

According to Fish, the future of crypto infrastructure lies in the "silent" integration of blockchains into the traditional internet as a secure communication layer. He compares this process to the transition from HTTP to HTTPS, which has become the norm without changing the user experience. Fish emphasizes that the main driver of this transition is stablecoins, which in recent years have approached the usage of giants like Visa and PayPal. Moreover, stablecoins represent a technically improved form of the same digital dollars.

The Outdated Concept of a Single Global Virtual Machine

Fish also believes that the current concept of a single global virtual machine on which all applications run is outdated. He points out that the web has long since become modular: millions of programs operate independently, use different languages ​​and infrastructures, but maintain their own databases, which can essentially be considered separate chains.

The Role of Blockchains as a Reliable Database

Fish's thesis is that blockchains should serve as a single, reliable database where applications can publish their ordered transactions while maintaining control over their logic and architecture. This will simplify scaling, as validators no longer need to perform the full computation for each application. They only need to verify data availability, block ordering, and finality.

Advantages of the New Approach

Thanks to techniques like destruction coding, the load on each validator is distributed evenly, and the growth of applications does not lead to increased system costs. This creates a more resilient and efficient ecosystem, where blockchain becomes an integral part of the internet infrastructure.

In Conclusion

Therefore, Ben Fish emphasizes that blockchain is not just a technology, but a new underlying infrastructure that will be integrated into the daily lives of users. This opens new horizons for the development of cryptotechnologies and their application in various fields, from finance to social media. It is important that developers and companies recognize the potential of blockchain as a reliable tool for creating secure and efficient applications.