# The fundamental values of the crypto community

Source: https://jaack.montaigne.io/the-fundamental-values-of-the-crypto-community
Kiwi News: https://news.kiwistand.com/stories/The-fundamental-values-of-the-crypto-community?index=0x66916058effa3993c612ff1dcccb15aa598bb8b8f0a79a4d080d3ed0001cd6095ab4dce5
Submitted by 0x45cC...BF22 on 2024-07-12 UTC, 5 upvotes, 0 comments

## Summary

The author argues that blockchains fall into three generations, each with a distinct value system, and that all three advance onchain activity. First-generation coins such as Bitcoin, Zcash, Litecoin, Dogecoin and Namecoin carry a "monetary freedom" ethos of a permissionless global payment system. Ethereum, launched in 2015 with a "World Computer" narrative, added smart contracts and DAOs and an ideal of broad social freedom. Third-generation platforms such as Avalanche, Cosmos, Solana and NEAR were built for high throughput and are more pragmatic and enterprise-focused.