# @polynya: Application demand hasn't met expectations leaving 99% of infra unused Source: https://farcaster.xyz/polynya/0x642c1396 ## Summary Polynya argues that the core problem facing blockchain infrastructure is that application demand has grown far below expectations for about five years, leaving over 99% of the infrastructure built unused. The post says that fixing this requires understanding the fundamental properties and limitations of public blockchains and building, improving, and marketing compatible applications. It acknowledges a small increase in application activity since the 2023/24 memecoin trough but calls it a negligible fraction of where the industry should be. The author states they have made this argument since 2022. ## Article There's a lot of scapegoating and blame games happening of late, but all of it misses the forest for the trees. The only real problem that everything derives of: the growth in application demand has been a negligible fraction of expectations for half a decade now, which has left >99% of infrastructure built unused. No amount of posturing over infra will fix this. The only thing that will is understanding the fundamental properties and limitations of public blockchains; building, improving, and marketing applications that are compatible. While there's certainly a tiny bit more of that now than in the trough of 2023/24 memecoin mania, it's a negligible fraction of where the industry should have been by now. Yes, I've said all of this ad nauseum since 2022, to much hate, and until the industry gets its head out of its rectal cavity and goes 99% in on sensible applications, 1% on infra, 0% on gambling, nothing else matters.