Grigore Roșu, the founder and CEO of Pi Squared, challenges the notion that blockchain is indispensable in Web3. While blockchain addressed the double-spending issue, its total ordering system poses limitations on scalability and flexibility. Alternative systems like FastPay and Linera demonstrate that decentralized systems can function without rigid total ordering. The shift towards modular blockchain frameworks like Celestia indicates a move towards more adaptable infrastructure. Roșu emphasizes the need for protocols prioritizing verifiable payment systems over total ordering to enhance throughput and user experiences. As Web3 evolves, blockchain's role may transition from a master ledger to a decentralized verifier within a more agile stack. Despite resistance from vested interests, the future of blockchain lies in adapting to a changing landscape. Roșu's insights suggest that embracing flexibility and innovation will be key in navigating the evolving Web3 ecosystem. Read more AI-generated news on: https://app.chaingpt.org/news

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