“Metaverse” is on fire. What does it have to do with the blockchain?

Hi, do you know the Metaverse?

Recently, a novel concept term “metaverse” has quickly become popular on the Internet. Facebook’s founder and CEO Zuckerberg described it as the “physical Internet.” In China, “Meta Universe” has also quietly become popular among young people.

So, what is the meta universe?

In the movie “Fast and Furious”, the protagonists drive cars around the world to punish evil and promote good. The dangerous plot makes the audience hooked. However, whether it is driving a car or catching criminals, this can be achieved in today’s video games. However, compared with video games, “Meta Universe” can do more: you can not only experience the speed of a car when it is speeding, but you can even feel the pressure of the wind blowing on the face-immersion, this is “Meta Universe.” One of the most attractive features of the concept right now.

The term meta-universe originates from the combination of “meta” (transcendence) and “verse” (universe), which means “surpassing reality universe”. It was first proposed by science fiction writer Neal Stephenson in his science fiction novel “Snow Crash” in 1992. In the book, Neil Stephenson describes an online world parallel to the real world and named it “Metaworld”. All people in the real world have a “network clone” in Metaverse . This “metaverse” is called “Metaverse” in the English original. It consists of two roots: Meta and Verse. Meta means “transcendence” and “yuan”, and verse means “universe”.

"Metaverse" is on fire. What does it have to do with the blockchain?

Neil Stephenson and “Avalanche”

According to the definition of Wikipedia, “Meta universe is a collective virtual shared space, including the sum of all virtual worlds and the Internet, including but not limited to derivatives or copies of the real world, but not equivalent to augmented reality technology. This term is often used Describing the future iterative version of the Internet refers to the perceptible virtual universe formed by the interconnection of many 3D virtual spaces that are shared forever.” More vividly, the meta universe is like the Internet-based, permanently online depicted in the movie “Number One Player” Digital space.

"Metaverse" is on fire. What does it have to do with the blockchain?

“Ready Player One”, Steven Spielberg

The summary of “Ready Player One” is the best exposition of the meta-universe: in 2045, the real world on the verge of chaos and collapse is disappointing, and people pin their hopes of redemption in the “oasis”, one by James Halliday ( (Marc Lillance) is a virtual gaming universe created by himself. As long as people wear a VR device, they can enter this virtual world that contrasts sharply with reality. In this world, there are prosperous cities, players with different images and brilliance, and classic characters in film and television games of different dimensions can also gather here. Even if you are a loser struggling on the margins of society in reality, you can still become a superhero in the “oasis”, and even distant dreams become within reach.

The meta universe not only includes the latest technologies and applications such as artificial intelligence, big data analysis, mixed reality, blockchain, and the Internet of Things, but also includes a deep understanding of the economy, human nature, community, mind, and consensus, although it only describes a small Part of it, but the “oasis” in this movie can help us understand the concept of meta universe in detail.

Metaverse has four technical pillars: blockchain, games, network computing power, and VR display. And there are five major characteristics: reliable economic system, virtual identity and assets, strong sociality, immersive experience, and open content creation.

They are all important elements of the meta-universe, and none of them are indispensable.

However, the most important pillar of its four technical pillars is the blockchain. Blockchain technology can provide a decentralized settlement platform and value transfer, as well as a transparent and deterministic implementation mechanism for rules, so that it can guarantee its security. Value ownership and circulation, so as to realize the efficiency and stability of the economic system. As a large-scale platform that carries human virtual activities, Meta Universe has a natural monopoly on traffic. The business model of Metauniverse led by a centralized platform will inevitably lead to a larger-scale monopoly and control. This is a result that is more unacceptable than Internet monopoly, and it is also not conducive to the long-term development of Metaverse. The blockchain technology can solve the problem of decentralized value transmission and collaboration of the platform, and solve the monopoly problem of the centralized platform.

In the related technology of Metaworld, if there is no blockchain, Metaverse may always be a game form, but the blockchain has opened up the bridge between this virtual world and reality, turning the “virtual world” into a “parallel universe” “. Its significance lies in ensuring the security of users’ virtual assets and virtual identities, realizing value exchange in the meta-universe, and ensuring the transparent execution of system rules. Therefore, the blockchain is also known as the complementing stone of the meta universe.

It is not difficult to guess that the birth of a new concept is bound to arouse the attention of the capital circle. At present, on a global scale, Microsoft, Apple, Facebook, and domestic Internet leading manufacturers have all made arrangements in this emerging field. Facebook’s Zuckerberg proposed to transform Facebook from a social media company to a meta-universe company in the next five years or so.

The meta universe is a new world brought about by the big bang of technology, and it is also a new way of life in the future. Whether it is entertainment, consumption, social interaction or work, it may be integrated with the meta universe . The technical value of the blockchain will also gradually appear in Metaverse’s continuous promotion of the deep integration of the real economy and the digital economy, providing Metaverse with an open, transparent, and decentralized collaboration mechanism. Of course, the meta-universe is still people’s reasonable imagination about how future technology will change people’s lives, but when the blockchain, VI, cloud and other technologies are truly immersed in the meta-universe, the intersection of virtual and reality will inevitably collide with brilliant sparks. , Are you looking forward to it?


Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/metaverse-is-on-fire-what-does-it-have-to-do-with-the-blockchain/
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