Encrypt money and block chain, which kind of network effect more important?

Absrtact: Now there are 5 kinds of encryption technology platforms emerging, as shown in the following illustration: Note: The non-bitcoin in the image below is the platform for establishing your own encrypted currency; a non-bitcoin block chain refers to the creation of its own flat

without using the existing chunk chain of Bitcoin.

There are now 5 types of encryption technology platforms emerging, as shown in the following illustration:

Note: The "non-bitcoin" in the image below means that establish their own encryption of the currency platform; "Non-bitcoin block chain" refers to the use of the existing block chain of Bitcoin, and build the block chain of its own platform; non-bitcoin consistency (consensus) means not using Bitcoin and block chains, But use the "distributed consistency (distributed consensus)" of the Bitcoin system to build the platform.

bit currency + bitcoin block chain: Bitcoin bitcoin + non-Bitcoin block chain: Blockstream,truthcoin. Non-bitcoin + bitcoin block chain: Factom,mastercoin,nxt,counterparty. Non-Bitcoin + non-Bitcoin block chain: Ethereum,bitshares,truthcoin,litecoin,paycoin. Non-Bitcoin consistency (consensus): Ripple,stellar,hyperledger,tendermint,pebble,open transactions.

Another more complicated thing is that platforms like Truthcoin have two currencies: their own developed currencies and Bitcoin. Other platforms like Ethereum allow you to create your own encrypted currency.

I want to ask some questions, but I won't answer them completely, but you can see my bias, and I tend to think of block chain app as the ultimate means of network effect.

Yes, the money effect can bring liquidity, but the block chain effect will bring the app, both of which have users.

Is the encrypted currency still in the right?

Remember, 99% of the gains in the Bitcoin network are linked to mining. But in the future, earnings from trading will increase.

What about the developers?

Although encrypting money requires a user, I think the most important thing in the block chain is the developer. It is the developers who create various applications.

What about Synergy?

In the end, we will see some degree of synergy between this block chain, and we'll see more interoperability between encrypted currencies. Of course, if all apps are in the same block chain, it's simpler to collaborate, and it will bring a network effect, but that's not the most important factor if the block chain works well together. Encrypted currencies have liquidity, and the synergy between them is obtained by trading, as long as a cryptographic currency is allowed to be simply exchanged for another encrypted currency.

Now back to the main question you think

Encrypt money and block chain, which kind of network effect more important?