fbpx

The Church of Blockchain

A cryptocurrency enthusiast recently launched a blockchain religion. In fact, this doesn’t come as a surprise to anyone because – blockchain is a religion.

Hence, it was only a matter of time before it got its own church.

The Church of Blockchain – Built On Blockchain

During the Seven on Seven Blockchain conference held in New York City in 2018, a crypto-enthusiast launched the blockchain church. Besides, the church of Blockchain (0xΩ) is just a consensus protocol on the Ethereum blockchain. Hence, when the ‘congregation’ contribute a stake in 0xΩ, stakeholders, or should we say, church members, can vote on what best represents their religious identity. Eventually, this process helps the church manage donations, achieve consensus, and choose honest church leaders.

During the conference, the audience was treated to a spectacle aimed at recruiting church members. Specifically, the spectators were handed hard copies of the church’s sacred text called the Flame Paper. Unfortunately, the church’s founders have no intention of taking the document online. In a way, it’s easy to laugh at the idea, but this was also a use case of blockchain technology for transparency. Indeed, the crypto sphere might just deserve its own church.

Has Blockchain Always Been a Religion?

For some time now, the crypto market has presented all the hallmarks of a religion. First, we may consider the mysterious identity of bitcoin’s founder, which has turned him into a somewhat spiritual force. Secondly, we have the promoters such as Roger Ver, who for example, openly refers to himself as “Bitcoin Jesus”. Thirdly, promotional materials for the Ethereum blockchain, depict the Ethereum founder, Vitalik Buterin, in a radiant halo similar to the one associated with Biblical figures. Lastly, the privacy coin Zcash created a spectacle during its launch with a modern ritual dubbed the “Ceremony”, which included five anonymous so-called witnesses.

In the same way, we may also consider crypto twitter as a religious community. On one hand, you have the inter-token heresy, while on the other, there are the evangelists pushing bold prophecies. Also, just like modern-day missionaries, crypto enthusiasts and investors alike passionately spread the blockchain gospel in hopes that more people will see the ‘light’, and convert to relying on cryptocurrencies. In fact, 0xΩ founder, Liston, actually refers to bitcoin as the first “purely capitalist religion”.

Conversely, blockchain technology is not the only technology to give rise to a cult. In particular, former Uber engineer Anthony Levandowski launched a church in an almost similar fashion, known as the Way of the Future (WOTF). In detail, it is the church’s belief that AI is a god. Similar to 0xΩ, WOTF aims at democratizing church member participation. For this purpose, the church has attracted several specialists in the AI field. In fact, the church’s founder also looking to incorporating laymen into the fold via his non-profit.

Last modified: August 30, 2019

Leave a Reply

Your email address will not be published. Required fields are marked *

);