Crypto Market Commentary
27 January 2020

Doc's Daily Commentary
The 22 January ReadySetLive session with Doc and Mav is listed below.

Mind Of Mav
JAMstack And The Future Of Web Development
At the core of our continued exploration of the cutting edge in the technology and internet space, one aspect is a constant: performance.
Often, we measure blockchains in terms of their TPS (transactions per second) and we often measure websites in terms of their load times.
While “best practice” in blockchain isn’t easily defined, as the slowest architecture is the most widely adopted, there are more defined conventions in modern web development.
For example, we could assume the default global baseline is a ~$200 Android device on a 400Kbps link with a 400ms round-trip-time (“RTT”). This translates into a budget of ~130-170KB of critical-path resources, depending on composition — the more Javascript you include, the smaller the bundle must be. This gives us a ceiling of <5 seconds for the first load of a website, and <2 seconds for subsequent loads.
If you weren’t aware, Javascript is really, really big. When we talk about JavaScript, we’re not just talking about the language — we’re talking about the plethora of projects, libraries and programs which have spawned around it, and have enjoyed their own runaway successes.
However, this has come with some costs. Principle among them is bloat. We can see that over the past decade that websites have increasingly become more and more complicated leading to longer load times.
While a few seconds here and there don’t seem more than trivial, the increased weight of these sites and their increased load times cause website outages, critical infrastructure to go down, and limit the capabilities of those using older devices and infrastructure.
Of course, we have Moore’s Law to thank for ever-increasing web capabilities. Modern hardware and internet infrastructure can handle an entire galaxy’s worth of extra data transfer. But, like ever-expanding suburbs and the highways that connect them, extra capacity soon gets filled up as we expand in every direction.
Just like blockchain, we need the web to be fast and functional. Eliminating Javascript and going back to the dark ages of HTML-only sites is not a possibility, so we need to get clever.
One way is to engineer better solutions. For example, a recent development was to switch from client-side rendering to server-side rendering, ultimately shaving off a large amount of the time needed to fully display a webpage. Couple with the proliferation of cloud computing and higher bandwidth solutions, this had a dramatic impact without having to change much of the underlying nature.
At the same time, we’ve seen the nature of web development changing overtime.
One big one is the switch to Git over FTP over the last decade, drastically improving the ability to implement version control and rapidly deploy changes to a website or project.
Secondly, as we discussed last Thursday, the API economy has really taken off. This allows you to outsource core functionality of your business and website to those services which are world-class executions of that particular niche.
Need payments? Use Stripe.
Want to send a huge email blast? Use Sendgrid.
How about a text message blast? Use Twilio.
As businesses fight to become more agile and stay relevant, technology has evolved to support it.
So, we take the core ideas behind the API economy — build something using best-of-breed pieces — and apply that to website functionality.
Thus, JAMstack was born to meet that need.
JAMstack stands for Javascript, APIs, and Markup. It’s a beautiful union of modern technology, software-as-a-service and the core founding languages of the web. It provides:
Reduced cost
Faster speed-to-market
Increased security
Higher scalability, availability, and reliability
Reduced vendor lock-in
The JAMstack movement encourages avoiding server-side rendering completely in favor of pre-build, purely static HTML pages. By serving only JavaScript, APIs, and Markdown (JAM) over a CDN, a website’s performance is dramatically increased, making for a much better user experience.
When we compare to our earlier graphic, you can see that we are capable of lightning-fast websites that often load in <2 seconds:
But, importantly, performance isn’t the only thing we’re addressing here.
After all, one of the chief complaints about the JAMstack movement is that it’s a buzzword to describe an over-engineered solution looking for a problem that was solved by basic websites 20 years ago. Of course, simple is faster!
And yes, to a degree that’s accurate.
But, I also think it misses the larger context in which JAMstack operates.
As the web has gotten larger, more ubiquitous, and more complicated, it has also become bloated. This is exacerbated as more users with less compute power access the internet, be that IoT devices or mobile phones.
Just like our modern economy, it’s important to recognize that both JAMstack and blockchain aren’t attempting to completely overhaul the entire system.
Instead, it’s better to look at them as radical solutions attempting a new solution to old problems which will help us build better systems moving forward.
Blockchain and JAMstack aren’t solutions for every problem and situation, but they are alternatives which uplift the aggregate and push for a new direction.
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An Update Regarding Our Portfolio
RSC Subscribers,
We are pleased to share with you our Community Portfolio V3!
Add your own voice to our portfolio by clicking here.
We intend on this portfolio being balanced between the Three Pillars of the Token Economy & Interchain:
Crypto, STOs, and DeFi projects
We will also make a concerted effort to draw from community involvement and make this portfolio community driven.
Here’s our past portfolios for reference:
RSC Managed Portfolio (V2)
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RSC Unmanaged Altcoin Portfolio (V2)
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RSC Managed Portfolio (V1)