The development of decentralized applications faces significant user experience challenges, which must be addressed for mainstream adoption to occur.

The future of decentralized technology will depend on overcoming user experience barriers and creating applications that meet consumer needs effectively.

There are many interesting projects to watch, including Ethereum, OpenBazaar, Zcash, and others that are building on new decentralized networks.

Projects like Ethereum and Bitcoin are examples of decentralized systems that can provide better unit economics compared to centralized planning.

Building a strong developer ecosystem is incredibly challenging, but it's essential for the platform's success.

Payment networks function as marketplaces, and while they are challenging to establish due to the chicken-and-egg problem, once solved, they can create very sticky businesses, as seen with successful companies like Airbnb and DoorDash.

The rise of digital currencies and improved hardware infrastructure are key factors that differentiate today's decentralized projects from those in the past.

A successful business model in open source involves leveraging community contributions to drive innovation and reduce costs, as seen with Drupal's development.

Open source platforms allow users to modify and extend functionalities, which can lead to widespread adoption and innovation.