Explore how the Lindy effect, rooted in predicting the lifespan of non-perishable assets, sheds light on the durability and longevity of blockchain solutions.
The Lindy effect (also known as Lindy’s Law) is a theory that holds that the life expectancy of a non-perishable thing, such as a technology or cultural phenomenon, is directly correlated with its age.
Broadway actors used to gather at New York’s Lindy Deli, where author Nassim Nicholas Taleb first introduced the term. The Lindy effect would indicate that a Broadway show’s longevity would be approximately the same if it ran for a specific amount of weeks. This principle implies that the longer something has existed, the longer it is expected to continue existing.
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Source: https://cointelegraph.com/explained/what-is-the-lindy-effect-and-how-does-it-apply-to-blockchain