In the early days of the Internet, companies like AOL and Prodigy built closed networks that were incompatible with any other network. This meant that users could only access content and services within those siloed ecosystems.
But, through products like Netscape Navigator and Microsoft’s Internet Explorer, the Internet eventually became an open platform where anyone could build on top of existing infrastructure. This openness was key to its explosive growth and resulted in innovations we now take for granted, like Google and Facebook.
Today, we are on the cusp of a new era of openness enabled by blockchain technology. This new wave of open infrastructure–often referred to as Web3-holds the promise of even more radical innovation and growth. The advantages of the decentralized structure of Web3 include increased transparency among participants, elimination of the need for 3rd parties, and lower costs. Composability, or the ability of different applications to work together and build on each other, is an extension of these advantages.
One of the most exciting aspects of composability is that it enables a multitude of use cases. For example, developers can use existing programs and build on top of them to create new applications. This open code and interoperability open up a world of possibilities for improving existing dApps, connecting various dApps to each other, and developing new standalone dApps.
At a broad level, there are two types of composability: syntactic and atomic. Syntactic composability refers to viewing components as independent building blocks that can be combined to form entirely new systems. For instance, a crypto swap smart contract is a building block that anyone can use to create a new application. And because these building blocks
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