Diffusion of innovation, cryptography?

Hello,steemiter

Today we will look at diffusion of innovation (DOI) and cryptography.
The DOI is the theory by Everett Rogers to explain the spread of innovation in 1962.
A model of how innovative ideas are spreading at what, why, and at what speed.

The most representative model is the following graph.

(Image from google)

When there is a new innovation, the innovators who make up 2.5% of the society at the beginning participate in it. They take risks, considering that a product or technology can fail. According to his book,

They are generally high in social status, have a lot of capital, are social, and quickly come up with new technologies. It also tries to analyze new innovations scientifically and has a close relationship with other innovations. Their rich social, economic and technical assets help them to accept technologies that they may fail.

The second group is early adopters. They account for about 13.5% of the population, followed by innovators, and then innovators.

They have the highest level of opinion leadership among innovators (due to their relatively large population). Early adopters have a high level of social status, financial liquidity and education and are socially advanced. They are more innovative than innovators
I am careful. They accept innovation wisely to be accepted into the central media.

If early adapters accept the majority, then proceed to the next step.
According to Maloney's 16% rule, this step is a tipping point and is the starting point for the majority of people in the future. If any innovation goes beyond this point, it can be predicted that most people will use it in the future. An important point.

(Image from google)

The third group is the early majority. These are prisoners whose innovators take risks and quickly accept innovations that early adopters have carefully tested.

They accept innovation much later than innovators and early adopters. The early majority wave goes beyond the average social status and contacts the early adopters. However, it is unlikely that the system will maintain the position of opinion leadership.

The fourth group is the late majority.

They adopt innovation following average participants. These individuals approach innovation at a high level of skepticism and after the majority of society adopts innovation. The latter majority is generally skeptical of innovation, characterized by an above-average social status and lack of liquidity. They are skeptical of contact with innovators, early adopters, and early majority leadership.

The last group is the Laggards. They hate change very much and hope the world will win. Accept technology only when social change is inevitable.

They are the last to adopt innovation. Unlike some of the previous categories, individuals in this category have little or no opinion. This person usually hates agent changes. The recession typically tends to come into contact only with "tradition", the lowest social status, the lowest financial liquidity, one of the oldest inmates and family and close friends.

What is the proliferation of our innovation?
We have already taken several steps to spread the innovation. The most representative is the time to switch from feature phone to smartphone.

The very first innovators have gone overseas and tested it, even if the smartphone did not pass the domestic radio certification.
They also took the risk of not being able to use them.
As early as the smartphone appeared, early adopters quickly accepted after careful verification.
After some early adopter verification, tipping point started.
The early majority will buy a lot of smartphones.
The latter majority feel like losing a smartphone is lagging behind, so you use it.
Leger still enjoys feature phones, but if you do not use a smartphone, you will start to accept it because it is alienated from such and such services.

The spread of these innovations can be found in drones, Internet shopping malls, smart watches, and so on.
It is important to note that not all technologies spread to all populations. For example, SmartWatch is used by early adopters, but has not exceeded the tipping point, so most of them are not available. To go beyond these points, you have to cross various barriers such as usability and economics.

The Proliferation of Cryptographic Innovation
So what is the evolution of cryptographic money?
I think it is at least the stage of innovator and early adopter.
There is a risk that the cipher currency will be split into half for the hard fork now, and it seems to be the level to invest and use it.
Thus, current cryptographic investors and users can be seen as innovators.

Cryptography seems to be an early technology that looks promising, but has not yet reached the category of early adopters.
It will be important to go beyond the tipping point as it is accommodated by early adopters who are wise and careful in the future.
To do this, it is wise to invest in a currency that is both usable and economical.
Usability means that tx should be fast enough and embrace very large numbers of users.
Economics should be able to implement a very low fee or a free fee when transmitting.
My favorite cipher, BitShare and Steam, seems to satisfy this.

I hope that the cipher money you invest in goes beyond the tipping point in the spread of innovation.
Strictly agree :)