Does the simple model capture the innovation process in the cryptocurrency ecosystem?
Could you elaborate on whether the simplistic framework adequately encapsulates the intricate innovation dynamics within the ever-evolving cryptocurrency landscape? Is it perhaps too narrow in scope to comprehend the rapid advancements, disruptive technologies, and collaborative efforts that drive this thriving ecosystem? Or does it offer a foundational starting point, albeit requiring further refinement to fully encapsulate the complexity and ingenuity inherent in the field?