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Agreed. Ethereum seems like a pretty cool iteration on what bitcoin was able to achieve, but just like with bitcoin we're left with a gigantic deficit when we s
by vectorpush 10y ago
Agreed. Ethereum seems like a pretty cool iteration on what bitcoin was able to achieve, but just like with bitcoin we're left with a gigantic deficit when we subtract real-world-applicability from the incredible levels of hype.
Running arbitrary decentralized code on a shared public ledger... I have to admit that this is pretty damn cool and I feel confident that there will be some useful projects or developments that will eventually emerge from this technology, but at the moment there aren't any obvious problems that this technology solves better than the existing centralized solutions. I saw a lot of talk about "autonomous corporations" in previous Ethereum threads, but it seems pretty clear that these entities are not capable of much autonomy beyond shuffling around eth between other Ethereum wallets/entities.