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> It's leaders are seen as infallible This line amuses me because I'm definitely a complete convert in the ethereum cult and I genuinely can't think of anythin
by drcode 10y ago
> It's leaders are seen as infallible
This line amuses me because I'm definitely a complete convert in the ethereum cult and I genuinely can't think of anything Vitalik has ever said that I don't agree with 100% [1]. but I can't help it, he's genuinely an insightful guy that happens to have sensible positions on most issues.
[1] OK he said some dumb things about quantum computing in 2010 when he was like 16 years old.
- brilliantcode 10y agoCurious to know what aspect of ethereum are you excited about that current solutions aren't addressing?
- drcode 10y ago1. People being able to manage their own universal identity instead of using "Sign in with Facebook" 2. Transparent financial markets on arbitrary derivates (like etherdelta.com) 3. Eventually, people authoring and managing their own content, instead of acting as free labor to generate advertising revenue for Twitter/Facebook/etc
- brilliantcode 10y ago1. https://milagro.apache.org/ https://milagro.apache.org/ 2. SEC & IRS will be a roadblock there, eventually. 3. I don't see why blockchain is necessary for that. I fail to see why ethereum would be the only & best solution here for those cases. I just don't see anything special about it, at best its an unscalable and insecure medium given what we've seen in the past with DAO (now starting another one!) and subsequent editing of blockchain ledger (effectively signaling distributed consensus is not possible with profiteering mixed in).
- drcode 10y agoMilagro is basically a poorly thought out copy of a federated blockchain system. I can't take it seriously as a technology, sorry.