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I think a benefit of blockchains is that a single(ish) protocol can support many different distributed applications. It's sort of like apps that run on Electro
by dcdanko 9y ago
I think a benefit of blockchains is that a single(ish) protocol can support many different distributed applications.
It's sort of like apps that run on Electron, performance might be bad but it's easy on the developer.
- mrguyorama 9y agoExcept blockchains are incredibly complicated, and as the hacks have shown, programming on the blockchain is a great way to create a bug bounty that also shuts down your company
- dcdanko 9y agoDefinitely, blockchains aren't secure in the way that many Ethereum apps seem to think they are. But for certain types of lower stakes applications (say a log running on a mesh network of sensors) blockchains can provide a simple way to do something that could otherwise be fairly complicated. Certain blockchain implementations (I like MultiChain) are really easy to use.