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It's not about the crypto for me.It's about the technology behind them that excites me. Blockchain is definitely worth the hype in my opinion. Reading this arti
by mentalgainz 9y ago
It's not about the crypto for me.It's about the technology behind them that excites me. Blockchain is definitely worth the hype in my opinion. Reading this article got me even more excited on the applications of blockchain:
https://passivetalks.com/the-top-venture-funded-blockchain-technology-companies/ https://passivetalks.com/the-top-venture-funded-blockchain-t...
- wybiral 9y agoCrypto is the tech behind the blockchain. And the blockchain is the tech behind these cryptocurrencies. How did "crypto" start to mean "cryptocurrency" to people? When this cryptocurrency stuff crashes I hope there isn't some media backlash against crypto, in general.
- jjn2009 9y agoI can understand the way people feel about blockchain but a backlash against what boils down to mathematics is a futile exercise.
- wybiral 9y agoUnfortunately ignorant people have been known to conduct exercises in futility.
- pimmen 9y agoI actually kind of do hope there is. In a climate of sceptics only the strongest businesses survives. When there's a bear market, I look around at what companies are still doing good and snatch some shares. Intelligent VCs that really understand and value the tech are going to make a killing and good, sound business plans become the norm rather than the exception for crypto companies then. Sure, the engineer in me weeps that all the cool technical progress might slow down when investor money dries up after a burst bubble, but hopefully academic institutions will pick up the slack.
- thisacctforreal 9y agoOP meant "backlash against crypto in general" as in backlash against cryptography in general. OP was using "crypto" as short for cryptography. I remember telling one of my relatives that I was looking into schooling for cryptography, and they had it confused for cartography. Crypto might end up being colloquially short for cryptocurrency in mainstream circles.
- pimmen 9y agoYeah, I understand, and there's lots of problems left for engineers to work on when it comes to cryptography in general, such as in embedded systems now that self driving cars and IOT devices become prime targets. I think it's good if investors raise their eye brow sceptically and say "a cryptography company you say?" thinking about a cryptocurrency bubble, because then us engineers really have to step up our game and show rather than tell what we can do. As it is now, you just have to speak about the future rather than actually implement something at a reasonable cost today before investors go nuts, as evidenced by the subject of the OP's article.
- skinnymuch 9y agoCrypto is the tech. It's cryptography/cryptology and has been important and studied for a long time.