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Tron VM has a beta release out, but it's not a priority currently. They're working on building and stabilizing the blockchain first. Dapp partnerships are comi
by kookiekrak 8y ago
Tron VM has a beta release out, but it's not a priority currently.
They're working on building and stabilizing the blockchain first. Dapp partnerships are coming but you cant have people commit to building on a nonexistant blockchain ;)
- brokensegue 8y agodapps are a dud. just look at all the dapps eth has
- mkirklions 8y agoI havent tried using them, but what makes them stink? Expensive/Slow?
- cornholio 8y agoEnsuring the integrity of your distributed application by running the same code on every node in the network is a fundamentally bad idea. It only makes sense in zero trust, monetary applications like Bitcoin and Ethereum itself - or speculative tokens built on top of them.
- spookthesunset 8y ago> It only makes sense in zero trust, monetary applications like Bitcoin and Ethereum itself - or speculative tokens built on top of them. Which only make sense in a very narrow "technically correct" kind of way. From a larger perspective they still don't make sense. Pissing away small countries worth of electricity to validate an incredibly small number of transactions is a horrible idea. ...And that is just one of the deep, fundamental flaws in blockchain-based currency.
- cornholio 8y agoThe duplicated code can be as simple as a few cryptographic operations for each broadcasted transaction. This can easily scale to tens of thousands of nodes and transactions per hour without requiring significant computing resources over the baseline of running a high bandwidth internet node. When the consistency algorithm is proof of work chains, or when the proof of work is used to control the scarcity and disbursement of the valuable token, only then you have the whole "world turning into fucking Mordor" problem.
- shp0ngle 8y agoNo connection to the actual world outside of the blockchain. So mostly they are gambling apps (with source of randomness the blockchain itself), exchanges, or artificially scarce "collectibles" (like cryptokitties).
- godzillabrennus 8y agoI’ve been at BEF the last couple of days and http://www.dapp.com http://www.dapp.com is exhibiting. They are launching a service to help promote these kinds of decentralized apps. Might be a bit too early. Don’t know if the market is even close to ready.
- brokensegue 8y agoyeah the issue isn't promotion. there's just no compelling services
- haakon 8y agoSeriously, do take a look at it: https://dappradar.com/ https://dappradar.com/ The most used dapp had just over 4000 users in the last 24 hours, while CryptoKitties, arguably the most famous dapp, didn't even have 400.
- brokensegue 8y agoAll the most used dapps are games and distributed exchanges for coins. Distributed exchanges do not justify the existence of these coins (which are meant to power distributed apps not just be tokens for speculation). The games don't need to be dapps they are just novelties. Find me a dapp that isn't one of those two things with appreciable usage and I'll be impressed.
- GuthL 8y agoYou can start looking into Dai which serves as a stable coin using collateral or more generally into Security Tokens (here an explanation on STO https://medium.com/crypto-oracle/prepare-yourself-the-security-token-tsunami-is-about-to-hit-9d5517caff49 https://medium.com/crypto-oracle/prepare-yourself-the-securi...) Those are going to be big very soon!
- brokensegue 8y agoI'm well informed already about these things. Note that neither of them have significant adoption. Security tokens are a Bad idea. Dai is basically only useful for speculating on cryptocurrencies and so I dismiss it like I dismiss exchange dapps. This whole industry can't be built on speculating on the value of nonces.
- faizanbhat 8y agoCould you elaborate on why you believe security tokens to be a bad idea?
- brokensegue 8y ago
- nvr219 8y agoturn that dapp into a dab