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Given the amount of hype and money dumped into projects, and nothing more coming out of it more than crypto-currency which already existed and started the trend
by kjaftaedi 7y ago
Given the amount of hype and money dumped into projects, and nothing more coming out of it more than crypto-currency which already existed and started the trend.. i'd say 10 years is more than generous.
- quickthrower2 7y agoI think blockchain is mismatched with how society operates. With blockchains math is king. If your keys are compromised your screwed. There is no appeal court. You’ve lost your money, domain name or reputation or whatever you had secured on it. That’s not great for a lot of applications. Also it’s just slower and more resource intensive that other data stores. Ever tried to sync the Ethereum blockchain? I couldn’t get it to happen. So there is no clear advantage to using a blockchain. That said there might be a lot of fun geeky “uses” like creating smart contracts that you share about and use. But the practical problem is the transaction and conversion costs and currency fluctuations make it hard to take that from fun to useful for business.