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Censorship resistance isn’t worth billions, and how much actual utility does decentralization buy you relative to the inherent performance costs of a decentrali
by freen 5y ago
Censorship resistance isn’t worth billions, and how much actual utility does decentralization buy you relative to the inherent performance costs of a decentralized system?
I don’t buy it.
- arberx 5y agoCool, I don't care if you buy it. The question asked: "What are the projects you’ve seen that are doing compelling, novel, valuable work?" ENS fits that category. Peer to peer lending is cool too.
- dekervin 5y agoThere seems to be around 277 millions dollars in addresses attached to Ethereum Name service[1]. So apparently the data says some people, somewhere, do care. [1] http://datapeek.org/?explorer_view=quest&quest_id=quest_20210724_190646_673148 http://datapeek.org/?explorer_view=quest&quest_id=quest_2021...
- freen 5y agoYes, and individual tulip bulbs were at one point valued at 10x the annual salary of a skilled artisan, so around $1mm each. Fools and their money.
- dekervin 5y agoIt's a weird argument to make in this sub-thread. You started it by asking for "projects you’ve seen that are doing compelling[...]work". You got an answer. You questionned its economic value. You got an answer. At this point, there are tons of other valid arguments you could have made ( it's too small, it's only one,etc ). But you chose "reductio ad tulipum". It doesn't speak well of the strength of your case. Either that or you simply are not open to reconsidering your position, under any circumstance.