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With apologies to my European friends (I’m also European), this article illustrates how the EU is a second rate sucker in technology. While they boast and belie

With apologies to my European friends (I’m also European), this article illustrates how the EU is a second rate sucker in technology. While they boast and believe that they’re cutting edge because they’re investing in Blockchain, the likely reality is that they’re jumping on a false trend and Blockchain and its thousands of buzzwords will fizzle out, as it’s sustained only by fomo and speculation.

RealStickman_ 5y ago
That's only one of the protocols they're funding though. The others being IPFS and WebRTC.
y4mi 5y ago
As neither webrtc nor ipfs have anything to do with the Blockchain I'm guessing your talking about their Ethereum focus and I have to agree. but you have to admit that eth probably sounds like a great idea for non programmers. Implementing smart contacts that do non trivial stuff is just basically impossible, but it's a very interesting concept to run code if it were. Non-programmers just don't really realize how error riddled the average software is, so they get caught on the promise itself.
- tick_tock_tick 5y ago
  I think they are calling out to the IPFS and Filecoin relationship. The projects used to be much closer but have move apart. https://docs.filecoin.io/about-filecoin/ipfs-and-filecoin/ https://docs.filecoin.io/about-filecoin/ipfs-and-filecoin/
  - y4mi 5y ago
    Sure, but wasn't ipfs released long before filecoins were added to the mix? Edit: they're both from summer 2014, so I was mistaken. https://news.ycombinator.com/item?id=8069836 https://news.ycombinator.com/item?id=8069836 https://news.ycombinator.com/item?id=8054571 https://news.ycombinator.com/item?id=8054571
908B64B197 5y ago
I'm curious who oversees these expenditures, and what their qualifications are. Governments typically have sub-par IT and software engineering (when done in house). When it's venture capital, investors are playing with their own money*, so there's a good incentive to be right and pick the right people/tech. But here, it seems like it's bureaucrats that are going to be deciding what to invest in, isn't it? DARPA got it right a couple of times in the past, so I could be wrong.

RealStickman_ 5y ago

That's only one of the protocols they're funding though. The others being IPFS and WebRTC.

y4mi 5y ago

As neither webrtc nor ipfs have anything to do with the Blockchain I'm guessing your talking about their Ethereum focus and I have to agree. but you have to admit that eth probably sounds like a great idea for non programmers. Implementing smart contacts that do non trivial stuff is just basically impossible, but it's a very interesting concept to run code if it were. Non-programmers just don't really realize how error riddled the average software is, so they get caught on the promise itself.

tick_tock_tick 5y ago
I think they are calling out to the IPFS and Filecoin relationship. The projects used to be much closer but have move apart. https://docs.filecoin.io/about-filecoin/ipfs-and-filecoin/ https://docs.filecoin.io/about-filecoin/ipfs-and-filecoin/
- y4mi 5y ago
  Sure, but wasn't ipfs released long before filecoins were added to the mix? Edit: they're both from summer 2014, so I was mistaken. https://news.ycombinator.com/item?id=8069836 https://news.ycombinator.com/item?id=8069836 https://news.ycombinator.com/item?id=8054571 https://news.ycombinator.com/item?id=8054571

908B64B197 5y ago

I'm curious who oversees these expenditures, and what their qualifications are. Governments typically have sub-par IT and software engineering (when done in house). When it's venture capital, investors are playing with their own money*, so there's a good incentive to be right and pick the right people/tech. But here, it seems like it's bureaucrats that are going to be deciding what to invest in, isn't it? DARPA got it right a couple of times in the past, so I could be wrong.