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Sorry, after awhile I've started to feel frustrated with the dominant narrative on HN. When I'm interested to get a feel for the range of crypto projects with

by tern 5y ago

Sorry, after awhile I've started to feel frustrated with the dominant narrative on HN. When I'm interested to get a feel for the range of crypto projects with significant traction, I sometimes start here: https://snapshot.org/#/ https://snapshot.org/#/ But it's hard to point to a single place. There are many worlds in crypto. Twitter is a portal to some. One must go on an adventure. Here's something a friend works on: https://www.regen.network/ https://www.regen.network/ For me, crypto enables experimenting with new kinds of corporate structures. That's what I work on. I think we have a decent shot at replacing the current model—basically psychopathic projections of sick humans minds—with something that won't destroy Earth. It's very hard to do that without programmable money.

koonsolo 5y ago
Oh the irony. First gives a short answer. Other poster is not satisied with that. Then apologizes and gives a longer more informative answer. Then gets downvoted to hell. I wonder if next time, you will still give a longer answer, or just not bother anymore. Welcome to the club.
- CTmystery 5y ago
  Perhaps the downvotes were harsh (I was not one of them, can't downvote :), but the question was "what problem does bitcoin solve?". I'm having a hard time seeing any problem in the parent's comment. Instead of identifying a problem, poster is encouraging us to go on an adventure.
  - koonsolo 5y ago
    For me, I'm tired of really discussing it. I stated a powerful usecase before, but it seems a lot of HNers don't really want a use case, they just want something to bash on. So if you want use cases, you can look it up on the net. And if you want something to bash on, you won't get it from me.
    - CTmystery 5y ago
      I get it, it can def be discouraging. For me, I really _want_ to know what the great problems of the day are that bitcoin/blockchain can solve (or assist in solving). I imagine many others are too. So far, from my cursory reading, I haven't seen anything that makes it click, especially when weighing off against energy costs to our planet.
      - koonsolo 5y ago
        Ok I'll bite :). Energy cost can be very low when using Proof of Stake. For example a 7000 transactions per second network could run on the energy of a single windmill: https://www.reddit.com/r/nanocurrency/comments/7ucw1a/the_entire_nano_network_is_so_efficient_that/?utm_medium=android_app&utm_source=share https://www.reddit.com/r/nanocurrency/comments/7ucw1a/the_en... And for use cases, the second hand car industry is ready for disruption. You could say all blockchain use cases can be also handled by a central database. But this has failed miserably in the car industry. There are plenty of companies trying to log metadata, and as a result none of them have the complete picture. Even data aggregator companies are not able to properly bundle it. Blockchain could offer a very good trustless solution, where you could log a cars history, and a second hand buyer could consult it. Therefore, big names are entering this space, and I'm confident we will see blockchain solutions in that market soon. This is only 1 example: https://www.ledgerinsights.com/mercedes-benz-blockchain-used-car-market/ https://www.ledgerinsights.com/mercedes-benz-blockchain-used... The DHL website also has a nice explanation on their use cases https://www.dhl.com/global-en/home/insights-and-innovation/insights/blockchain.html https://www.dhl.com/global-en/home/insights-and-innovation/i...
voz_ 5y ago
Thanks, that's a good answer. I am not 100% sold that any of these are "problems", but I could at least see why you think they are and pursue "solutions".
kmonsen 5y ago
I think you are right the crypto can solve some problems, perhaps even useful and interesting problems. But I don’t think it currently solves useful problems dot average people. I know that was not your claim, but it could be read as such and many people think that way of crypto. Not saying that will not change in the future.

by tern 5y ago

koonsolo 5y ago

Oh the irony. First gives a short answer. Other poster is not satisied with that. Then apologizes and gives a longer more informative answer. Then gets downvoted to hell. I wonder if next time, you will still give a longer answer, or just not bother anymore. Welcome to the club.

CTmystery 5y ago
Perhaps the downvotes were harsh (I was not one of them, can't downvote :), but the question was "what problem does bitcoin solve?". I'm having a hard time seeing any problem in the parent's comment. Instead of identifying a problem, poster is encouraging us to go on an adventure.
- koonsolo 5y ago
  For me, I'm tired of really discussing it. I stated a powerful usecase before, but it seems a lot of HNers don't really want a use case, they just want something to bash on. So if you want use cases, you can look it up on the net. And if you want something to bash on, you won't get it from me.
  - CTmystery 5y ago
    I get it, it can def be discouraging. For me, I really _want_ to know what the great problems of the day are that bitcoin/blockchain can solve (or assist in solving). I imagine many others are too. So far, from my cursory reading, I haven't seen anything that makes it click, especially when weighing off against energy costs to our planet.
    - koonsolo 5y ago
      Ok I'll bite :). Energy cost can be very low when using Proof of Stake. For example a 7000 transactions per second network could run on the energy of a single windmill: https://www.reddit.com/r/nanocurrency/comments/7ucw1a/the_entire_nano_network_is_so_efficient_that/?utm_medium=android_app&utm_source=share https://www.reddit.com/r/nanocurrency/comments/7ucw1a/the_en... And for use cases, the second hand car industry is ready for disruption. You could say all blockchain use cases can be also handled by a central database. But this has failed miserably in the car industry. There are plenty of companies trying to log metadata, and as a result none of them have the complete picture. Even data aggregator companies are not able to properly bundle it. Blockchain could offer a very good trustless solution, where you could log a cars history, and a second hand buyer could consult it. Therefore, big names are entering this space, and I'm confident we will see blockchain solutions in that market soon. This is only 1 example: https://www.ledgerinsights.com/mercedes-benz-blockchain-used-car-market/ https://www.ledgerinsights.com/mercedes-benz-blockchain-used... The DHL website also has a nice explanation on their use cases https://www.dhl.com/global-en/home/insights-and-innovation/insights/blockchain.html https://www.dhl.com/global-en/home/insights-and-innovation/i...

voz_ 5y ago

Thanks, that's a good answer. I am not 100% sold that any of these are "problems", but I could at least see why you think they are and pursue "solutions".

kmonsen 5y ago

I think you are right the crypto can solve some problems, perhaps even useful and interesting problems. But I don’t think it currently solves useful problems dot average people. I know that was not your claim, but it could be read as such and many people think that way of crypto. Not saying that will not change in the future.