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Blockchain wasn't at first about avoiding eyes of the state, but tyranic control of the state, or any other authority. Then projects allowing secrecy appeared.
by mrfinn 5y ago
Blockchain wasn't at first about avoiding eyes of the state, but tyranic control of the state, or any other authority. Then projects allowing secrecy appeared.
Coins like Ethereum pushed way forward, via smart contracts, the possibilities available in cryptocurrencies. Then others like Chainlink added again a whole new level of possibilities connecting the smart contracts to trusted real world data. That goes way beyond the scope of financial instruments, a whole world of automated business can be built on top of that. BTW blockchain is outdated technology, is doesn't scale enough for being able to handle a massive use of cryptocurrencies.