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I like making stuff. I haven’t yet been able to figure out what web3 is actually useful for right now outside of making money off of speculation. I’m trying to.
by ericd 5y ago
I like making stuff. I haven’t yet been able to figure out what web3 is actually useful for right now outside of making money off of speculation. I’m trying to.
But BTC seems extraordinarily inefficient (~$200 “spent” securing the chain per transaction, and what happens once mining dries up?). ETH seems extraordinarily inefficient (run the same code everywhere, burn a shitload of money/gas doing it). I don’t know enough about the others, so maybe the usefulness is elsewhere.
I do like the fact that all these chains seem like effectively open apis for everything, though. It gives me hope for a more interoperable future. I just wish there was some obvious fundamental underpinning to the value.