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>but it's been more than 10 years since bitcoin emerged with the promise that the blockchain would have world-changing repercussions and _I still don't see even
by iskander 5y ago
>but it's been more than 10 years since bitcoin emerged with the promise that the blockchain would have world-changing repercussions and _I still don't see even one meaningful application of the technology_ ?
I see this critique often but I don't get it: bitcoin was essentially an early prototype, the story of crypto since gone through lots of twists and turns. Make it programmable (ETH), try to make it scalable in one chain (lots of failures, now things like Solana), figure out how to split consensus/data/computation (current ETH L2 road map).
The technology is still young and evolving.
There are a lot of other things worth critiquing (PoW is wasteful, permission-less systems are socially bad, &c) but saying "this technology has been here for 10 years" misses that it's a big complex roadmap, a lot of which (like zero knowledge rollup L2s) just showed up this year.