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Crypto provides better incentives for strong network security than any other security tech: has the bitcoin protocol base layer ever been compromised? Compare i
by jkepler 5y ago
Crypto provides better incentives for strong network security than any other security tech: has the bitcoin protocol base layer ever been compromised? Compare its network security against any other corporate or government network, and see if bitcoin doesn't provide some value.
Then look at the ION decentralized identity project Microsoft and others are building in top of it, or Peter Todd's decentralized document integrity attestation project, opentimestamps.org/, or how the bisq.network project has innovated a historically new way of working, where contributors are paid for improving a software project, yet no one is in charge and no funds or data are pooled, avoiding honeypots.
- salt-thrower 5y agoTons of people and organizations have been building blockchain-based solutions for [vague use case] since like 2010. Announcing that someone is building something on top of the bitcoin protocol is like saying someone is building the next wave of Machine Learning, Big Data, or other [tech buzzword]. I'll believe it when it proves itself in real life, not as a thought experiment or speculation casino.