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I think you are over-simplifying the conclusions of the article. The article presents a much more nuanced view, and while it points to certain limitations and d

I think you are over-simplifying the conclusions of the article. The article presents a much more nuanced view, and while it points to certain limitations and deficiencies of Web 3.0 (and that only on the Eth part of it; we are in a multi-blockchain world now), it also points to several strengths of the growing ecosystems, and mostly comes across as humble; not knowing how its all going to turn out.

intrasight 5y ago
Yes - a bit over-simplifying I admit. And Moxie said that it's "early days". However it turns out, it'll be fun to watch.
- arcticbull 5y ago
  To be fair Moxie says it's only "early days" in the sense that the technology has failed to advance, since of course a significant quantity of time has passed since inception. In some ways, cryptocurrency’s failure to scale beyond relatively nascent engineering is what makes it possible to consider the days “early,” *since objectively it has already been a decade or more*.
  - SubiculumCode 5y ago
    To be fair, (and I am by no means a fanboy), blockchain's decade isn't that long of a time. Look at the history of the internet: https://en.wikipedia.org/wiki/History_of_the_Internet https://en.wikipedia.org/wiki/History_of_the_Internet The use of technologies is not always obvious or immediately successful.
    - arcticbull 5y ago
      I'm just addressing the misconception re: Moxie's apparent position. My personal opinion is that the internet solved problems from day 1 and its growth was largely constrained by the deployment of physical infrastructure. Blockchain is not similarly constrained - it just doesn't really, you know, do anything for anyone. The proof will be in the pudding.
  - intrasight 5y ago
    Advancement in this space is going to be very non-linear.
password1 5y ago
I keep reading that there are a ton better blockchains than eth, but then it seems that all dapps continue to use just eth, even at the cost of insane gas fees. Why is that?
- dmarcos 5y ago
  I would say network effects. It’s where the users and devs are.
- SubiculumCode 5y ago
  dappradar rankings indicate a lot of non-ethereum dapps that are relatively popular. https://dappradar.com/rankings https://dappradar.com/rankings

intrasight 5y ago

Yes - a bit over-simplifying I admit. And Moxie said that it's "early days". However it turns out, it'll be fun to watch.

arcticbull 5y ago
To be fair Moxie says it's only "early days" in the sense that the technology has failed to advance, since of course a significant quantity of time has passed since inception. In some ways, cryptocurrency’s failure to scale beyond relatively nascent engineering is what makes it possible to consider the days “early,” *since objectively it has already been a decade or more*.
- SubiculumCode 5y ago
  To be fair, (and I am by no means a fanboy), blockchain's decade isn't that long of a time. Look at the history of the internet: https://en.wikipedia.org/wiki/History_of_the_Internet https://en.wikipedia.org/wiki/History_of_the_Internet The use of technologies is not always obvious or immediately successful.
  - arcticbull 5y ago
    I'm just addressing the misconception re: Moxie's apparent position. My personal opinion is that the internet solved problems from day 1 and its growth was largely constrained by the deployment of physical infrastructure. Blockchain is not similarly constrained - it just doesn't really, you know, do anything for anyone. The proof will be in the pudding.
- intrasight 5y ago
  Advancement in this space is going to be very non-linear.

password1 5y ago

I keep reading that there are a ton better blockchains than eth, but then it seems that all dapps continue to use just eth, even at the cost of insane gas fees. Why is that?

dmarcos 5y ago
I would say network effects. It’s where the users and devs are.
SubiculumCode 5y ago
dappradar rankings indicate a lot of non-ethereum dapps that are relatively popular. https://dappradar.com/rankings https://dappradar.com/rankings