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I believe in decentralized web, but I don't believe in tokenization of apps. I think the tokenization aspect is throwing off everyone, and allowing greed to ove
by Geee 5y ago
I believe in decentralized web, but I don't believe in tokenization of apps. I think the tokenization aspect is throwing off everyone, and allowing greed to overpower innovation. It's possible to build decentralized apps and use Bitcoin on Lightning Network as a incentive/payment/consensus mechanism if needed. There's no need for someone to "own" the app or protocol. This model can be seen as an alternative to the VC and cryptobro-driven Web3, which Cobie is talking about. See Sphinx Chat [0] or Impervious [1] for example.
(before anyone says that Bitcoin doesn't scale to that, yes it does to millions of transactions per second with Lightning Network)
[0] https://sphinx.chat https://sphinx.chat
[1] https://www.impervious.ai https://www.impervious.ai