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It's not just technologists anymore, there is a whole bunch of powerful investors, marketing agencies, media companies all pushing their agenda via Web 3.0 guis
by suyash 5y ago
It's not just technologists anymore, there is a whole bunch of powerful investors, marketing agencies, media companies all pushing their agenda via Web 3.0 guise. Not to mention 'get rich quick' scammers taking full advantage of this.
I do believe there is value in 'Decentralation' and some other blockchain ideas but all implementations of it thus far as proven not very effective.
- littlestymaar 5y ago> I do believe there is value in 'Decentralation' and some other blockchain ideas but all implementations of it thus far as proven not very effective. The blockchain concept is a very bad fit for almost every kind of decentralization you'd want, because it's basically a linked list with a central clock[1] limiting the number of blocks you can happen (and this is necessary to allow the consensus to converge). [1] even though it's implemented in a distributed manner, there's still one and only one clock per chain and everyone must take its turn to use of of the precious clock slots.