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You're comparing a centralized approach with the force of law to a decentralized approach which requires buy-in by the masses without any coercion. Of course t

by Osiris 5y ago

You're comparing a centralized approach with the force of law to a decentralized approach which requires buy-in by the masses without any coercion. Of course the two approaches will be different.

jackvalentine 5y ago
Is the difference in the approaches that one is actually successful and useful?
- plebianRube 5y ago
  Maybe they both are, but in different ways, like mocroservices vs a monolith. Some applications are just better on one platform than another, and vice versa.
deleted 5y ago
[deleted]
pavlov 5y ago
TCP/IP was standardized in 1983. Nine years later I had an email address. Two years later I had full IP access (telnet, Usenet, ftp, web). I never stopped using it, even though specific protocols like ftp faded away. In contrast, I bought some cryptos five years ago and dabbled in Solidity too, but there was just nothing to do with it because it’s so clunky and wasteful. I don’t expect to ever touch that stuff again. That’s obviously anecdotal, but it’s clear by now it’s nothing like the early Internet. That organic buy-in isn’t happening.
- omeze 5y ago
  I understand your argument but it’s disingenuous to say TCP started in 83. It was widely published in 74 with implementations in 75.
  - nrr 5y ago
    Forgive me, but I think you misread my grandparent comment's intended meaning. The assertion was that TCP/IP was standardized in 1983, and this is, in fact, technically correct. The unwritten subtext was that TCP/IP was standardized as the protocol in use on ARPANET, with the cutover from NCP to be concluded on 1 January 1983. "It is really very important for everyone to notice the deadline for completing the cutover to IP/TCP and the elimination of NCP from use in the ARPANET." https://groups.google.com/g/fa.tcp-ip/c/HDoq18adT2Y/m/HwoFGxcizzEJ https://groups.google.com/g/fa.tcp-ip/c/HDoq18adT2Y/m/HwoFGx...
- garren 5y ago
  “Clunky” crypto resonates perfectly with me. I spent a couple weekends reading up on bitcoin and ethereum, working through a couple simple blockchains implementations, and getting familiar with building for web3. I found the development experience severely lacking. Clunky. Maybe blockchains tech will graduate beyond coins, NFTs, speculation, and rug-pulls. I look forward to that day. However, over a decade in, everything about cryptocurrencies and blockchain tech, from development to application, deployment and function, feels clunky.
volkse 5y ago
I can’t understand how anyone has any confidence in crypto after the current Ukraine/Russia situation. I thought that crypto was decentralized and no-one could place restrictions on who could own it, and what they could do with it. This also turned out to be total BS as Russian crypto accounts keep getting frozen. Funnily enough, I haven’t heard the “crypto community” make a single peep about this. Hilarious..
- adastra22 5y ago
  Noone’s crypto wallets have been frozen, afaik. Custodial services have frozen people’s accounts, but those are websites which hold your crypto for you. Not your keys, not your crypto.
- nurettin 5y ago
  What I understand is that Hardware wallets cannot be "frozen", but they are much harder to maintain than an online account you can log into with a single click, so people prefer that.
- tluyben2 5y ago
  People use custodial wallets which is a bad idea anyway; but it supports the original point; people generally do not understand or care about the basic premise of decentralisation (and, as such, have no interest in the added inconvenience, although with enough tech that can be solved). They use crypto because ‘get rich quick’ and ‘no taxes’ and they do not know or care about how it works. Their coins are in centralised wallets or exchanges . Adoption of the decentralised might (but probably not at all) come slowly over time. You need to read up on things before shouting BS though; there is a lot wrong with all the blockchain stuff but one good thing is; they cannot freeze your wallet if you have it locally; if you do not have your crypto currencies in your locally wallet, you do not own them as such is what any crypto pundit will tell you.
  - tinodb 5y ago
    But rarely anyone is capable of securing local wallets, especially when it concerns serious amounts of money. So back at trust we are.

by Osiris 5y ago

You're comparing a centralized approach with the force of law to a decentralized approach which requires buy-in by the masses without any coercion. Of course the two approaches will be different.

jackvalentine 5y ago

Is the difference in the approaches that one is actually successful and useful?

plebianRube 5y ago
Maybe they both are, but in different ways, like mocroservices vs a monolith. Some applications are just better on one platform than another, and vice versa.

deleted 5y ago

[deleted]

pavlov 5y ago

TCP/IP was standardized in 1983. Nine years later I had an email address. Two years later I had full IP access (telnet, Usenet, ftp, web). I never stopped using it, even though specific protocols like ftp faded away. In contrast, I bought some cryptos five years ago and dabbled in Solidity too, but there was just nothing to do with it because it’s so clunky and wasteful. I don’t expect to ever touch that stuff again. That’s obviously anecdotal, but it’s clear by now it’s nothing like the early Internet. That organic buy-in isn’t happening.

omeze 5y ago
I understand your argument but it’s disingenuous to say TCP started in 83. It was widely published in 74 with implementations in 75.
- nrr 5y ago
  Forgive me, but I think you misread my grandparent comment's intended meaning. The assertion was that TCP/IP was standardized in 1983, and this is, in fact, technically correct. The unwritten subtext was that TCP/IP was standardized as the protocol in use on ARPANET, with the cutover from NCP to be concluded on 1 January 1983. "It is really very important for everyone to notice the deadline for completing the cutover to IP/TCP and the elimination of NCP from use in the ARPANET." https://groups.google.com/g/fa.tcp-ip/c/HDoq18adT2Y/m/HwoFGxcizzEJ https://groups.google.com/g/fa.tcp-ip/c/HDoq18adT2Y/m/HwoFGx...
garren 5y ago
“Clunky” crypto resonates perfectly with me. I spent a couple weekends reading up on bitcoin and ethereum, working through a couple simple blockchains implementations, and getting familiar with building for web3. I found the development experience severely lacking. Clunky. Maybe blockchains tech will graduate beyond coins, NFTs, speculation, and rug-pulls. I look forward to that day. However, over a decade in, everything about cryptocurrencies and blockchain tech, from development to application, deployment and function, feels clunky.

volkse 5y ago

I can’t understand how anyone has any confidence in crypto after the current Ukraine/Russia situation. I thought that crypto was decentralized and no-one could place restrictions on who could own it, and what they could do with it. This also turned out to be total BS as Russian crypto accounts keep getting frozen. Funnily enough, I haven’t heard the “crypto community” make a single peep about this. Hilarious..

adastra22 5y ago
Noone’s crypto wallets have been frozen, afaik. Custodial services have frozen people’s accounts, but those are websites which hold your crypto for you. Not your keys, not your crypto.
nurettin 5y ago
What I understand is that Hardware wallets cannot be "frozen", but they are much harder to maintain than an online account you can log into with a single click, so people prefer that.
tluyben2 5y ago
People use custodial wallets which is a bad idea anyway; but it supports the original point; people generally do not understand or care about the basic premise of decentralisation (and, as such, have no interest in the added inconvenience, although with enough tech that can be solved). They use crypto because ‘get rich quick’ and ‘no taxes’ and they do not know or care about how it works. Their coins are in centralised wallets or exchanges . Adoption of the decentralised might (but probably not at all) come slowly over time. You need to read up on things before shouting BS though; there is a lot wrong with all the blockchain stuff but one good thing is; they cannot freeze your wallet if you have it locally; if you do not have your crypto currencies in your locally wallet, you do not own them as such is what any crypto pundit will tell you.
- tinodb 5y ago
  But rarely anyone is capable of securing local wallets, especially when it concerns serious amounts of money. So back at trust we are.