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I’m really tired of people assuming decentralized = eth derivative. The practical use cases of federated and decentralized apps have been shown (no one source
by edgyquant 4y ago
I’m really tired of people assuming decentralized = eth derivative. The practical use cases of federated and decentralized apps have been shown (no one source of truth, tampering or failure) but practical apps aren’t going to use a cryptocurrency why the hell would they.
At scale we’ve been building completely decentralized applications for a decade and a half. They’re just internal to some organization not public. Taking this and placing the database in the users hands is an interesting way to go but not exactly an order of magnitude more complex at that point.
But this doesn’t require some dumbass blockchain currency and ethereum is super forced.
- michaelchisari 4y ago| They’re just internal to some organization not public. That's because technological decentralization is much easier with political centralization. But technological and political decentralization together is incredibly difficult. In my experience, federated systems are more practical than decentralized systems and provide 98% of the benefits. I agree that cryptocurrency is not necessary (or ideal) for either.