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You raise a good point. As a sceptic of this space, I would counter the UX issue you mention - which is a huge hurdle for any larger scale adoption of blockchai
by dwgebler 4y ago
You raise a good point. As a sceptic of this space, I would counter the UX issue you mention - which is a huge hurdle for any larger scale adoption of blockchain - will realistically only be solved by billion-dollar enterprise involvement, which will inevitably mean centralization, which in turn means we might as well drop the blockchain part.
- maxisrelaxed 4y agoI tend to agree with that. If I were to predict how blockchain and web3 will play out I'd say it ends in mostly centralization. The majority of people don't care about the decentralized and "trustless" parts of blockchain, but they care about usability, and I just don't see how a fully decentralized system beats a centralized one in terms of usability (or cost, or scalability). Just look at the internet; it started out as something that was (for some definition) decentralized, and in the end centralization won.