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It is powerful. The contracts run 24/7 with 100% uptime. Hayden Adams created Uniswap with about 1000 lines of code using an elegant xy=k formula to create the
by chrisco255 4y ago
It is powerful. The contracts run 24/7 with 100% uptime. Hayden Adams created Uniswap with about 1000 lines of code using an elegant xy=k formula to create the first good automated market maker, Uniswap. It essentially replaces much of the functionality of an order book on a stock exchange, except it's decentralized, global and permissionless. Plenty of other good examples in web3.
https://app.uniswap.org/ https://app.uniswap.org/
- WalterSear 4y ago> Put bluntly, the Ethereum “world computer” has roughly 1/5,000 of the compute power of a Raspberry Pi 4! https://www.usenix.org/publications/loginonline/web3-fraud https://www.usenix.org/publications/loginonline/web3-fraud
- zeroclip 4y agoWho said Ethereum aims to be as fast as a regular computer, or even a raspberry pi?
- ethbr0 4y ago^ Basically sums up what Ethereum is and isn't If a Pi solves your use case, for God's sake don't use the EVM. If a Pi doesn't solve your use case, because {particular reason}, then consider the EVM as an option.
- Tenoke 4y agoYou can't really run Uniswap and expect it to be useful on a Pi for obvious reasons so a Pi doesn't solve the same issues.
- leonsegal 4y agoare there any non-crypto examples?
- q-big 4y ago> are there any non-crypto examples? Cryptography is the basis of Web 3.0, so in a formal sense there is none. But I think that you rather want an example that is a little farther away from finance markets. Consider, for example, the (in my observation mostly dead) Namecoin: > https://en.wikipedia.org/wiki/Namecoin https://en.wikipedia.org/wiki/Namecoin which attempts/attempted to implement domain names via a blockchain and is sometimes considered a precursor to NFTs.