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It's a distributed ledger, that you can deploy a computer program to. Use cases extend outward from there.
by zeroclip 4y ago
It's a distributed ledger, that you can deploy a computer program to. Use cases extend outward from there.
- andsoitis 4y agoCan you articulate one end user benefit / use case that’s not possible today or that would be better than today?
- zeroclip 4y ago“Better” is relative, depends on your frame of reference. Anything crypto will be better in some ways, and worse in others. Like self custody: the idea of owning a valuable and transferable asset by only holding a private key was not possible prior to Bitcoin. The closest comparison might be a domain name: people feel like they own those, but they are just renting them from a registrar who leases you the account and ability to edit your domain records. This applies all over Ethereum, DeFi, ENS, NFTs. Look at Aave, that allows lending and borrowing without a custodial service provider.