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I guess I should clarify, "cool" would at least be: 1. Something besides strictly processing payments, and 2. something that is not better served by existing
by lynndotpy 4y ago
I guess I should clarify, "cool" would at least be:
1. Something besides strictly processing payments, and
2. something that is not better served by existing technology, and
3. something that is meaningfully decentralized.
I think the ENS is the 'coolest' of that list, and hits all three of these points.
But I think we can agree ENS is not a convincing example that cryptocurrencies aren't a scam. Auctioning off strings (which may be later sold or rented) is similar to DNS. Except, we know some domains which point to fun sites (like wikipedia.org or tvtropes.org).
A 'cool' example would be some 'cool' Etherem .eth domain. (But not wikipedia.eth, which appears to be hoarded by someone hoarding .eth domains, and not tvtropes.eth, which is actively being auctioned off for $1300 by someone else hoarding .eth domains.)
- LeafGuild 4y agoENS doesn't hit those points. It doesn't fulfill any need that isn't served by DNS, and it still depends on other centralized services for it to actually be useful: https://web3isgoinggreat.com/?id=ethlink-service-about-to-go-offline-because-domain-owner-is-in-prison https://web3isgoinggreat.com/?id=ethlink-service-about-to-go...
- dlubarov 4y agoThe goal of ENS isn't to add new bells and whistles; it's to do the same things DNS does, just without the censorship (see Sci-Hub) or rent-seeking. I don't see how Virgil's story implies some kind of reliance on centralized services? Yes, if a domain owner is unavailable, it will eventually expire; that applies to ENS and DNS equally.