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The only good thing about Blockchain today is Bitcoin's scarcity. Almost every other project out there would be better off as a centralized project — heck, man
by factorialboy 1y ago
The only good thing about Blockchain today is Bitcoin's scarcity.
Almost every other project out there would be better off as a centralized project — heck, many of them are centralized, while claiming to hold on to the decentralized cyberpunk ethos — if not being outright scams.
- Orochikaku 1y agoI've personally found one compelling use case, decentralised DNS, I'm sure there are other projects attempting this but the one I'm familiar with is Namecoin[1] [1] https://www.namecoin.org/ https://www.namecoin.org/
- ameliaquining 1y agoNamecoin would make sense on a technical level if anyone were actually using it, but nobody is.
- thrown-0825-1 1y agoENS has existed for a while and has very little traction.
- pstuart 1y agoI'm working on a project that is based on blockchain for the key purpose of making the data on it effectively available to all to add to and to consume -- basically providing a public utility for the data hosting. It's not a path to riches (I can see a possible lifestyle business out of it), it's about giving people new opportunities. I've been chewing on this for years and only now that Claude has shown up do I have a partner to help me make this work. I do have some experience working on blockchain for a startup (non-ICO) that helped inspire me, but the experience itself bordered on being PTSD-inducing. The people I worked with were True Believers of Crypto, but the product we were building used crypto solely to tell their investors it was a blockchain company -- not that their product leveraged it at all.