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What is the main success for an Ethereum project that solves something that can't be solved without crypto or in a hugely more efficient/better way? I'm a crypt
by snarf21 3mo ago
What is the main success for an Ethereum project that solves something that can't be solved without crypto or in a hugely more efficient/better way? I'm a crypto skeptic and I've never been introduced where crypto actually solves a problem.
- xtracto 3mo agoRead the GP comment again. I don't know if Ethereum has, is or will ever get to whatever grandiose goal they have. But the one thing that I love has done is provide intelligent people with funds to research things like ZKSNARKs and similar cryptographic constructs. It's like war: We don't like war, we don't like people being killed, but man, the amount of technology progress made during war is good. So, even if you hate crypto; the fact that it is enabling research in cryptographic theory (even if for stupid goals) is good.
- spopejoy 3mo ago> enabling research in cryptographic theory Yes but ... most/all of this research is for solving weird self-made problems created from some flawed premise like "we need a decentralized sequencer" or "we need a hash function that can't be profitably made into an ASIC". A lot of the zk research is for "roll-ups", themselves a horrifically complex "solution" for Ethereum's inability to scale its consensus.