horsecabletruck

16 ms·

1.
by horsecabletruck 4y ago
Peer to peer and permissionless does not mean criminal. It is how the web, email, end to end encryption protocols work. Most of HN would probably agree that E2EE and open source communication protocols are a good thing despite these tools a
2.
by horsecabletruck 4y ago
ERC721 is a great example. A group of people defined an open source standard, and then a variety of clients began to support and build on top of it. It is now a multi billion dollar industry shaking up the art world. If you think you can wr
3.
by horsecabletruck 4y ago
Crypto does not need to replace all financial activity. But it may be used in place of some activity, and opens up some new use cases that we did not have before. Somebody can purchase their coffee with fiat and their NFT (which may be an E
4.
by horsecabletruck 4y ago
Tether is hardly decentralized and it blowing up will not have impact on the network. Who cares if a high-risk stablecoin crashing takes out the market price of ETH so long as the chain continues to fill blocks and protocols like DAI, RAI a
5.
by horsecabletruck 4y ago
Many things. A stablecoin that implements ERC20 interface can be used across Ethereum ecosystem and it’s smart contracts. You could even program your own smart contracts around the token, such as to setup a time lock or auction. Examples: c
6.
by horsecabletruck 4y ago
1) Depends on the protocol, chain and platform. Ethereum itself is unlikely to be impacted by an EMP as the number of validators is large and widely distributed across the globe. 2) A chain like Ethereum is positioning itself as a secure an