Re:I Don’t Believe in Blockchain
by honestlyreally on Saturday May 13, 2017 @05:35PM
(#14333146)
Transparent voting mechanisms, prediction markets, p2p betting, gaming micropayments, distributed computing rewards, replacing entire national currencies because of irresponsible governments,etc
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Re:I Don’t Believe in Blockchain
by anon4this1 on Saturday May 13, 2017 @06:34PM
(#14333352)
Vague gambling stuff - is this really going to be a 10x improvement over betfair who already offers solid p2p gambling markets with <5% house take?
Distributed computing rewards - maybe for a subgroup off applications (eg. illegal stuff eg. piracy), but in general terms a centralised system is easier, cheaper and quicker to develop
Replacing national currencies - this is already bitcoin's killer app. Ethereum adds almost no utility to this space.