I’m pretty sure blockchain applications will emerge eventually and have wide usage.
But I also think crypto is more so where the Internet was in the late 70s than 90s. Except for the hype (the Internet wasn’t as hyped in 70s and 80s.)
Amazon success, yes.
Yahoo, had alot of money and continuously pissed it away on poor choices (Mark Cuban, just to name one. 5MB limit on email).
Chuckecheese tokens have more widespread usage than XRP.
And Ripple the protocol != XRP which is kind of funny with the ridiculous valuation of XRP. XRP is a pregen (shit)coin which banks would be loathe to use.
I am not going to make a comment about coin valuations - that is a different discussion.
You were looking for an example where something useful that creates real value for customers was created. I simply gave you an example of something that does.
When/if financial institutions start using Ripple the protocol for real then I will agree that it creates a real value for customers.
If I order an eval kit for the latest RPi clone and I do not use it after a week of evaluation it is debatable whether the kit created a real value for me.
They're working on building and stabilizing the blockchain first. Dapp partnerships are coming but you cant have people commit to building on a nonexistant blockchain ;)
The most used dapp had just over 4000 users in the last 24 hours, while CryptoKitties, arguably the most famous dapp, didn't even have 400.
Find me a dapp that isn't one of those two things with appreciable usage and I'll be impressed.
Security tokens are a Bad idea.
Dai is basically only useful for speculating on cryptocurrencies and so I dismiss it like I dismiss exchange dapps. This whole industry can't be built on speculating on the value of nonces.
> It's awesome until your private key gets stolen and suddenly a hacker in Russia owns your house.
I like the legal system. The transactions I'm involved with are already cheap and the non-cheap transactions aren't made cheaper with the blockchain.
Might be a bit too early. Don’t know if the market is even close to ready.
Expensive/Slow?
Which only make sense in a very narrow "technically correct" kind of way. From a larger perspective they still don't make sense. Pissing away small countries worth of electricity to validate an incredibly small number of transactions is a horrible idea.
...And that is just one of the deep, fundamental flaws in blockchain-based currency.
When the consistency algorithm is proof of work chains, or when the proof of work is used to control the scarcity and disbursement of the valuable token, only then you have the whole "world turning into fucking Mordor" problem.
So mostly they are gambling apps (with source of randomness the blockchain itself), exchanges, or artificially scarce "collectibles" (like cryptokitties).
Seriosly, it's frightening how this project managed to raise so much money from thin air.