Half of ICOs Die Within Four Months After Token Sales Finalized

Re:Half of ICOs Die Within Four Months After Token Sales Fin... by tfha on Monday July 09, 2018 @06:53PM (#17494080)

I would definitely argue that blockchain is closer to the arpanet days than it is to the world wide web days.

This stuff is so early. A lot of the really enabling infrastructure doesn't exist, and won't exist for years. Most builders have no idea what the true strengths and limitations are. It'll get there, but it's not a 2020 type of get there. Maybe 2025.

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by hannasanarion on Monday July 09, 2018 @09:49PM (#17494855)

What? That makes no sense. What infrastructure? What strengths? All you're doing is solving hash puzzles because some people arbitrarily decided that solved hash puzzles have value.

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by tfha on Tuesday July 10, 2018 @12:24AM (#17495467)

You can tell the ordering of transactions in the absence of a trusted third party. There's an entire body of research dedicated to ordering transactions called Byzantine fault tolerance, but all of them require trusted parties to maintain consensus.

Cryptocurrency is the first time we could really escape that.

As for infrastructure, things like the lightning network will provide scalability, things like starks and bulletproofs can help both privacy and scalability, decentralized exchanges help accessibility.

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Re:Half of ICOs Die Within Four Months After Token Sales Fin... by jonhendry18 on Tuesday July 10, 2018 @03:54AM (#17496134)

Blockchain is closer to the early days of spam than anything else.

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