News for hackers. Stuff that matters.

A comment on Blockchain’s Hype Is Dying According to Corporate America’s Earnings Calls. Parent comment

Re:Blockchain’s Hype Is Dying According to Corporate America... by papito on Wednesday November 14, 2018 @03:27PM (#18453536)
The jury is still out on cryptocurrencies. The blockchain hype is priced into Bitcoin and other crypto. It will remain around in some form but not even close to its peaks.

It's ridiculously expensive per transaction, your account can be wiped out if someone gets your token, it's not "untraceable", etc.

[ Parent | on HN ]
Re:Blockchain’s Hype Is Dying According to Corporate America... by rhlsthrm on Wednesday November 14, 2018 @09:10PM (#18456291)
> It's ridiculously expensive per transaction, your account can be wiped out if someone gets your token, it's not "untraceable", etc

These are all problems that are close to being solved. Sharding will solve high transaction fees, multisigs and account recovery mechanisms already exist for private key safety, zkSnarks solve privacy.

[ Parent | on HN ]