Re:Why Decentralised Applications Don’t Work
by mr_m30w on Monday May 24, 2021 @02:31AM
(#27261571)
> You get given a problem spec. You design a decentralised system to solve it neatly. You get told “This doesn’t work, $COMPANY doesn’t have any way to monetise it”.
I do believe the author ran into this problem, especially in the VC world, except the author likely pointed this out herself.
I work for a major L1 project and never ran into this problem directly.
I've mostly witnessed less well funded projects bend towards their binance masters' desire for yet another pumpable token.
If you run into this problem, then you should spend their money building the fundemental components under a permissive or free software licensee. After some sunk costs then maybe they'll accept a more open business plan.
I do believe the author ran into this problem, especially in the VC world, except the author likely pointed this out herself.
I work for a major L1 project and never ran into this problem directly.
I've mostly witnessed less well funded projects bend towards their binance masters' desire for yet another pumpable token.
If you run into this problem, then you should spend their money building the fundemental components under a permissive or free software licensee. After some sunk costs then maybe they'll accept a more open business plan.
As an aside, VRFs are really amazing cryptographic tools for building distributed systems: https://www.youtube.com/watch?v=VyiG_JNxvIw