Why I have zero faith in crypto venture capitalists

Re:Why I have zero faith in crypto venture capitalists by xur17 on Sunday June 13, 2021 @03:19PM (#27495424)

> There is still no value over a trusted third party, keeping all this in a central database. These games you are talking about just agree on this third party and that's it.

There is value - with a trusted third party, you are "trusting" that the third party will stick around, won't block you, and won't arbitrarily change the rules on you.

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Re:Why I have zero faith in crypto venture capitalists by ganafagol on Monday June 14, 2021 @01:35AM (#27499605)

Same goes for all makers of those "independent games". If just one of those goes rogue, th system is void. You need trust in all of them, not just those that you are playing.

Worse, if your game currency is a decentraliced ledger, then it's much harder to do something about the rogue participant. That's by design. If it's instead a central entity, they can kick out that party on a whim.

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Re:Why I have zero faith in crypto venture capitalists by arcticbull on Sunday June 13, 2021 @06:07PM (#27496989)

And who hosts those assets? How does this not apply to them?

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