Re:Lets talk about blockchains
by ruffrey on Thursday April 28, 2022 @03:27PM
(#31197092)
It’s unfortunate how the entire blockchain ecosystem is overshadowed by overhyped scams and nasty hacks.
There are countless economy-changing experiments happening in the DeFi community. Rebuilding of Wall Street and insurance infrastructure being attempted on chain, where trust and centralization and scams or unfairness are ripe for disruption. Staking assets to provide liquidity pools has resulted in billions coming on chain.
Plenty of people are trying to make a quick buck. Plenty of hacks and bad engineering is happening. Most things don’t need a blockchain. I wish HN community looked deeper though.
There are countless economy-changing experiments happening in the DeFi community. Rebuilding of Wall Street and insurance infrastructure being attempted on chain, where trust and centralization and scams or unfairness are ripe for disruption. Staking assets to provide liquidity pools has resulted in billions coming on chain.
Plenty of people are trying to make a quick buck. Plenty of hacks and bad engineering is happening. Most things don’t need a blockchain. I wish HN community looked deeper though.