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Re:Google Has Most of My Email Because It Has All of Yours (... by yieldcrv on Sunday October 23, 2022 @08:45AM (#33306519)
Not all products are suited for all market participants. Figure out where you are on the gradient and act accordingly.

Ethereum Name Service was launched in May 2017, there are many name service competitors.

> and there’s been no evidence so far that “web3” is becoming more resilient instead of less resilient.

based on? some frequency of a type of headline you saw? quantified against..... anything?

Re:Google Has Most of My Email Because It Has All of Yours (... by woodruffw on Sunday October 23, 2022 @08:55AM (#33306592)
This is a cop-out: of course there are people with absurd risk or reliability profiles, for whom just about anything might be suitable. The entire point of systems like DNS are that they’re universal substrates that don’t require any exceptional selection. Economies and ecosystems are built on reliable and universal substrates.

My perception of resiliency is based on this[1], which has reliably increased in volume and quantity by year.

[1]: https://web3isgoinggreat.com/

Re:Google Has Most of My Email Because It Has All of Yours (... by yieldcrv on Sunday October 23, 2022 @09:20AM (#33306774)
I think it isn't doing great at consumer confidence, I don't think it needs to exist for that

https://web3isgoinggreat.com/?id=earningfarm-exploited-for-9...

An exploiter's bug bounty on a still functioning yield farm that flash loaned itself, getting frontrun by a MEV searcher because the exploiter didn't hide their transaction directly with a block producer via bribery? That sentence wasn't possible a year ago. And now we all know not to design a smart contract powering a farm that way. I don't view that as failure. A regulatory sandbox would have deliberated for 5 years before allowing a launch and still never found that problem, resulting in a following multi year pause, committee report, and disbanding. I view this much faster higher iterative version as a win.