Re:You Do Not Need Blockchain: Popular Use Cases and Why The...
by sanderjd on Tuesday March 18, 2025 @11:45AM
(#43400829)
Right, if you hadn't said it yourself, I would have said that this is just another form of "you're holding it wrong ".
But my point is that if this is actually the target market for these products - people who are gonna run their own nodes - then that market is like five orders of magnitude smaller than the crypto industry wants it to be.
Re:You Do Not Need Blockchain: Popular Use Cases and Why The...
by yieldcrv on Tuesday March 18, 2025 @01:17PM
(#43401981)
Ah ok, that’s fine to me
Speculation drives innovation and crypto is the rawest form of that we have, in a global, nonstop market with extremes of selective evolution: permission to fail, instead of guardrails
Practically none of the things that attract people to the space would have been developed without encountering frictions from speculation, and fixing them
during times of chaos, centralized exchanges go down and RPC nodes go down. the incentive model is to run your own RPC node that has processing bandwidth so that your transactions can reach decentralized exchanges and continue doing whatever you wanted to do. times of chaos in this instance would be to swap to a stable value.
the answer truly is "you're holding it wrong"
I think there is plenty to criticize about what crypto proponents say, but there is a technical discussion worth having at the same level of parity we have about many other things on this forum