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Ethereum Isn't Fun Anymore

timdaub.github.io

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Re: Ethereum Isn't Fun Anymore

#31

Post by te_chris »

bhaak wrote: post #11

> Where there was a feeling of revolution and new beginnings, now there are people in suits talking corporate. I read both "Digital Gold" by Nathaniel Popper about the early days of Bitcoin and "The Infinite Machine" by Camila Russo about the inception of Ethereum and the difference between the early sentiment in those two projects is striking. Bitcoin came from a cypherpunk background and was very anti establishment…

Both of ETH and BTC's points these days is speculative gambling by people who care enough about finance to understand that, so people being shocked that finance people are invovled in something that it's possible to gamble on is a bit rich.

It certainly isn't useful as "the world computer" or whatever: have you seen gwei lately??

Re: Ethereum Isn't Fun Anymore

#33

Post by skinnyasianboi »

> Instead, we need an approach for the average Joe developer to create their idea within the Ethereum ecosystem without the need for hardcore unproven technologies.

Are you familiar with "The Island, The Ocean and the Pond" presentation by Charles Hoskinson?

Re: Ethereum Isn't Fun Anymore

#34

Post by dylkil »

rock_artist wrote: post #26

A little OT but seems the right place to ask. Is there any 'mainstream' crypto useful for micro-transactions with low-latency and low-transaction fees? Or mainstream is what kills actually kills it?

Yes, but you sacrifice security for scalability. One of the ethereum layer 2's seem to be the most promising but are yet to gain major traction. Loopring seems to be in a pretty good place right now though. You could also use some other crypto like BCH, which vitalik once suggested could be used to store ethereum state. So if its good enough for him, it might be good enough for you.

Re: Ethereum Isn't Fun Anymore

#35

Post by samtheprogram »

oilbagz wrote: post #24

Its the stack. I can't get interested in any crypto currency or related technology that doesn't provide, at a minimum, a linkable C library or .. even better .. a luarocks module .. to do all the work. If I even have to think about using npm or javascript to join the new hipster cult, I'm out. These tools are not up to snuff. C'mon crypto guys, give us systems programmers the libs we need. Javascript is OUT. Your fan…

Entire industries have been built on top of JavaScript, from rags to the most valuable companies in the world reinvesting back into it. It’s getting mature, too.

As someone who 5 years ago refused to learn JavaScript and was firmly in your camp, I don’t really see an “up to snuff” argument to be made anymore. All languages have quirks and JavaScript definitely has them, but it’s not alone in that regard, especially comparing to C/C++/Go. Besides, you don’t want a systems programming language to write code that runs in the EVM, or when running others untrusted code.

Use the right tool for the right job.

Re: Ethereum Isn't Fun Anymore

#36

Post by ilaksh »

Well.. Ethereum isn't very trendy anymore, that's true. But I still think it has tons of promise and they are making a lot of progress on 2.0. I feel like its amazing some people are thinking of giving up on it before 2.0 gets launched.

I did actually buy some DOT on Kraken today though. Because that also looks like an amazing project. And in the end, everything is basically a popularity contest. So regardless of technicals, momentum, or anything else, Ethereum could actually become completely uncool in X months or years. And PolkaDOT or something no one knows about could be what everyone uses. Maybe after WWIII its the digitual yuan for a few years.. but then the superintelligent robots take over a few years later and everyone has to use metashekels or whatever that human brains can't even comprehend.

libp2p looks really useful by the way.

Re: Ethereum Isn't Fun Anymore

#38

Post by sirpilade »

dylkil wrote: post #30
iagovar wrote: post #21

Wasn't cardano supposed to fix this?

yes, its been 4 years now and cardano doesnt even have smart contracting capabilities yet

I think they're making good, solid progress. They should be rolling smart contracts with Gougen in Q2 this year, and indications so far are that they should be on time

Re: Ethereum Isn't Fun Anymore

#39

Post by inter_netuser »

vmception wrote: post #16

yeah I'm having a blast you can pre-purchase gas when gas prices are low and use it when gas prices are high like now there are a lot of currently advanced ways to use Ethereum, and all EVMs The EVM is the thing to learn, being aware of the decentralization ideology is a nice to have and really irrelevant (which is hilarious argument to have with Ethereum bulls regarding other less secured EVMs because the bitcoiners…

why is the decentralization irrelevant?

Re: Ethereum Isn't Fun Anymore

#40

Post by float4 »

dylkil wrote: post #30
iagovar wrote: post #21

Wasn't cardano supposed to fix this?

yes, its been 4 years now and cardano doesnt even have smart contracting capabilities yet

Goguen, which is phase 3 of the roadmap and gives smart contracts, is expected to be released in March 2021.

But sure, it's all taking very long.

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