EU Funding for Developer Tools for the Decentralized Web

Post by PaywallBuster » Thu, Sep 16, 2021, 6:06 AM UTC

wisethrowaway1 wrote: post #7

wisethrowaway1 wrote: post #5

Earlier quoted context omitted.

Bitcoin! Devtools! How about lowering taxes? Have they ever considered aligning with the rest of the world to make it easier to do business, or they pretend to succeed being approximately the most hostile region for businesses?

Will they do something about the fact that when YC (to put a very random example) invests, they ask the recipient to move to US as EU regulatory environment is extremely hostile to startups?

Post by account42 » Thu, Sep 16, 2021, 8:33 AM UTC

vkk8 wrote: post #57

wb14123 wrote: post #41

I never really understand the hype behind blockchain related technologies. The low transaction throughput, high compute resource demands makes it pretty unusable in most cases. Lots of workaround either has security problem or violated the idea of decentralization of blockchain, which makes it meaningless to use blockchain. Oh, there is also PoS which doesn't need CPU for mining, but doesn't anyone think it's irony t…

I'm also puzzled by the fact that EU is funding this. Usually states and state-like entities are exactly the ones who don't want people to use decentralized technologies, because they often make laws difficult or impossible to enforce. In fact, wanting to circumvent laws is the only reason why people en mass would ever want to use decentralized technologies. I'm not necessarily always against this (there are some rea…

Post by y4mi » Thu, Sep 16, 2021, 9:18 AM UTC

tick_tock_tick wrote: post #90

y4mi wrote: post #86

Earlier quoted context omitted.

As neither webrtc nor ipfs have anything to do with the Blockchain I'm guessing your talking about their Ethereum focus and I have to agree. but you have to admit that eth probably sounds like a great idea for non programmers. Implementing smart contacts that do non trivial stuff is just basically impossible, but it's a very interesting concept to run code if it were. Non-programmers just don't really realize how err…

I think they are calling out to the IPFS and Filecoin relationship. The projects used to be much closer but have move apart. https://docs.filecoin.io/about-filecoin/ipfs-and-filecoin/

Post by PretzelPirate » Thu, Sep 16, 2021, 10:32 PM UTC

pcthrowaway wrote: post #68

PretzelPirate wrote: post #36

Earlier quoted context omitted.

It’s important to note that these chains that are cheaper to use have to make trade offs to enable that. The trade off they choose is generally to be more centralized. A better approach over using a new “cheap” blockchain is to use a Rollup network on top of a decentralized blockchain. Rollups inherit the security of the blockchain they are based on, and a user can always leave the rollup network if they become censo…

DAG based networks (rather than blockchains) such as Fantom and Avalanche seem to be emerging as a way to address scalability issues found on blockchain-based smart contract platforms. Currently, Fantom is doing more transactions per day than Ethereum, with gas costing 1-2 cents for simple transactions and 1-6 cents for smart contract interactions. The tradeoff, based on my understanding, is that there's not as much…

Post by _hcuq » Sat, Sep 18, 2021, 12:34 AM UTC

xondono wrote: post #21

netcan wrote: post #16

Earlier quoted context omitted.

Please relax. You don't have to leave your politics out of it, but you can't just start slinging it around belligerently. Stick to context. Be polite.

Belligerently? He is just rising a point. Government “innovation” subsidies move a lot of money into shinny “new” ideas, but in EU there’s no thought about how to create innovation itself. Just as an example, a friend of mine roasts coffee for a living. He is considering closing shop, because he is succeeding too much. At the point he is, he’ll be required to register as a business, which in Spain means he will have…