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I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

weh.wtf

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Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#3
> TL;DR: The top #1 Google result for “blockchain production users” (and related queries) lists 34 individual “real world blockchain” projects. One would expect some actual functioning projects that have an impact on every-day consumers — outside of cryptocurrency & NFTs. Looking into all 34, I found that 13 are already dead (including one that has been killed by the SEC), 6 are only useful within the crypto & NFT ecosystems and not in the “real world” and 14 use Blockchain in a way where removing the blockchain would not impact functionality at all, or make the product better. The remaining project is Chainalysis, which has real-world impact by helping law enforcement de-anonymizing blockchain users.

So basically the author found nothing good (and I haven't either, though I commend their depth of investigation). I'd be open of objective approaches any objectors would recommend doing differently to find a top 34

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#4
I kinda question the scientific methodology of "take the first N Google results". Not only for obvious reasons, but also for the reason that a lot of infrastructural projects that have a lot of real world effects are not routinely discussed in the press (because they are extremely boring to everybody but specialists, also because nobody but the specialists knows they exist, or understands how they work) and thus would not show up at the top results. What would show up is more marketing than technology. And, of course, since we are living through the initial hype cycle, there would be a lot of marketing to sort through. Limiting oneself to look only at the most hyped projects virtually guarantees you never see the deeper infrastructural ones. I am not passing judgement on how good are those or how many of them use blockchains properly - I am just saying the methodology used here is doomed to miss them. It's a good entertaining reading, but it's more gossip column than industry research quality.

That said, it is true that companies like Chainalysis (it is in no way alone in this field, of course), which bring visibility, analytics, risk assessment and so on into the blockchain world, have a real world impact. I think the accusation of "censoring transactions" is misplaced - first of all, on a decentralized blockchain you can not really censor a transaction (you can do it if you're a centralized exchange gatekeeping an access route to the chain, but that's a different thing) - but the impact is there and is going to grow nevertheless.

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#9
post #4

I kinda question the scientific methodology of "take the first N Google results". Not only for obvious reasons, but also for the reason that a lot of infrastructural projects that have a lot of real world effects are not routinely discussed in the press (because they are extremely boring to everybody but specialists, also because nobody but the specialists knows they exist, or understands how they work) and thus woul…

The list wasn't taken from the top N google results, the list was hand-curated by a web3-focused publication, and was found by a google search.

It would be like a construction-focused publication hand-curating the top N/most important N construction projects in the world, of which N-1 are some mixture of cancelled, fictional, or not actually having anything to do with construction. It would, of course, be utterly farcical - in any space other than web3. But in this space, we smile, nod, close our eyes, and hope that our token/ico/ape.jpg will go to the moon.

This isn't actually a good thing.

Re: I Looked into 34 Top Real-World Blockchain Projects So You Don’t Have To

#10
post #4

I kinda question the scientific methodology of "take the first N Google results". Not only for obvious reasons, but also for the reason that a lot of infrastructural projects that have a lot of real world effects are not routinely discussed in the press (because they are extremely boring to everybody but specialists, also because nobody but the specialists knows they exist, or understands how they work) and thus woul…

How can you distinguish between infrastructure products and hype products? If you said that a dating website turned video sharing platform would become on of the bedrocks of the online content creator economy you'd probably be laughed out of the room 20 years ago but that's what YouTube is today.

I think the same thing applies to technology infrastructure. ETH came out in 2015 but it took a few years before it became as ubiquitous as it is today. Basically, it's hard to predict what's going to be an important infrastructure product.

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