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

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

#41

Post by civilized »

simonw wrote: post #26
hash872 wrote: post #14

I have an extremely low opinion of blockchain/crypto, but in the interest of fairness, I did read an FT piece a few months ago about how banks are apparently actually using the blockchain for currency trading: "HSBC and Wells Fargo are cutting out a key part of the currency market’s infrastructure from some trades after the two banks agreed to settle transactions directly on blockchain technology. From Monday, they w…

That sounds to me like someone used excitement about "blockchain" as an excuse to upgrade a two-decades old system to something a bit more modern. It looks like it's a private blockchain shared between two (at the moment) institutions, which means it's probably being used basically as an append-only log.

Reminds me of the craze for using Hadoop on data that could easily be handled by basic R, Python, or even Excel https://www.chrisstucchio.com/blog/2013/hadoop_hatred.html

In hindsight, the Big Data hype wave was really just a good excuse to bring in a wider set of analytics tools than Excel, Access and inflexible, IT-administered databases.

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

#42

Post by paulgb »

Fargoan wrote: post #27
api wrote: post #12

Earlier quoted context omitted.

We’re out hiring right now and it’s shocking how many people have a career filled totally with dodgy cryptocurrency nonsense. Loads of designers and developers have most of their experience in platforms that seem to have no utility beyond scams, gambling, and MLMs. There certainly is a massive amount of wasted talent here.

What do you think is wrong with gambling?

I have nothing against gambling as long as people know they're gambling. I keep seeing the same cycle of people encouraged through FOMO and taunts of “have fun staying poor”, unsophisticated investors putting at stake more than they can afford to lose, and then the relevant subreddits posting suicide hotline numbers. It's sickening and it needs to stop.

Edit: this timely link appeared on my feed: https://blog.mollywhite.net/celsius-letters/

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

#43

Post by thematrixturtle »

glerk wrote: post #30
thematrixturtle wrote: post #16

Earlier quoted context omitted.

Would you be so kind as to cherry-pick a few successful "real world" Blockchain projects then?

There are a lot of successful blockchain projects that respond to various use cases. On top of my head: - Uncensorable money: og bitcoin and pretty much everything else - Uncensorable money + privacy: monero, tornado.cash, etc. - Decentralized exchanges/automated market makers: curve.fi, uniswap, etc. - Prediction markets: polymarket etc. EDIT: looks like omen and augur are dead

Please note the stipulation "real world": everything you just listed involves moving bits about in the crypto world.

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

#44

Post by GauntletWizard »

Fargoan wrote: post #27
api wrote: post #12

Earlier quoted context omitted.

We’re out hiring right now and it’s shocking how many people have a career filled totally with dodgy cryptocurrency nonsense. Loads of designers and developers have most of their experience in platforms that seem to have no utility beyond scams, gambling, and MLMs. There certainly is a massive amount of wasted talent here.

What do you think is wrong with gambling?

I have only quibbles[1] with clearly labeled gambling. I have a serious problem with a casino claiming to be a bank.

[1] and that is regulated to help reduce the amount it takes advantage of people who can't help it.

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

#46

Post by Taek »

rzwitserloot wrote: post #38

I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.

When the Internet was 10 years old the year was 1987.

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

#47

Post by rvz »

api wrote: post #12
tmpz22 wrote: post #6

You know how “the brightest minds of our generation spent the last decade on ads”? I’m just glad they clearly stuck with ads and let all these scam projects rot.

We’re out hiring right now and it’s shocking how many people have a career filled totally with dodgy cryptocurrency nonsense. Loads of designers and developers have most of their experience in platforms that seem to have no utility beyond scams, gambling, and MLMs. There certainly is a massive amount of wasted talent here.

> There certainly is a massive amount of wasted talent here.

Yeah, taking a career in developing surveillance capitalist products and building real world spyware to harvest our personal data only to run it on tons of planet incinerating data centres (which don't work) just to try push and target more spyware ads to auction and sell their personal info around, is surely improving the world and a great career to have in big tech. /s It's no better than the scams rife in the crypto industry.

What big tech has done in the past 20+ years was a complete waste and a total violation to one's privacy which they have gotten away with for a long time and with regulations for both industries around the corner (especially big tech) they deserve massive multi-billion dollar fines for that.

No exceptions.

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

#48

Post by chrisabrams »

rzwitserloot wrote: post #38

I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.

What country do you live in? Because I know plenty of folks in certain countries with massive inflation and projects such as bitcoin are their refuge from 100-1000% inflation a year.

When you say “in 10 years” when did that 10 year time frame start and end? Are talking about the 1960s or the 1990s? Because most people I knew didn’t start using the internet regularly until the mid to late 90s or about 30 or so years after it’s inception. 10 years is still pretty early in terms of adoption. I know people who still have never used email…

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

#49

Post by [deleted] »

Fargoan wrote: post #27
api wrote: post #12

Earlier quoted context omitted.

We’re out hiring right now and it’s shocking how many people have a career filled totally with dodgy cryptocurrency nonsense. Loads of designers and developers have most of their experience in platforms that seem to have no utility beyond scams, gambling, and MLMs. There certainly is a massive amount of wasted talent here.

What do you think is wrong with gambling?

[deleted]

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

#50

Post by cowtools »

rzwitserloot wrote: post #38

I keep saying this, but: Bitcoin is well over 10 years old by now. In 10 years, the internet was already clearly adding a ton of value all over the place. Bitcoin is not really a 'young technology' anymore, and the only thing it has enabled so far is risky, unregulated investment strategies, and an staggering amount of crime.

The internet did not have to overcome network effects in the same way that cryptocurrency has.

If there was a "super-centralized" network that already had major success (for example, imagine a world in which teletext or something was dominant before the internet) then the internet/web may have had a serious competitor. Instead, the internet was largely reverse-compatible with previous networks such as the phone network through dial-up.

Additionally, the latest wave of cryptocurrency hucksters have been selling their cryptocurrencies as a solution for a problem that cryptocurrency just does not solve. It is one thing to claim that they're wrong; it's another to claim that cryptocurrency has failed its original purpose entirely.

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