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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

#311

Post by threeseed »

labrador wrote: post #291
dang wrote: post #260

Earlier quoted context omitted.

If both sides are just repeating the same points, then there's no diff, and if there's no diff then it's off topic for this site. Diffs are what's interesting. https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...

I suggest we stick to the technical aspects and what ideas people have for using the technology. it rather than veering off into money and fraud, which are highly charged topics. I'm genuinely curious about how this new tech will change things.

How can you possibly discuss Bitcoin without the topics of money and fraud ?

It's intrinsic to what Bitcoin is.

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

#312

Post by threeseed »

dfabulich wrote: post #67
Taek wrote: post #46

Earlier quoted context omitted.

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

In 1987, Usenet and email were already pretty great. (And that was all before the web!)

Also one year later IRC was invented.

Killer app if ever there was one.

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

#313

Post by danaris »

akudha wrote: post #34

It would be nice to read an article on blockchain projects that are actually used in the real world and have real impact on human life. Assuming such projects exist. By now, most people have a healthy skepticism of blockchain projects. All that said, kudos to the author for spending a good amount of time looking into these projects.

> and have real impact on human life

Oh? Like a story about all the various cryptocurrency scams that cost so many people their life savings?

Or a story about the massive overuse of energy causing brownouts for unfortunate towns that happen to be too close to a mining datacenter?

Or a story about the bright-eyed college graduates sucke(re)d into working for cryptocurrency startups that then either quickly go belly-up or gradually become more and more obviously scams?

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

#314

Post by acdha »

seibelj wrote: post #275
hnthrow1010 wrote: post #261

Earlier quoted context omitted.

Ok, you can think that, but there's still no explanation here as to why they can't do it. You should read some other comments further down in the thread, like this one: https://news.ycombinator.com/item?id=32292222 If the hope is that they just won't shut down the internet, or the government will be too weak to stop it... what's the point of cryptocurrency? You could again just get them to use USD or Euro or somethin…

It’s a bit of a leap to go from “sure we steal your money and everyone is poor” to “hey we are going back 20 years and stopping all communication”. I think it’s a bridge too far outside of North Korea. Even China has a die hard and widespread crypto base despite their “banning” of exchanges and their great firewall. I worked previously on tech to get around it (rapidly cycling domains that are registered often and fl…

It's partially the ideology but also the fact that as a very weak fiat currency everyone who bought in early has no way to cash out unless they can convince other people to buy their tokens instead of something else. All of those VCs, early adopters, etc. have a massive financial incentive both to talk it up constantly and create pump-and-dump schemes around things like NFTs because the alternative is walking away from the money they initially spent. The sums in question will pay for a lot of promotion and human psychology tells us there will be plenty of people hoping they can promote it back up to what they think it's worth based on paper profits they didn't realize in the past. I'd expect even more volatility as the major players quietly cash out.

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

#315

Post by teh64 »

tremarley wrote: post #302
4512124672456 wrote: post #235

Earlier quoted context omitted.

> Trustlessly With cryptocurrencies, you need to trust: * The exchanges (and other ramps for getting useful money into the system and out of the system) * The developers of the chain * The developers of the smart contracts * The developers of wallets * The miners * The internet providers * The hardware manufacturers * The government (yes, they could punish usage of cryptocurrencies hard if they wanted to) > Your will…

> With cryptocurrencies, you need to trust: * The exchanges (and other ramps for getting useful money into the system and out of the system) Decentralized Finance, Protocols and Apps do not require trust. The frontend and backend of every protocol you are expected to use is open source. Things can only go wrong, without the fault of your own if you use something closed-source or custodial. Cryptocurrency allows you t…

Sure the contract remains unchanged, but who will enforce the contract? In 99 years, will there be any authority that recognizes the blockchain contract? The "biased, corrupt or dissolved" local central authority could choose not to recognize the blockchain contract and then your estate would still not give the land back.

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

#316

Post by mbar84 »

hnthrow1010 wrote: post #229
dang wrote: post #202

Earlier quoted context omitted.

> I keep saying this, but: Please don't do this. We want curious conversation, not repetitive talking points. https://news.ycombinator.com/newsguidelines.html https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so... I don't mean to pick on you personally—it's a serious problem with all threads on this topic.

I can't speak for the parent comment but I've had the same problem myself in discussing this. I would actually love to have to stop repeating myself, but the crypto CEOs keep also repeating the same marketing lines over and over again with reckless abandon and then a new group of people reads it and pops up the next day asking the same questions. Sometimes I can even directly map some comments to a series of tweets f…

It's like a discussion on abortion. There are fundamental disagreements that have little to do with technologoy. Everybody keeps repeating their conclusions and predictions, only time will tell who is right.

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

#317

Post by teh64 »

tremarley wrote: post #190
Group_B wrote: post #152

Earlier quoted context omitted.

Crypto does not bypass in any way the ability for a company to charge me a subscription instead of offering me an option to buy something outright.

If you keep money in the bank. You don't own it, the bank does. You need permission to access it and are limited on what you are allowed to use it for. If you keep cash or gold in a safe place. You are only allowed to keep a certain amount. It can be seized at will. Your will that declares what assets go to your children. The deed to your home. The lease for your car. Certificates. Art. Tickets. Contracts. Money. We…

My bank is FDIC insured, so up to $250,000 is guaranteed to come back to me unless the US Government fails, and then the blockchain would probably not work either.

Also, how can crypto not be seized at will? If they want to take your hardware wallet, they can just keep that just the same. Not to mention getting people to give over the keys if it is kept in a centralized exchange, which a lot of people are.

Wills, deeds, leases etc... are worthless on their own, with or without a blockchain. Sure they can be documented on a blockchain, but the blockchain has no ability to enforce the documents in the real world. If your ownership for somethings is on the blockchain, and someone steals it, then proof of ownership does not matter if there are not government agents with guns willing to enforce your ownership. Libertarians always believe this weird non-aggression principle, as if someone with more guns would respect your rights to property. Civil forfeiture only works because the government has the most guns.

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

#318

Post by thiht »

dang wrote: post #202
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.

> I keep saying this, but: Please don't do this. We want curious conversation, not repetitive talking points. https://news.ycombinator.com/newsguidelines.html https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so... I don't mean to pick on you personally—it's a serious problem with all threads on this topic.

> We want curious conversation

Up to a certain point I guess. There’s never nothing new under the sun regarding blockchains: they’re useless. Curiosity doesn’t change that.

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

#319

Post by teh64 »

stevenjgarner wrote: post #146
Fezzik wrote: post #100

Earlier quoted context omitted.

This woefully-lacking-of-legit-citations article says nothing like what you are asserting it says.

I would not call the "survey of 2,079 respondents" by Stellar Development Foundation [0] "woefully-lacking-of-legit-citations". [0] https://www.stellar.org/

So what does this have to do with 8 million people?

If the survey was of 2,079 people, then how does this extrapolate to 8 million? They say 23% of the respondents represent 8 million people, but that does not mean that 8 million people actually used crypto.

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

#320

Post by lambic2 »

tresqotheq wrote: post #166
lambic2 wrote: post #74

Earlier quoted context omitted.

It doesn't provide any value for society. Maybe a bit of entertainment, along with destroying some people's lives (problem gamblers). It basically just syphons away money from individuals to corporations while not providing much in return.

It provides return to people who like it. It does not have to provide value to the "whole society" (which really mean, it does not provide a value to "me") to justify its existence.

I didn't say for the "whole society" but as a whole, i.e. if you sum up all the positives with the negatives. Heroin provides value for people who like it and somehow can use it without getting addicted. As a whole though I'd argue it's a net negative on society.
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