251–260 of 515 posts
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And the reason for that is simple: game collectibles literally cannot work in any game on any platform except the one they were designed for. There's a reason you can't bring your Fortnite skin into a Lord of the Rings game, and it has very little to do with "central companies" and "APIs"
Interop with other games isn't the issue here.
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> At it's core is a distributed world computer but all anyone knows about is money.exe because this stuff is immensely complex. Alternatively, because the only way to use the aforementioned distributed world computer is to engage with money.exe and buy more CoinTokens. Imagine all the kids out there who will be delighted to learn a pay-per-use code interpreter. "Hey mom, I need your credit card to cover the gas while…
The problem with this statement is in assuming that any of this is actually ready for the average user, like a minor with their parents credit card. It's really unfortunate that the space received all of the attention it did during the pandemic, as that only managed to bring in misaligned expectations fueled by grifters making impossible claims. There are a number of planned upgrades on the roadmap[1], such as layer…
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Shopify for monero is an idea being kicked around, there are also monero marketplaces for non- illegal things Monero could be used in a store and some stores do take monero! Its quick, with low fees
Is moner just quick for now but as it scales it'll be slow like bitcoin? Or is there something unique about monero that makes it fast?
The fact people aren't using it. It's just a PoW coin with some special sauce. Same grey goo energy and equipment dynamics.
All this crpyto technology is fascinating. But is it used for anything? I asked this in an Ask HN today, but got no answer so far: https://news.ycombinator.com/item?id=39852389 It looks like not a single HN reader is using blockchain technology for anything. If nobody is using blockchain technology outside of blockchain projects, what are the reasons we expect that some day we will? What could be a near term use case…
> Today, we have all the tools we'll need, and indeed most of the tools we'll ever have, to build applications that are simultaneously cypherpunk and user-friendly. Really looking forward to the next couple years. Everyone has been writing this off as "no killer apps after 10 years" but there's a lot that's been happening to support adoption, from scaling to improved UX. In the next couple years those should percolat…
What value proposition does crypto offer that existing solutions do not? The only reasonable answer crypto advocates can ever offer is “decentralization” and the lack of trust required. The problem is, most people are perfectly fine trusting their financial institutions. Another commenter was downvoted for saying “No one cares”, but a more precise way of putting this is “the average person doesn’t care about decentra…
Most people also don't need free speech, because they have nothing to say.
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As the OP said, the cryptocurrency you're looking for is Monero.
"Bitcoin but its anonymous" does not make Monero a real currency. I guess it helps that its value is relatively stable. But I still can't realistically use it. I can't walk in a store, buy something, then pay with Monero which is obviously disqualifying on it's own. But in addition to that, if I want to give a friend some Monero I would have to walk them through making a new account with some new app which they won't…
Do you expect every store to start accepting it instantly?
Your argument does not disqualify Monero as a real currency. It is a real currency, it's used every day for transactions. Just because you don't find use for it in your life does not disqualify it.
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5 cents per transaction is high for many parts of the world, and exceptionally high if every interaction in normal life is turned into a financial transaction.
If their vision is "applications" it feels like any price is too high. Would you sign up for hn if it cost 5 cents? Even though that is nothing in terms of money (for most of us), the friction of money actually being involved in and of itself probably makes it not worth it. Especially when its just a silly internet thing.
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One of the things that made me less skeptical of Ethereum was that Vitalik has consistently argued based on his view of "Ether as digital oil to power the blockchain", which is to say that the point is not to just hodl, but to create a core technology that can enable different applications. I still think that we should not forget the "I need a censorship-proof way to send money to someone overseas" story, but mostly…
That's what Bitcoin used to be about, before its development team was taken over and it was crippled.
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Here's an elevator pitch. Your twitter/facebook/github account gets banned, what do you do? With farcaster/lens/radicle, it's impossible.
Direct RSS from the source does this as well. What's the difference?
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There's actually interesting technology being developed here in the areas of distributed computation and zero trust systems. The implementations of Zero Knowledge Proofs and ongoing work on ZK-SNARKS I personally find most fascinating. There's a lot more to this ecosystem than just speculation. At it's core is a distributed world computer but all anyone knows about is money.exe because this stuff is immensely complex…
> At it's core is a distributed world computer but all anyone knows about is money.exe because this stuff is immensely complex. Alternatively, because the only way to use the aforementioned distributed world computer is to engage with money.exe and buy more CoinTokens. Imagine all the kids out there who will be delighted to learn a pay-per-use code interpreter. "Hey mom, I need your credit card to cover the gas while…