This author has no spine. If you want to be an entrepreneur, stop chasing fads and start creating real value for people.
Where is the money for mobile app developers in blockchain?
11–20 of 44 posts
Re: Where is the money for mobile app developers in blockchain?
#12One of the under-explored uses of the blockchain is as a decentralised permissionless append-only log for tracking custody and authenticity of physical products. This is also an area where a mobile app is well suited, since users should be able to add to the log and check values on it wherever they are, and ideally with a quick snap of a QR code or tap of an NFC tag. Imagine that a mass-produced tech item from China…
> Imagine that a mass-produced tech item from China came with a QR code certificate authenticity, which the end user could scan to check that the item had been made by a specific factory and a specific company.
Nothing stops entities from entering false or unintentionally-incorrect information into the database.
Honestly, all these supply-chain or authenticity tracking use-cases must have been dreamed up by people who have never worked a simple retail job in their life. If they had, they'd know databases tracking reality very easily (and inevitably) diverge from reality - the store inventory DB says you have two items in the back, but a half hour of searching confirms that is a lie. Stores even have a painful, labor-intensive process - called "taking inventory" - to fix the errors in the DB for a single physical store!
Also, this concept is absolutely not unexplored. It's so popular that Bizonacci made a parody video about it, and several billion dollars of imaginary market cap are allocated to coins working on it.
Re: Where is the money for mobile app developers in blockchain?
#13Where is the money for mobile app developers, period? I've yet to see the first person in my personal network reaching a state of being able to make a living from mobile apps (and obviously, I'm excluding the survivor-bias stories from the media here).
I know the guy who made the unofficial Tesla app. He's doing very well now.
Personally, I had an app that was on its way to allowing me to transition to focusing on mobile app development full time. But it turns out you need a license to perform money transference, which was what my app was... and luckily Google shut me down before I got into high volume and any legal trouble.
To your point: my second app was a super expensive (for me) colossal failure.
I know another guy who nets about $200k USD making puzzle apps, though that also includes web apps started in the mid 2000s.
Re: Where is the money for mobile app developers in blockchain?
#14Earlier quoted context omitted.
That's a really cool idea, but what on earth does it have to do with blockchain? Wouldn't it work better with a trusted 3rd party centralised system? Issues I see: - Does every phone now need to store the entire log? Otherwise, who do you trust to give you the current state? - What prevents me faking a log? Why would people be doing constant work on the chain to prevent it?
The trusted 3rd party could be maintaining a blockchain. Blockchains don't have to be decentralized, they're just a type of db that can be decentralized.
Do you mean the trusted third party could be maintaining a GitHub repository?
Re: Where is the money for mobile app developers in blockchain?
#15This author has no spine. If you want to be an entrepreneur, stop chasing fads and start creating real value for people.
Plenty of entrepreneurs have made a lot of money chasing fads. Web 2.0, NoSQL, microservices, etc.
Re: Where is the money for mobile app developers in blockchain?
#16Earlier quoted context omitted.
The trusted 3rd party could be maintaining a blockchain. Blockchains don't have to be decentralized, they're just a type of db that can be decentralized.
You can do proof-of-work without a blockchain and have a trusted 3rd-party entity, like hashcash... https://en.wikipedia.org/wiki/Hashcash
That produces a currency though, which would be the reward for the work.
What is the reward for doing such proof of work in the context of custody chains?
Re: Where is the money for mobile app developers in blockchain?
#17Where is the money for mobile app developers, period? I've yet to see the first person in my personal network reaching a state of being able to make a living from mobile apps (and obviously, I'm excluding the survivor-bias stories from the media here).
There's definitely money to be made from mobile, I had a nice little passive income stream from my Windows Phone apps before it went under.
Also, developer salaries for companies that are hiring for mobile are always high
Re: Where is the money for mobile app developers in blockchain?
#18This author has no spine. If you want to be an entrepreneur, stop chasing fads and start creating real value for people.
> stop chasing fads and start creating real value for people
The two aren't mutually exclusive. The best startups combine the two: solve real problems via what's hot and attain virality and investment attention.
Re: Where is the money for mobile app developers in blockchain?
#19This author has no spine. If you want to be an entrepreneur, stop chasing fads and start creating real value for people.
Plenty of entrepreneurs have made a lot of money chasing fads. Web 2.0, NoSQL, microservices, etc.
How many of them made a lot of money chasing a literal fad -> foodie shots?
My great idea is to make a blockchain version of HN and instead of karma you get HNCoin, just need a 100 million dollars and a top-100 userbase...
Re: Where is the money for mobile app developers in blockchain?
#20Earlier quoted context omitted.
You can do proof-of-work without a blockchain and have a trusted 3rd-party entity, like hashcash... https://en.wikipedia.org/wiki/Hashcash
That produces a currency though, which would be the reward for the work. What is the reward for doing such proof of work in the context of custody chains?
I am assuming the value of the custody chain as a whole and its constituents.
If intellectual property has value, then a hash of a particular work product could be used in a chain-of-custody for ownership of IP (transfers, licensing, etc).
But, yes, if it is just for virtual kittens and their accessories, I am at a loss.
Otherwise, why are you wasting compute, right?