31–40 of 139 posts
Not exactly a Dapp, but to me the first killer cryptocurrency use case is/will be Althea: https://altheamesh.com/ , incentivized mesh-networking and internet provider services with micropayments.
If we ever live in a city though I will be the first to put up a system that can run Althea Mesh.
Anything to put a tiny dent in the last-mile providers.
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What makes dapps "special" (i.e. why we have a separate name for them) is that they utilize a blockchain in one way or another. For example for storage or transfer of data.
I think the point is that's not actually an interesting feature. The programs use an over-hyped database hoping to siphon off a bit of the hype...did we have a separate name for programs using NoSQL too?
Yeah, horrible legacy projects that are a pain in the ass to maintain
Source: I am working on a legacy API based on a noSQL database with a very dumb design (because the data was relational of course) in a very large company
So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? One I came across recently that looks promising is joy stream: http://joystream.co Joy stream appears to be a service which rewards people for hosting torrents. I could see this being used by a lot of people. Are their any services that provide usage figures for any of these Dapps? I’d be curious to know how much they are used a…
The Dai stable coin. Many different smart contracts are constantly working together to keep the token worth very close to 1 USD: https://coinmarketcap.com/currencies/dai/
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What makes dapps "special" (i.e. why we have a separate name for them) is that they utilize a blockchain in one way or another. For example for storage or transfer of data.
I think the point is that's not actually an interesting feature. The programs use an over-hyped database hoping to siphon off a bit of the hype...did we have a separate name for programs using NoSQL too?
> it sure feels like 2018 is the year we start getting decentralized applications (Dapps) we can use. does it, though?
0) Augur, decentralized prediction markets and a very early ICO has reached the bug bounty phase, getting much closer to launch (https://medium.com/@AugurProject/announcing-the-augur-bug-bo...)
1) Golem, another early ICO has launched (https://www.coindesk.com/golem-arrives-one-ethereums-ambitio...)
2) Distense, a decentralized code-cooperative with be running on the Ethereum mainnet in a few weeks (disclosure: my project) (https://disten.se)
3) 550 more live here: https://www.stateofthedapps.com/
So much of VC funding is just about being in the right place at the right time. A lot of these guys seem like geniuses because of winning bets, but that's because nobody talks about their flops. It's entertaining watching all of the VCs who have made a major bet on crypto, who are now doubling down on what looks more like an overheated casino losing steam. Fred Wilson might end up watching the tide go out on this one…
F2Pool is one of the biggest pools in Ethereum. It was alleged that they manipulated the Status ICO:
https://themerkle.com/f2pool-allegedly-prevented-users-from-...
They controlled 26.6% of the total Ethereum hashing power.
So, lets say this twitter clone - Peepeth takes off. And then there is someone who wants to post some stuff against F2pool. What is stopping F2pool from manipulating the feed? You might say other miners controlling 75% of the hashrate will pick it up. Sure, you might be correct. But what if the post shits on every other mining pool out there? What happens then? What if the post is time sensitive?
Decentralized apps can only go so far considering there has to be a record for the system to work. And if record keepers manipulate the system it will fail. The question becomes then:
Quis custodiet ipsos custodes?
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> So what Dapps does anyone here use apart from decentralized exchanges and crypto kitties? I use patchwork everyday, just like FaceBook or Twitter. Content quality is excellent. https://github.com/ssbc/patchwork That is, if Dapps can be taken to mean distributed apps - instead of just apps on blockchain with consensus.
Dapps mean apps on blockchain and consensus. Patchwork does not apply, otherwise one could mention "Torrents!" etc. You would be at least 20 years late to the party.
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I think the point is that's not actually an interesting feature. The programs use an over-hyped database hoping to siphon off a bit of the hype...did we have a separate name for programs using NoSQL too?
>have a separate name for programs using NoSQL too? Yeah, horrible legacy projects that are a pain in the ass to maintain Source: I am working on a legacy API based on a noSQL database with a very dumb design (because the data was relational of course) in a very large company
How can a "legacy" project be using noSQL? In my company, "legacy" projects are projects that have been around for 10+ years. MongoDB hasn't even been out a full 10 years, yet...
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The Dai stable coin. Many different smart contracts are constantly working together to keep the token worth very close to 1 USD: https://coinmarketcap.com/currencies/dai/
Why is that good?
This of course assumes that this coin can actually hold its value in the event of a market crash. I also assume it’s not backed by real dollars held in a bank but some kind of basket of other cryptoassets right?