81–90 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.
Earlier quoted context omitted.
A VC is willing to take 20 flops to get one breakout bet.
Sure, but when vetting a baseball player you check the batting average; when handicapping a horse you check the races they've lost for conditions they can't handle as well; when comparing Halo player stats you check the kill/death ratio. Vetting a VC only by wins is missing quite a bit of information, presumably. It can at the very least tell you about potential blind spots and some idea how much actual skill may be…
I investigated “Dapps” the other day, and I’m struggling to see the point of these. Yes, they use a blockchain to store their data, and their data manipulation logic (“contract”, or schema, and stored procedures as we’d call it in the RDBMS / Monolith days). The UI, and such is all run by some centralized entity. If the App needs cryptocurrency in order to work, you have to run your own wallet.
If (1) I need to run my own “geth” daemon, and (2) some central authority’s ownership is reigns over the apps availability, I don’t see how this is better than the current world. Until there is a Coinbase-like experience to solve (1), I think it’ll be very difficult to get real market adoption. (2) to me strikes a whole set of problems — What’s the point of Dapps? I would think it’d be better if the UI and API was hosted on a blockchain, and there was some kind of UI (browser?) with an embedded wallet, and agent to be able to interact with contracts. I know some of this is in development, but is anyone close to the ability to run a Reddit-like site without the existence of some central authority, along with being economical to run?
So after browsing through Blockstack's website and a few of these Dapps there's something I don't quite understand. Storing data into the blockchain itself is obviously extremely expensive so I wondered how they did that. Turns out that for most of these apps they either don't tell (as far as I can see) or have this exact same snippet of text in their FAQs: >By default, your data is stored in a dedicated Microsoft Az…
From the FAQ: Can Blockstack apps scale, given that Blockstack uses blockchains which don't scale that well? Yes. Blockstack only uses the blockchain for name registration. Everything else happens off-chain, so apps work just as fast as they do on the Web.
Just to be clear I'm not saying it's useless, actually being able to host your own data anywhere you want and having "end-to-end" encryption sounds great, I just don't see the "blockchain is going to revolutionize the world" angle.
So, I might be an idiot. I investigated “Dapps” the other day, and I’m struggling to see the point of these. Yes, they use a blockchain to store their data, and their data manipulation logic (“contract”, or schema, and stored procedures as we’d call it in the RDBMS / Monolith days). The UI, and such is all run by some centralized entity. If the App needs cryptocurrency in order to work, you have to run your own walle…
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…
https://steemit.com/ is very popular
Earlier quoted context omitted.
> Yeah, horrible legacy projects that are a pain in the ass to maintain 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...
>How can a "legacy" project be using noSQL? A project doesn't need to be 10+ years old to be legacy. This API is 3y old, and was the first iteration, the v1, of the company's digital asset management API, it's only maintained for a few teams around the world, whereas the v2 is well crafted and has a way more logical datamodel Legacy != old
So, I might be an idiot. I investigated “Dapps” the other day, and I’m struggling to see the point of these. Yes, they use a blockchain to store their data, and their data manipulation logic (“contract”, or schema, and stored procedures as we’d call it in the RDBMS / Monolith days). The UI, and such is all run by some centralized entity. If the App needs cryptocurrency in order to work, you have to run your own walle…
The UI has to be white listed, but dapps can be cached locally. There's a lot of argument about what is centralized and decentralized. It's quite a polarizing debate.
> If the App needs cryptocurrency in order to work, you have to run your own wallet.
To read from the app it generally won't require cryptocurrency.
> (1) I need to run my own “geth” daemon
There are public nodes (i.e. Infura) for Ethereum dapps.
> I would think it’d be better if the UI and API was hosted on a blockchain, and there was some kind of UI (browser?) with an embedded wallet, and agent to be able to interact with contracts. I know some of this is in development, but is anyone close to the ability to run a Reddit-like site without the existence of some central authority, along with being economical to run?
Toshi is developed by Coinbase. There are a few other projects as well like Status. It's very early days though. Blockchain typically has low TPS and the alternatives are very complex. I'm hoping technology like Hashgraph or Hashgraph-like will deprecate state channels and payment channels.
Sure Dapps might be an interesting concept but let's not pretend it is free from manipulation. Miners are the gatekeepers to the system. 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 th…
Having a huge mining pool is super lucrative. Why would you want to mess with your underlying cryptocurrency and threaten your income if you're a mining pool?