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Ask HN: Does the blockchain improve any parts of the existing tech stack by 10x?

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Ask HN: Does the blockchain improve any parts of the existing tech stack by 10x?

#1
I've been thinking about this a lot lately. The blockchain is fundamentally architectural innovation. And to me, the core value is in finding ways to improve existing software systems using this new distributed architecture.

Think of products like https://fleek.co/

A few ideas that fascinate me: 1. Better database for specific industries (financial data?) - Core value is not relying on third-party servers by using IPFS. 2. Better authentication (the in-browser wallet auth is smooth!) 3. Potentially a better way to host critical code functions on smart contracts w/ Oracles (since someone can break your hosted code, but code on a contract is hard to modify and break.)

I wonder what other devs think.

Re: Ask HN: Does the blockchain improve any parts of the existing tech stack by 10x?

#7

    Better database for specific industries (financial data?) -
    Core value is not relying on third-party servers by using IPFS
So instead of relying on a third-party with a contract, they'd instead rely on a peer-to-peer network with no SLA? LOL

    Better authentication (the in-browser wallet auth is smooth!)
Oh, it's plenty smooth alright - seems like a day doesn't go by without somebody's apes getting snatched with just a phishing email. Nope.

    Potentially a better way to host critical code functions on smart contracts w/ Oracles
ROFL, see how THAT turned out for all the DeFi projects that have been blown up with either oracle exploits or misconfigured smart contracts this year.
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