polynya pfp
polynya
@polynya
PSA: Blockchains are *NOT* decentralized, immutable, permanent, transparent, verifiable, resilient, democratic or fair, or other misused buzzwords. Sure, they can be a couple of those things depending on the blockchain, but not a fundamental property of blockchains, even if they are these are much better accomplished by non-blockchain P2P/cryptographic systems. This is not "FUD", but to better leverage blockchains we must understand & be educated about its unique properties. Why do you think we get racist ponzis instead of useful apps? I have covered these topics at length over dozens of blog posts. The *only* unique property of blockchains is strict global consensus - a strictly ordered, objective set of txs in real-ish time. While very limited, this property is extremely valuable for extralegal financial transactions. You probably think I'm a blithering idiot, fair, but there's at least one other person who will tell you something similar: https://x.com/VitalikButerin/status/1743040410212053350/photo/1
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Dino pfp
Dino
@dinoeggs
But what are the chances other problems are solved by these technologies you mention? Is it possible that blockchains are just an easier way for devs to solve them, even if chains aren’t strictly required?
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Dino pfp
Dino
@dinoeggs
Also how do you view rollups and verifiable compute like ZK coprocessors (or anything that settles onchain) fpr the longer tail of use cases that you say don’t “need” blockchains?
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