Ethereum

"There will be no “killer app” for blockchain tech. The reason for this is simple: the doctrine of low-hanging fruit. If there existed some particular app for which blockchain tech is massively superior to anything else for a significant portion of the infrastructure of modern society, then people would be loudly talking about it already" - Vitalik, 2015

/ethereum foundation | control the memes control the minds paragraph.xyz/@chaskin

I still think the “killer app” is instant, global, sub cent transactions. It amplifies existing economies and creates new digital economies previously not possible. 


It takes a while to replace global infrastructure & current payment systems do a great job of hiding their egregious take rates

I think he'd argue that rather than that being a "killer app" it's a marginal improvement over existing apps which is why it's taking so long to replace current infra. Whole peice is great, worth a read (or reread ;) )

leading Builder Success @base | onchain since '17 | anything for the builders

I think he'd argue that rather than that being a "killer app" it's a marginal improvement over existing apps which is why it's taking so long to replace current infra. Whole peice is great, worth a read (or reread ;) )

https://blog.ethereum.org/2015/04/13/visions-part-1-the-value-of-blockchain-technology