polynya pfp
polynya
@polynya
A decade ago, the Ethereum Whitepaper mentioned every usecase that has been successful - everything from stablecoins to prediction markets to name services - and some that haven't Around that time, BitShares was already live with PoS, free and fast txs, DEXs, NFTs, memecoins, algorithmic stablecoins, user-issued tokens etc. 7 years ago, the ICO mania experimented with every possible "____ but blockchain" 4 years ago, we saw our last major wave of application innovation that proved everything discussed a decade ago Crypto is a successful, mature industry, anyone who says "crypto is nothing but gambling" is delusional, as are those who say "we're soooo earlyyyy". Acknowledge reality, keep building on things that work, that may work, and abandon everything that has failed for many years (>99.99% crypto projects)
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Fucory pfp
Fucory
@fucory
This isn’t how tech works though. Most successful products have a graveyard of attempts that were too early. The ico failures surely have some ideas that may work now that we got rollups for example
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max ↑🎩 pfp
max ↑🎩
@baseddesigner.eth
agree crypto needs fresh thinking and different kind of products which will be attractive to all people, not just crypto degens
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Degi.eth🛡️🦇🔊 pfp
Degi.eth🛡️🦇🔊
@world
We need for multisigs to go away and for L2 s to have fully decentralized sequencers as the next step.
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zpedro pfp
zpedro
@zpedro
Correct. Pretty much everything “big” so far was already on BitShares. And still we need to keep stating the obvious: it’s not useful. It’s cool and fun and exciting, but serves nothing in the real world
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nikola4888 pfp
nikola4888
@nikola4888
Beautiful description indeed
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Vorcigernix aka Adam pfp
Vorcigernix aka Adam
@vorcigernix
I'll add that this year we are finally fixing the UX. This will be the biggest milestone from all of them in retrospect.
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izusdfib pfp
izusdfib
@izusdfib
The encryption industry has matured and application innovations continue. Facing the reality, insisting on effective construction and eliminating obsolete projects to promote the industry to move forward steadily
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jukulliyaghallami@gmail.com pfp
[email protected]
@ofuck
222
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Empath pfp
Empath
@empath
Bitshares is more of a display of how bad those ideas fail.
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Bend pfp
Bend
@bend.eth
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Future of Radio pfp
Future of Radio
@michael-smith
I love it and question abandoning most crypto projects as they would have to be purged, which would devalue and ultimately waste infinite tons of important work and development by nearly everyone here today. To be fair we have to avoid being right so maybe I am wrong in the context of the plain meaning of your statement since I am in near agreement with it. We cultivate the good from the bad, and should have a mile wide pathway for everyone to move forward.
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Rumblestiltskin pfp
Rumblestiltskin
@rumblestiltskin.eth
214 $degen
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Catch0x22 pfp
Catch0x22
@catch0x22.eth
100 $degen
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