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by heliumcraft
3635 days ago
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The key difference though is the decentralization part. The backend cluster can have downtime or be shutdown, with Ethereum it wouldn't have downtime ever and can't be shutdown either. It is 'pay-to-play', but the cost is often minimal (half a cent per transaction), nothing is really free either, when one uses something like facebook one is paying indirectly one way or another (though personal information, seeing ads, etc..) |
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It is migrating away from a free web to something that is purchased on every page. And given that bandwidth and storage are getting cheaper and cheaper, that system is a travesty.
And not to mention, when big mistakes like what the DAO did, mommy and daddy (Ethereum) will make it all good.