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by feedjoelpie 3155 days ago
Not to be all "both sides tho," but I think you're both right. I code on blockchain stuff from time to time, and it's both really awesome for the decentralized no-trust part and straight-up nonsense for entire categories of problems that would be better solved off-chain. The hype machine is crazy and driving things toward the blockchain that absolutely don't belong there. ("Uh, do you need a blockchain, or do you just need to cryptographically sign something, and you've never thought about cryptography before today?") There are still some very interesting untapped possibilities that aren't better-served by any centralized system yet.
1 comments

Oh, yeah definitely. Blockchains are for if you care about decentralized systems. And you pay a whole lot to get that one feature.

If you don't care about that one feature, decentralized blockchains are strictly worse on a number of metrics.