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by BreakfastB0b 2927 days ago
50+ Real-World Blockchain Use Cases that all involve some kind of trusted party thus invalidating the whole point of using a blockchain in the first place. Call me when you have a solution to the Trustless Oracle Problem. Until then just use a fucking database.
2 comments

There is the ChainLink project that aims to solve the problem of centralized Oracles.
these offer ala carte solutions for bootstrapping a network and aligning economic incentives

you don't need a blockchain or other distributed ledger technology to do it, yet the community built around those DLT projects are much more supportive and more economically aligned and are cheaply acquired

giving advantages over both

- private equity fundraising

- kickstarter style consumer-product fundraising

it doesn't matter if thats an agreeable stance, that is the reality right now. If you don't like it, then a series of tools have to be made to compete, good luck bootstrapping your community around that goal.