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by marta_morena_25
2125 days ago
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That sounds more like clickbait. Just as if someone took the latest marketing buzzwords and somehow tried to make a product out of it. If there was any meat to this, they would lead with the use case and say "Hey here: This is the problem the world has. Here is how we solved it". But anything blockchain related already went more like "Uhh look, here is a blockchain. Enjoy". This is worse... This seems to be just like Ethereum without the blockchain. What does "building directly on the internet" even mean? What do I ever need distributed, cryptographic consensus for? The use-case escapes me completely, this even seems more useless than Ethereum, where I can see at least some applications thanks to the blockchain. But that thing without the blockchain just doesn't make any sense. But hey, it got WASM, so must be cool. |
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Generally the use case for decentralized systems is if you want to disintermediate an existing middle-man who has proven untrustworthy, expensive, or problematic in some way. Or, you want to enable a group of parties to coordinate their activities in ways not previously possible without a (currently non-existing) trusted intermediary. The middle-man function is automated and federated. That’s it.
Any business model dependent on a middle-man is potentially a business model for decentralized systems, if the economics, risks and feature requirements compare favorably. Bitcoin addressed arguably the most impactful one - money - but there may be others.
>this even seems more useless than Ethereum, where I can see at least some applications thanks to the blockchain.
DFINITY is a “blockchain” in the general meaning of the word, aka a public decentralized computing platform with a native currency and attendent economic incentives. It may use other data structures under the hood than most current blockchains, but the use cases are mostly the same as Ethereum.