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by abiro 1299 days ago
Re costs: it’s decreasing rapidly. Solana is within 100x of DynamoDB prices so costs are soon becoming negligible. At that point costs can be taken over by the app developer or paid by users on a subscription basis. There are also decentralized consensus mechanisms that don’t rely on paying fees (FBA, delay functions). Idk which will succeed.

Re open standards and “software that lets you export”: we’ve had this for the past 30 years and see how it turned out.

Re lock in: no, in a decentralized database, the data schema is public which means it’s trivial to write an app that works with another app’s data.

1 comments

Thanks. Keeping an open mind! This is the best blockchain argument I have heard. At least in terms of what I value.