Hacker News new | ask | show | jobs
by Heronymus_Anon 1244 days ago
Mildly disagree. Problem with blockchain is that masses are focused on financial uses, whereas I think lots of the potential is in liquid tools for self-organizing, something ~ like zeroknowledge privacy protecting data mining. So essentially tools that are not really meant for big business or fast money schemes, but for social transformation useful for humans (and AIs). It may raise the quality not the quantity of your years. (..of course raising both would be appreciated ; ))
3 comments

I do think there is potential in blockchain, I just don't think its actually needed in most situations. Zero trust is an interesting tool for a limited set of use cases, much of what I see being built on the blockchain could just be a web service with a legal guarantee, which would make it more efficient and cheaper, the majority of people would care less about the implementation.
I don’t think there will be zero actual crypto use cases. I just think dumping billions more in VC money to that stack is a bad idea at this point. And that the current “crypto industry” Is pretty much a scam/gambling. Maybe some kind of escrow, maybe privacy.. stuff.

Whenever I ask people what the real crypto projects are they still give a very abstract handwavy buzzword-heavy answer like you just did

Totally agree. Do you know any companies or projects in this space? Or in federated learning / differential privacy using blockchain? Tons of use cases can be enabled by them.