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by nindalf 639 days ago
> last I heard of Cloudflare spinning something up just to wind it back down

Cloudflare bet big on NFTs (https://blog.cloudflare.com/cloudflare-stream-now-supports-n...), Web3 (https://blog.cloudflare.com/get-started-web3/), Proof of stake (https://blog.cloudflare.com/next-gen-web3-network/). In fact they "bet on blockchain" way back in 2017 (https://blog.cloudflare.com/betting-on-blockchain/) but it's telling that they haven't published anything in the last couple of years (since Nov 2022). Since then the only crypto related content on blog.cloudflare.com is real cryptography - like data encryption.

I'm not criticising. I'm just saying they're part of an industry that thought web3 was the Next Big Thing between 2017-2022 and then pivoted when ChatGPT released in Nov 2022. Now AI is the Next Big Thing.

I wouldn't be surprised if a lot of the blockchain stuff got sunset over the next few years. Can't run those in perpetuity, especially if there aren't any takers.

1 comments

Im neutral on crypto, I see it like AI, its just waiting on some breakthrough that pulls everyone. My suspicion is someone needs to make it stupid easy to get into crypto.
Crypto is actually pretty useful and common in some marginalised communities where payment processors usually refuse to service (e.g. some sex stuff).