If your blockchain 3.0 project competes against ETH but doesn't have a way to beat ETH's developer traction you have massive execution risk. Scalability won't be enough. Neither will formal verification. Neither will onchain governance. Recruit developers not investors.
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I would expect them to make a decent wage. That being said, I left ConsenSys and eventually started my own consultancy, since there didn't seem to be some huge upside for me.
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Sorry I should have been more precise. The Uber dApp founder doesn’t make tens of millions+, right?
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Correct, it's unclear to me why they would.
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For smart contract platform tokens to ever become SoV’s, it neccessitates massive economies being built on top of them. The aforementioned lack of profit motive to build in that economy makes it difficult to imagine why those economies would be massive. What are your thoughts?
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You can check my tweets, I think the store of value narrative is overblown/basically-nonsense.
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What’s the TLDR on why you think so?
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Public key cryptography assumes keys are NOT durable.
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This issue will likely be solved. This isn’t an economic / monetary argument at all... Cryptoassets have all the properties requires of a potential SoV /// Money
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