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orbat  ·  2502 days ago  ·  link  ·    ·  parent  ·  post: Crypto crash discussion thread

    I think your last paragraph is spot on, but it completely contradicts the "few applications out in the real world" part.

My point was more that there are no current, widespread applications out there; I think that there will likely be widespread applications in the future, but they'll be Linux-like in that most of us aren't even going to be aware of them.

I don't deny that people are working on DLT-based solutions. Whether 99.9% of the ideas are even viable (if you can replace the word "blockchain" with the word "database", you likely don't need a blockchain) is another question. We're still in the extremely early stages of figuring out what we can and should do with DLTs, so we're going to see a lot of "put a blockchain on it!"-type solutions among the actually useful ones