After the ICO fiascos that totally bogged down a popular network the difficulty in developing apps on a decentralized network should be self evident. If a single ICO can cause such problems, imagine what a single popular app used 24/7 would do to a decentralized network. Or even several popular apps. The network would not be able to keep up, the apps would become useless and people would move on to something that works.
The fantasy of a "world super computer" capable of running 1000s of DAPPS, running smart contracts for banks and acting as a currency should be delegated to history. It's absurd to expect a public chain to do that.
Topic: We need apps not coins - page 2. (Read 1370 times)
Why is all the investment going into more blockchains?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
Because the apps don't make these scammers instant millionaire.
Haha, you get the point, the investment market has a powerful force to make project teams to make coins rather then to make apps. We have to admit no one will develop apps without payment.
I'm for more apps
I've been trying to sign up to a few exchanges etc in the last few days to purchase coins and its like trying to jump through hoops
I've been trying to sign up to a few exchanges etc in the last few days to purchase coins and its like trying to jump through hoops
Why is all the investment going into more blockchains?
because it is an investment to make money!nobody is creating a new currency and everyone is instead creating something that can make them more money. and i think it is safe to say 90% of people in this community is also only interested in making more money rather than seeing some usefulness. so developers give them what they want: get rich quick with pump and dumps.
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How do we incentivize programmers to go program apps instead of another coin?
stop wanting money and think about anything else other than profit. both users and developers.then we will see innovations like what Satoshi Nakamoto introduced.
We need to let some of these ICO's move past the "Selling" phase to the "Showing Tech".
Right now it's all too conceptual so it's easy for new ideas to keep coming.
Once these tokens start actually getting used many people will understand the difference between a theoretical token and one that actually can be used on a dapp.
Right now it's all too conceptual so it's easy for new ideas to keep coming.
Once these tokens start actually getting used many people will understand the difference between a theoretical token and one that actually can be used on a dapp.
Why is all the investment going into more blockchains?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
I agree with you, but right now the info-structure is still not solid. Bitcoin has scaling issues and it's not meant to execute smart contracts or carry additional data anyway. Ethereum is the best platform right now, but suffers from many different scaling issues and insufficient developer base. New proposals like IOTA could shift the paradigm and make ETH and other coins obsolete, and this can happen to IOTA itself.
An entrepreneur could invest on a tech that is already old six month later, that's why it's so difficult to create actual apps on top of the existing coins. Moreover there is no way to plan how much time coding this stuff will require. Time management is fundamental. While if you start a team project in python you can give an approximate timeline, if you develop in solidity there is no way, since the language and software are continuuosly evolving.
Why is all the investment going into more blockchains?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
That's already happening and is the reason why we have so many token based ICOs rather than new coins. For examples see Aragon, Funfair, BAT, Monaco, Civic etc.
Why is all the investment going into more blockchains?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
Because the apps don't make these scammers instant millionaire.
The only to not include transaction/service fees are really through support by donations, or by web advertising. There used to be a free tipping service ChangeTip, which allow you to donate and send bits of satoshis to other users completely free without any fees, but this service ended, and I think they would suffer more losses if they continued.
To give services incentives, we would have to be the ones to give them, so are you willing to?
To give services incentives, we would have to be the ones to give them, so are you willing to?
Why is all the investment going into more blockchains?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
We need more consumer focused applications to create the ecosystem. Having so many new blockchains is like having multiple internet / phone lines at home.
In contrast, we need applications like smart tv, netflix, spotify, web browsers...
If we put all the money into infrastructure and not in apps, this will inplode like the fiberoptic investments 20 years ago, that no telco made any money with.
How do we incentivize programmers to go program apps instead of another coin?
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