The problem is, they have a fundamentally simple concept that solved the double spend and trust problems for a decentralized (sort of currency).
That part we kind of figured out, maybe it's ok, albeit super slow and power intensive, but let's put that aside for a while.
But is there a solid mathematical and cryptographical basis for everything else layered on top? I don't get that impression, it just looks like they're just plugging gaping holes because there's a gold rush to be continued!
If they're just rebuilding a crappier version of the global financial system, there's no point in the rest of us following them.
That part we kind of figured out, maybe it's ok, albeit super slow and power intensive, but let's put that aside for a while.
But is there a solid mathematical and cryptographical basis for everything else layered on top? I don't get that impression, it just looks like they're just plugging gaping holes because there's a gold rush to be continued!
If they're just rebuilding a crappier version of the global financial system, there's no point in the rest of us following them.