Comment

Comment by petesergeant

> cheap loans

a loan that might double in the amount of fiat you have to pay back isn’t cheap, it’s nuts. Also there’s significant cost converting to and from fiat to take it out

> filecoin

https://randomoracle.wordpress.com/2019/12/07/filecoin-storj...

> LabDAO Toucan Golden.xyz

Why not just a centralised database though?

> Radicle.xyz

OK sure, if you have code that GitHub won’t accept, then this looks ok, but presumably it either has a mechanism to stop CSAM on it, at which point it can also be censored, or the Feds are coming for you if you run a node…

> Helium - Incentivization layer for the LoRaWAN network

Some kind of payment mechanism for sharing Wi-Fi? I didn’t have time to dig deep enough, but almost certainly a centralised authority would work better because it almost always does

> NFTs

Better handled by a central authority, and looks like OpenSea is already acting as one re stolen apes etc

> A blockchain is not a database … A blockchain is an escrow without a third party

And the lack of use-cases for that is the reason there are so few use-cases for blockchain

Discussion

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton