There is real and undeniable innovation happening in the blockchain, aimed at fixing problems created by the blockchain, just like resolving the problems introduced by string theory has become the central research program of theoretical physics.
At some point all technical issues will be fixed, blockchain payments will work, and there will be a simple client you can download that's lightweight enough to run on a phone in the background. And whoever distributes that client will have 100% control of the entire system
At that point we will have rebuilt the Visa network and financial regulation via a 100,000 developer-year detour.
“We shall not cease from blockchain development.
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.”
“We shall not cease from blockchain development.
And the end of all our exploring
Will be to arrive where we started
And know the place for the first time.”
The plague that finally wipes out humanity will probably be some @balajis-funded blockchain-on-RNA CRISPR play
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