zlacker

>>donsup+(OP)
It's sad that such projects got into YC, when it was easy to tell that Luna/Terra was a ponzi. I looked at it earlier, and stayed away due to these red flags.

Blockchains themselves have a bright future though as a technology which is truly fantastic and keeps innovating rapidly. Right now, with all the negative press, it may be easy to dismiss it, but it will come back as a trustless computing platform that the world needs.

I am biased, as we chose to build in that domain but proud that we're developing actual new tech for smart contracts... YC, you can still accept us in the next batch :)

>>hbbio+ll
Trustless computing might have a future, trustless money no.

>>whatev+Sm
Money is a use case that attracts scams indeed, and will be harder to get right.

But we're building for a future where apps like Calendly can be smart contracts. With new blockchains* that have a very low tx fee (imagine $0.00001 / tx), I clearly see many services migrate to smart contracts.

They won't require any subscription, existing data is never at risk of being wiped out, and hopefully we will keep optimizing app and data size enough to get back to apps that just work, without the cruft or bad incentives. We're here to make that happen!

* New research papers suggest we can reach > 100k tx / sec with great safety and liveness properties

>>hbbio+uC
Excuse my language, but why the fuck would I want my calendar on the blockchain, and also pay for the privilege?

>>Invict+QW
Hopefully the transactions fees would be so high and the confirmation times so long, that it forces your manager to think twice about scheduling that "check-in" 2 days before a customer demo.

>>nemoth+cx1
You may be on to something. If I smash my router, my manager can't possibly assign me another Jira ticket.