I keep wondering why people are so intellectual invested in block chain technology, I can not imagine a block chain internet on a freenet internet.
block chain is not the answer to everything in the world.
IMO a lot of people just follow the crowd. The âblockchainâ is the current buzzword.
Personally Iâm happy for SAFENet to remain off the radar for now - itâd just cause more stress for the devs. Once itâs fully launched itâs going to grow much faster than bitcoin or any other cryptocurrency. So marketing isnât going to be our problem I think.
I think maidsafe has real value as a currency for exchange within the network as it own micro economy. So I need to buy more also but I am wanting it from the safex when lunched.
Perhaps, but there are PoW-based storage projects out there. Each has its advantages, none of them overlap with MaidSafe.
Are there âtoo manyâ kinds of Linux and BSD?
From TFA:
powerful mining pools now control much of the infrastructure and rent-seeking individuals control a lionâs share of Bitcoinâs value.
Mining pools donât âcontrolâ anything. Each owner controls their own mining rig (i.e. their own piece of infra). Thatâs how itâs supposed to be.
âRent-seeking individuals control a lionâs share of bitcoin valueâ: who? How?
Is that because they bought in when BTC was cheaper? Maybe itâs cheaper now and you could do the same. Would that make you a rent-seeker?
Blockchain start-ups begin from the assumption that there is no trust and no community, only individual economic agents acting in self-interest. Fair enough, you might think, itâs precisely the fact that projects like Ethereum engineer confidence and provide economic incentives for contribution that may distinguish it from other services like Freenet. But it also proceeds from a perspective that already presumes a neoliberal subject and an economic mode of governance in the face of social and/or political problems.
I think the bitcoin community have centralized thought process because many are to heavy in the investment of bitcoin mining equipment or have there whole wealth transferred into the block chain, so for anything that give their equipment more value by recreating the wheel will get promoted. so I think the difference is a mono culture of cropping mass plantation of farming technique versus to the ability to create a balance eco-system using the technique of permiculture using intelligent design of nature to create abundance with low input.
I think itâs more that the advent of blockchain tech gave some folks a hammer that they hadnât conceived possible before. Now everything is a nail to be dispatched with that hammer.
Also, thereâs a centralization of matters regarding bitcoin that Wall Street and others are starting to throw money at, largely because they see that it has advantages and they thing they can control it. I think those folks are swallowing a poison pill, frankly, but there is also some truth in their stance. They can mold a lot with their traditional tools, but blockchain tech is a tough nut because, however inefficient it is, the public record is the public record. As the Factom people say âItâs hard to know today what lies youâll need to tell tomorrow.â
Watch, though. Awareness will start to penetrate slowly. I think the Crossroads podcasts on LTB will help push this, and I bet Paige, Nick and anyone else who attends conferences is starting to see more reach back. Slowly, because it takes a bit to grasp the facts underlying the things weâre stating the network will be capable of. Itâs still not activated, so to most theyâre just curious claims to most. Thatâs okay. The reality of it will start to sink in as the fact of the SAFE Network gets more solid.
Weâre still viewing potentials. Very real, but still potentials. Bitcoin and other blockchain tech has had a chance to prove itself in action. Canât blame people for grabbing it as a factually proven tool that already exists.
The SAFE Networkâs time in the bright sun has not yet arrived. But itâs starting to glimmer.
I think that MaidSAFE is invisible to the Bitcoin community because they cannot currently store their private keys on it⌠It also will be handy for storing the blockchain.
Once they can, there is a good chance that people will flock to itâŚ
Blockchain does seem quite rube-goldberg to me â for a lot of applications anywayâŚ
Trust me, no bitcoin miner (or investor, or anyone else for that matter) wants to create the same amount of output using a higher amount of input.
Every investor tries to create more outputs using the minimum amount of inputs possible.
Itâs like the PoW vs. PoS debate (assuming that PoS can do the âsameâ using a smaller amount of resources). Or Coke vs. Pepsi. Why not the both? Coke AND Pepsi is fine. Let the market decide.
Of course, thatâs expected and not bad (thatâs why many people hang out here as well, itâs just that they bought MAID).
What youâ seem to be complaining about is the hammer-nail approach of the bitcoin community.
I really canât tell - I doubt anyone can - but if itâs really like that (bitcoin not suitable for such projects), MaidSafe-like projects based on bitcoin will fail. Letâs revisit this 6 months from now.