Elph wants to be the Netscape for cryptocurrency
techcrunch.com
techcrunch.com
I don't understand the comparison to Netscape either. When Netscape was in it's prime, Elph's founder was 5 years old.
Ironically, Coinbase sees themselves as "the Google of crypto". Having worked at Google, this seems nonsensical to me. Google was built at a much later time in the dot-com boom, when the Internet had expanded so much that you couldn't have a single on-ramp to it, you needed a satellite overview (in this particular case, literally) to make sense of it all. IMHO the Google of crypto hasn't been invented, because the market for it doesn't exist yet. (Conventional wisdom is that currency is a winner-take-all market, in which case the market for "the Google of crypto" will never exist, because the industry will never get complex enough that you'd need one. I'm not entirely sure that conventional wisdom is correct in this case, though.)
Elph sounds much more like "The Macintosh of crypto" - both because of the app store they're building, and because their focus is on making things that are currently complicated point-and-click.
My view of Netscape was that it was a fantastic browser, and it was quite a bit better than NCSA Mosaic that it replaced. That said at the time, I think the majority of internet users problems were much more fundamental, like "How do I get this stupid modem thing to send me the internet". I think it could be argued that the "getting connected to the internet" piece is an analog to 'getting connected to ethereum / blockchain", but its unclear to me how the winners translate over.
EDIT: I reserve the right to be completely missing the point. Feel free to call me out in 5-10 years.
That's just... I don't have words to describe this. You realize Netscape invented SSL? This "crypto" term you and a bunch of other people already existed and has a conflicting meaning since it is one the core functionalities of what your term uses. You and your gang need to figure out a different term. I suggest the term cryptocurrency or digitulips.
:-)
Isn't OpenSSL the Netscape of Crypto?
Further, I don’t understand why Coinbase doesn’t leverage its flagship app instead of owning Toshi, Cipher, and funding this. How often does one use Coinbase? If you are a serious trader you are using their web site. You should be able to buy crypto and apply crypto to dapps in the same place.
Not every "first" idea is going to succeed.
> The ELPH token is used in conjunction with the Elph Protocol to approve and rank dApps in the dApp store.
It looks like the system can be gamed for profit.
Luckily, they only seem to incorporate BAT, which is fully opt-in, and seems to have no overhead for regular users.
I thought this article was going to be about cryptography, not more hype for dunning-krugerrands.
and you'll need to learn what "context" means, because there isn't anything binary about a word's ability to be used for multiple purposes in different subjects