Hacker News Reader

HNHacker News

Top New Best Ask Show Jobs

Comment by serg_chernata | Hacker News Reader

Parent Full thread

serg_chernata·

"Blockchain is Dying"

Someone may eventually be right, but the number of times these words have been uttered is astounding.

View on HN

It is a little more nuanced; the hype is dying (or so the writer believes).

I understand and agree. It's just a "water is wet" article.

There's no profit in current bear market = there's no hype.

The benefit that the technology brings, sans speculation, should be the same regardless of whether it's a bear or bull market though. What about blockchain technology development that isn't tied to a tradable token?

There is an EIP 1337 "Subscription Services on the Blockchain" that I think will supplement/replace tokenomics. It's what it sounds like, a decentrilized subscription protocol that allows builders to monetize their d-apps with ETH based on recurring payments to access the services.

This is essentially the first step to web 3.0 and a universal login.

people realized there is no such value without the tokens.

> It is a little more nuanced; the hype is dying (or so the writer believes).

Which would correlate with the title: "Blockchain’s Hype Is Dying According to Corporate America’s Earnings Calls"

As a software developer who relies heavily on git, I sure hope 'blockchain' isn't dying!

If Git is a blockchain, explain `git push --force`.

A way to break the chain and create a new one. I was making a joke and using a very loose definition of 'blockchain'[0], so shoot me.

0. "a data structure that carries some quantum of payload and a reference to the previous block"

I guess DAG with a merkle tree data structure would be more appropriate. Blockchain should be reserved for DAG's that use Nakamoto Consensus (or similar) to determine the longest chain.

Reply on news.ycombinator.com