If it were a 216B cryptocurrency then it would indeed be laudable. It’s Ethereum and it is innovating in every aspect.
The idea that no name engineers at Google work on more interesting problems is laughable to me as someone who worked there for 3 years and saw the vast majority of them work on garbage Angular apps or borgcfg . Not exactly designing a zero knowledge roll up chain in complexity.
The “cryptocurrency=bad” bros on hacker news are getting so tiresome. Many people think things like adtech are scams yet if every single time someone brought up Google we derailed into that conversation it would rightfully get moderated but with crypto, dang is asleep at the wheel.
Actual cryptography experts like Dan Boneh and Silvio Macali are full time on cryptocurrency, but since your L4 Google buddy thinks it’s a scam, that settles it so we bring it up every damn time.
Meanwhile adtech is making the internet awful, and thus stories increasingly show up about how bad Google has been getting as well.
I used to read all the white papers for all the new coins, and was definitely on the side of Ethereum as an interesting experiment when it released, but nothing has happened to make me think a premined securities play hasn’t turned out to be a scam.
And not everyone at companies like Google are doing the same thing. Just because you didn't know them doesn't mean there wasn't brilliant work being done there, especially with regard to their scaling and machine learning. The folks at deep mind are doing far more brilliant and innovative work than Ethereum.
Could you expand on what you mean here? What are the aspects?
You can read more about issues on Vitaliks website for example when Musk tried to become a blockchain expert overnight he looked a bit silly:
https://vitalik.ca/general/2021/05/23/scaling.html
Vitalik is probably the only Billionaire in the world I don't hate and ethereums innovations are incredible.
At least this is honest and doesn't provide a date given how many times the planned date has slipped.