4,484 karma · joined December 7, 2016
I feel this one. At a previous gig we had an entire project to try and pick a logging solution, and none on offer let you do the one fundamental operation that makes using logs bearable; full text search.
Karma isn't a currency, it's formalized reputation to surface good content and gamify writing good content.
> If Wikipedia operated its own currency, it could reward helpful contributions and make vandalism costly
The transaction scale (Wikipedia has two edits oer second) required would put it out of the reach of a crypto though. A centralized Wikipedia-buck would work just fine. Wikipedia itself is centralized.
> (you'd lose 10-50% of your currency if you were found to have vandalized a page, etc.)
This is exactly the type of thing that Crypto was built to avoid!
> micropayments
Due to scalability problems (ie gas fees) aren't cryptos much better suited to macro payments?
> Perhaps HN is wrong to simply hate the idea of decentralized currencies?
You haven't really shown that decentralized currencies are required for a decentralized social network.
You also haven't shown how your preferred networks will avoid the misaligned incentives that have created human misery out of existing social networks if they're still going to be for-profit (and the presence of a coin certainly suggests a profit motive.)
But hold up now, is a decentralized social network dependent on a decentralized currency/token/Blockchain? Mastodon for example is a robust decentralized social network has absolutely nothing to do with whatever web2+n you're touting. The idea that you need to rebuild currency in order to build a new kind of social network reminds me of the common gamedev trap of writing a game engine in order to write a game (and shipping neither.)
> I guess you like having public forums being privately owned by tiny groups of people
When you said centralization I didn't think you meant social networks specifically since generally crypto talks about disrupting banks and governments and I think (with some obvious exceptions) I prefer those to, what would you call it... the anarcho-kleptocracy represented by the Crypto space.
More or less of a problem than out and out scams?
> Web5
Did I miss web4?
Overall your complaint would be similar to if I complained that Bryan Krebs was one-sided in his coverage of cybercrime, in that he's never pro-crime.