201 karma · joined March 10, 2012
I use the insight timer app which has nice analytics and you can see everyone around the world and your city meditating with you, which is a nice social feature.
This might help explain things. (2 min)
Imagine if Facebook did something like this with $FB stock to reward it's early users: https://www.theblockcrypto.com/linked/78255/140k-addresses-u...
Over $9 billion is now locked in DeFi apps - https://defipulse.com - Instead of being like the ICO bubble, in DeFi you lock your money up (not exchange it for a worthless token built on vaporware).
Reddit also added ETH-based coins to some subreddits this year and is doing an ETH scaling competition - https://www.reddit.com/r/ethereum/comments/hbjx25/the_great_...
You can already purchase Reddit MOONS from the r/cryptocurrency subreddit here: http://xmoon.exchange/
Arweave is based on a new consensus mechanism called ‘proof of access’ (PoA). Arweave is more suitable for slow write (upload) and fast read (download). Download is more useful for most use cases, like hosting websites, unlike other decentralized storage projects which are more suitable for write (Upload)
Arweave has developed a system for data storage which makes it economically sustainable and feasible to store data for centuries. The system allows you to have highly available low latency data storage while maintaining an incentive model where miners will store user's data forever.
Some apps you can check out built on the permaweb:
https://medium.com/@arweave/the-arweave-open-web-incubator-d...
https://3255w57x4jrhpmzwesguivvjyqnphc4cej5mea5mdpllp46fnrtq...
https://7usqj2gxzeg2hek6sngrsap3fcizkfklqr2trdkl4tpibc6cgs3q...
https://www.hyperledger.org/learn/publications/soramitsu-cas... - central bank digital currency in Cambodia built on Hyperledger Iroha
https://defipulse.com - $6b+ locked in DeFi applications
I don't see how tech inclined people don't see value in what's being created right now unless your eyes are closed. A new web is being created.
I also suggest you check out the latest Arweave x Gitcoin Open Web Incubator Demo Day from last week to see the latest stuff being built. Looking forward to ArDrive, Verto, WeaveID and more.
https://www.youtube.com/watch?v=Slzyw1w5Ric&feature=youtu.be
One further advantage of decentralized UI hosting on Arweave is simply resilience to website outages: https://twitter.com/rleshner/status/1278444807011139585
https://ftx.com/en/trade/BIDEN
https://www.augur.net/ will also probably have a prediction market for it on Tuesday when they launch v2