/biz/ - Business & Finance

>>10526773
Eh, it's hard to say. You could be right. But user data and security is becoming a massive social and financial issue. It would seem to me the clear cut answer is DAPPS, but maybe industry leaders find another solution.

Gaming on dapps will be a very big thing as its a huge industry and gamers will like to be able to make their in game funds into money outside of the game but we're a long ways away from that because scaling is absolute shit currently.

>>10526795
well, most people are dumb and couldn't care less about their data/privacy and what they share online (see facebook)

>>10526816
what is the advantage of decentralization here? the devs could just create a game with the same features and use a centralized server/db to achieve the same.. or what am i missing?

>>10526858
>Devs could just create a game with a centralized server
And then the server goes down eventually because the company inevitably goes bankrupt. Look at things like City of Heroes/Villains. It had an active niche playerbase but still went under, private servers are a perfect fit for decentralization and there is a demand there, cryptos just currently can't fill it because transaction speed is too slow. That will change with time though.

>>10526906
you could have redundant servers with load-balancing so that you are well prepared if one server crashes or if traffic/load gets too high

still waiting fo a real use-case that explains the high mcaps of dapp protocols.

>>10526858
In-game assets are gaining real monitary value. Blockchain tech lets players actually own these assets

>>10527002
ok fine, let's try to come up with another use-case. it can't be games only guys

>>10526938
If they're centralized then the redundant servers still go away when the company folds.

>>10527028
Games are a multibillion dollar industry and will probably reach trillions one within the next decade.

>>10527081
why would the company go bankrupt in the first place if their users pay monthly subs..
still games aren't good enough i need better use cases please

>no games
>no crypto

>>10526773

I was thinking the same thing: Nobody needs a decentralized Candy Crush.

>>10526773
this is true, and it's reflecting on alts recently. people are finding out that crypto is actually worth nothing right now and the market is toppling upon itself. Blockchain has its uses but nobody has figured out what they are yet, which is why the market is dying.

>>10527028
buying drugs or other things anonymously

>>10526773
>no one in the real world ever needed the decentralization of dApps
Retarded thought if you've ever created an app and have to pay 30% to some asshole

A decentralised marketplace where there is no middleman that takes a cut. That can be an Amazon or an AirBnB etc.

A decentralised social media platform. Facebook, YouTube etc.

Basically the point is to either have immutability or lower cost by cutting out middlemen. In social medias case there's also the privacy thing.

This is just from the top of my head.

the real joke is people thinking some slightly better implementation of dapps like in eos is going to have any chance at destabilizing ethereum. and thats not even considering the delusion from people that think chinkcoins will ever be relevant and used outside of china.

>>10527372
Also about the data privacy thing: if NSA wants your FaceBook data they get it. With a dApp(if it's coded that way) you'll be able to control your data(delete, make it public or private). So if NSA wants your data you can send them a dick pic.

>>10527307
exactly my thinking

>>10527326
dApp not really needed here. but i agree, dApps may be more resistant to shutdown / censorship

>>10527330
elaborate anon

>>10527372
ok i get you point. but it all depends on how much the devs charge for their service/marketplace. is it that much cheaper that people actually switch??


moar pls

>>10526858
Hearthstone for example is centralized and the players dont own their deck to any extent. They cannot trade cards they pay for and if their account gets banned their deck is lost.
On the other hand Gods Unchained being developed on the ETH network right now users will have their cards tied to their wallet and are free to trade/own them as they please. (Go stock up on Genesis deck cards while you can)

>>10526773
Wait till Upfiring comes out, brainlet. Torrenting will never be the same. I could easily see it becoming one of the most used dApps out there.

The development team just finished finalizing the .UFR file extension, which is an improved version of the .torrent. It includes the original uploader's wallet address, price of the torrent, and tracker information.

>>10527436
this. all digital assets will be bartered giving people absolute control over everything

>>10527274
>games aren't good enough
Sure they are.

Imagine a decentralized e-sport where a huge megacorp can't just release unpopular patches or milk it's users and content creators nonstop.

>>10527463
/biz/ doesn't deserve UFR

so we still haven't accomplished to name just one use-case outside crypto or games/entertainment... makes you think.

what about finance/banking for example?

>>10527858
>>10527463
ICO investor reporting in.
I'm excited to see what UFR can do.

>>10527471
Exactly, Twitch streamers could have a widget for selling their items right inside of their channel. Will be so much profit and incentive for them to play dapps based games.

>>10527882
>what about finance/banking
People don't want dapps for that. You're being pretty fucking retarded with demanding a use case but going
>n-not that one, that huge industry doesn't count because I don't like it

>>10527858
>biz doesn't deserve it
You're so right though. I don't think I'm gonna post about it anymore

almost everything will be a dapp eventually. even when there are few advantages just because eventually it will become the default. ethereum will scale and be a major player in this a decade from now. im like 50% sure of that.

>>10526773
The gambling industry is going to move to crypto to get away from regulations and bank fees. Retailers will start issuing their own self-tailored cryptocurrencies that are fungible with other cryptos/fiat. Things like Canadian Tire money will become the norm. Anything that needs censorship resistance will use a dapps (think facebook, twitter, reddit, blogging platforms etc.)

You'd have to be a brainlet to not see that there's demand for any of this.

>>10527906
im not saying there are few advantages, just that even apps that dont need to be dapps will be dapps just because it will be the default way of doing things for most things

>>10526818
It's like when fucktards scream "oh now, normies will not be able to use bitcoin, we will never go to the moon". Since when do normies have any money? lmfao

>>10526906
> transaction speed is too slow. That will change with time though.
It already has. https://gameworldeos.github.io

>>10527920
canadian tire money should totally become a crypto

>>10527936
I've been thinking of buying into EOS, going to let it dump some more though, don't think holders are depressed enough yet.

>>10527934
They dont have money yet; but they will start earning BAT from watching Brave ads, or earning Golem renting their CPU usage, or Storj (or an equivalent) for renting out hardware space, or start passively selling data about their personal lives to marketing firms through smart contract.

>>10527957
Risky. The meme lines are aligning for another bullrun. Though in this fuckass of a market you might be right.

>>10526773

see you in the year 3000 when all governments are run by dApps

>>10527426
Kek. Oh you didn't realize that Google play and Apple rape the devs by taking a huge cut just for the honor of being on their platform?

>>10527920
>>10527940
When did Canadian Tire money become so shit though? I remember when you actually got a decent amount back. Now it's like 5 cents on a $100 spent

journalism/whistleblower platforms
anti-censorship file/object storage
gambling
government structures (voting, identity, etc)

>>10526773
the biggest problem with dapps are the fucking tokens
normies will never go through the effort of acquiring a shitcoin just to use something, first they need to get verified on some big exchange to buy btc that already takes a day or 2, then they need to send that btc to binance or whatever and buy the shitcoin, then withdraw it to spend on that dapp all that while not fucking up anything along the way
NEVER GONNA HAPPEN
>hurr alt/fiat pairs durr
yea maybe in ten years and guess what, it's still gonna require verification and the entry barrier will be too big for normies to give a fuck, they'll just use centralized and FREE solutions

>>10528144
Ok last shill posts

>>10527882
Token based coupons for online shopping.
Right now discounts online are done through coupon codes which are a quick google search away for a customer to take 10% off their purchase, allot of money lost for the online store. If they have a coupon token in their wallet it can automatically give them their savings through a dapp, and only customers who have the coupon token.

>>10528144
Noone tell him about 0x.

>>10528169
why would anybody invest in what's being given away for free? "It's free, just take it" seems suspiciously like an anti-shill to me

>>10528198
this is a good idea, anyone solving this?

>>10528169
then answer me these question
1. when will EOS be fully functional with no bugs/glitches?
2. if it's free then what is the token even for, who would benefit from holding it?

there is absolutely a demand for certain types of dapps. prediction markets come to mind. even in the mess of a state augur is in currently you are stupid or never checked it out if you don't recognize that what they have managed to launch recently has extremely high potential to have real demand. of course, it has to actually keep being improved upon and stand the test of time for usability and confidence/understanding to grow. right now all dapps are expensive and cumbersome, or temporarily centralized (therefore not actual dapps). prediction markets and decentralized exchanges are the first things to see dapps with demand pop up because they are prone to localized states of corruption (i.e. exit scams or dishonest dealing). in some instances, they operate in legal grey areas or have high compliance costs that dapps have challenged as an entirely new framework. once more development is done, if it goes well, and once ethereum scaling is solved or there is a transition somewhere else that scales and becomes adopted as a security layer, daps will continue to grow with other types of applications. if the oracle problem can be solved efficiently, then major growth can happen for even trivial stuff like trading card games, digital videogame hats, taxi services, you name it. ultimately tokenization of all assets to be exchangeable in a p2p fashion would be nice, but at a certain point it can't be fully p2p because it still has to interact with the state. (i.e. trading tokenized property deeds) california had state legislation that would give smart contracts legal weight, was posted maybe 6 months ago, I never heard any developments on it but that could be a good start

>>10528216
It's not being given away for free. The developers foot the bill, and they monetize the same way any non-blockchain based game does.

>>10528230
1. Now. Go try it.
2. The token acts as network resources. In the near future, people who stake will get dividends from network resources trading fees (e.g. ram speculators)

>>10528198
except they want you to google coupons and use them. Who do you think issues those coupons, and who posts them online? The owner of the shop.

>>10528275
yeah nevermind im retarded. theyd rather get a sale at 90% of price than none at all.

>>10526773
gr8 b8 m8 i r8 8/8
but seriously i can destroy your whole non argument with just 2 links:
https://fizzy.axa/en-gb/
https://fdd.etherisc.com/
enjoy being a contrarian brainlet
pic related,it's you

>>10528230
Here's an example of it working as intended. An on-chain anonymous forum that lets you post without having a wallet: https://eos-forum.org/#/e/anon

The technology is here. It's just a matter of development and adoption, which is where that $4 billion ICO money is going to go

>>10528261
>2. The token acts as network resources. In the near future, people who stake will get dividends from network resources trading fees (e.g. ram speculators)
what network resources when it's supposedly free to use?

>>10527028
>it can't be games only guys

Social media too. Ask any Youtuber or twitch stream how they would feel if it was impossible to ban them or cut them out of their profits. Of course they would like to have that kind of security.

>>10527882
most of it is still very young, too soon to judge

It is an obvious solution to healthcare data breaches. Which would be incredibly lucrative in the US

>>10527670
The devs are still going to need to be able to add content and do balance patches. But each patch would probably be a fork which would be a massive pain in the ass.

>>10528092
t. someone who has no idea what a dapp even is

you cant just create a dapp and "download" it on your iphone you retard. dapps are just a small snipit of deterministic, purely logic based code.

>>10528400
It's not free. It's "free" in the same way using 4chan is "free". The bill is footed by developers by default so that people who use their apps are utilizing the dev's tokens instead of needing to buy their own. 1% of the total EOS supply is equal to 1% of the network's CPU/bandwidth. Apps can also be designed to require the user to use their own tokens, but that's not the default.

Also, tokens never get consumed. If you reach your usage limit you just have to wait some period of time before you can use the network again. This is how you can have feeless transactions.

>>10526906
>And then the server goes down eventually because the company inevitably goes bankrupt.
You think companies want you to still exploit their IP when they are done sucking the money out of gamers? Hell no, that's why they send seize and desist to whoever tries to host games on dedicated servers.

>>10528485
how is that sustainable in the longterm tho?
I see it as a good way to start adoption but once it's rolling we are back to being forced to buy the tokens to use them, one day the devs will run out of them if it's used enough

>>10528400
>>10528485
so as it says on their website, the tokens don't do anything. Excellent token to invest in, real use case right there sir.

>>10528517
Why would devs run out? They can just buy more.

>>10528530
???

>>10528400
>what network resources when it's supposedly free to use?

The devs pay the cost, the users get to use it mostly for free. Making a wallet costs a bit.

>>10528517
because the resources for the network are increased each year. e.g. more ram added.

>>10528548
>>10528554
>>10528564
how the hell is that token supposed to moon then? is it basicly a useless collectible attached to the network? are devs verifying all those trsnactions? what's the decentralization level of this thing in scale 0-10?

Are people buying it just to support the project out of altruism or what?

>>10528564
A big part of this is also the fact that dapps will usually provide users with a way to earn more coins simply through using the service.

>>10528607
>is it basicly a useless collectible attached to the network
what? did you even read the posts? you need eos to make transactions and interact with the network.

what's the decentralization level of this thing in scale 0-10?

>what's the decentralization level of this thing in scale 0-10?
7

>>10527307
lol blockchain has a use, it's to be money. People just want to tack on more to make more money

>>10528607
>Are people buying it just to support the project out of altruism or what?

Devs need to buy it to make sure their dapp can handle the load. And also in the case of things like steemit your monetization is attached to your voting power.

Social media that gives you a power level that determines how good your upvotes are is insane. Think of how people will buy coins just to stake them so they can look like badasses on social media.

> My upvote is worth hundreds of dollars, kneel before me pleb!
> My downvote will crush you plankton like ants!!

Just look at the fucking big deal people make over a fucking blue check mark next to their names on Twitter. Magnify that shit by like 100x when you get into stacking coins for voting power.

>>10528678
People aren't tacking things on so much as trying to create economic/development ecosystems that can compete with and dethrone the status quo. Bitcoin in isolation will never be useful to the average person.

>>10527463
you realize justin sun of trx bought the Bittorrent organisation just to get hands on the 120 mil community user base of the soft? what userbase UFR has to bootstrap on?

>>10528657
>>what's the decentralization level of this thing in scale 0-10?
>7

In practice all crypto is going to be roughly between 6-8 in decentralization. Dapps make it so coins like ETH who tout their insane decentralization gets bottlenecked when people realize some control is going to be needed for some content.

So its pointless to really even discuss decentralization when you get into dapps. All coins will be the same shit in a different toilet.

>>10528461
Oh reallyyyy? Then what's thus white boi

Side note, now is the best time to become a dApp developer by making a few dApps and launching on the ETH network.
The dApp market will blow up just like the App store a few years ago and dApp developers will be in need and you will have first movers advantage over everyone else.

>>10527326

That’s actually a serious use case that can hold the market as long as needed

>>10528843
>Side note, now is the best time to become a dApp developer by making a few dApps and launching on the EOS, NEO or TRX network. The coins that have scaling solved enough to matter.

>>10528843
>ethereum
too slow to do anything other than ICO's and ponzis.

>>10528764
>tfw 99% of the eth network being used for autistic games and literal ponzi schemes