Why #blockchain is a terrible idea for applications
▻https://hackernoon.com/why-blockchain-is-a-terrible-idea-for-applications-8393d44f6cab?source=r
Why Blockchain is a Terrible Idea for ApplicationsHere we go againMuch like when the .com bubble burst, the cryptocurrency/blockchain market is headed towards an extinction event. There’s a reckoning to come and even companies with good ideas will discover issues during project execution. It turns out it’s a lot easier to describe in a whitepaper your plan to replace AWS, AirBnB or Uber with your blockchain project than actually pulling it off. These are difficult markets to attack and showing up to the fight with inferior UX, a fraction of the user-base, and the one shining “advantage” of decentralization won’t be enough.Why blockchains aren’t suitable for almost all projectsBlockchains are not suitable for almost all projects; they’re slower, more complicated to develop applications for, and (...)