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[–]bb220 points
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(edited ago)
My view on Ethereum is that it’s an interesting idea but the software is so complex that it creates too many difficult-to-anticipate opportunities for exploitation, much moreso than the relatively simple Bitcoin. Blockchain tech itself may be incredibly useful in the future, but I don’t think either of these early iterations are going to be around in the long term. They seem more like trial runs or experiments.
Quantum computing will make many of these cryptos completely vulnerable to having their encryption broken too.
yup krypto kittie thing was fucked by exploits and programmatic transactions it could have been a good idea. I was waiting for blockchain to fix everything logistical on the world for a few years but that never happened... still fun to have been part of the experiments.
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[–] bb22 ago (edited ago)
My view on Ethereum is that it’s an interesting idea but the software is so complex that it creates too many difficult-to-anticipate opportunities for exploitation, much moreso than the relatively simple Bitcoin. Blockchain tech itself may be incredibly useful in the future, but I don’t think either of these early iterations are going to be around in the long term. They seem more like trial runs or experiments.
Quantum computing will make many of these cryptos completely vulnerable to having their encryption broken too.
[–] EpiPendemic [S] 1 point -1 points 0 points (+0|-1) ago
yup krypto kittie thing was fucked by exploits and programmatic transactions it could have been a good idea. I was waiting for blockchain to fix everything logistical on the world for a few years but that never happened... still fun to have been part of the experiments.