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RE: The Magnificent Ethereum Machine
I second the Howl's Moving Castle reference. Incidentally, the Ethereum Moving Castle's most used contract is the ENS, the Ethereum Name Service, similar to DNS/Name Registry on the open internet. The ENS had managed 100,000 Vickery auctions so far. Very cool to see smart contracts in the wild. Next biggest contact use case is likely to be SmartPool.io -- fully decentralized mining pools coordinated by smart contracts. Fun times to see the Ethereum vision slowly materialize.
Actually this is one of the things I'm most excited about whether it is done on ethereum or something else (I believe namecoin was trying something similar).
You need people to care, not just technology that works. One of my keenest learnings in the last 6yrs I've spent in this space is that even for technology that is a trust solution, like blockchain is, you are still very much dependent on people -- they need to care, they need to agree with you (via Nakamoto or PoS or other forms of consensus) and you need more than just yourself and cool technology.
Very true. That is why now I try to invest in people.
we shall see :)
Indeed, brother, indeed. How lucky are we to be in the middle of all this!
I consider myself to be extremely lucky really. Even if I am sarcastic in the drawing above, I am still invested in the technology. I believe it can change everything really. People in the future will wonder how we could live without it.
We will see. Even if blockchain makes the world a little better, I'll be pleased. It's on people like you and people like me to push it through and keep it on track for positive change. Cheers, brother.
I agree with you @kyriacos! I'm invested in it too and plan to increase my position in it over time. I look at it as similar to the beginning of the internet, only this time everyone can invest in it. Some of the ICOs will likely not amount to very much but some of them will, and those are likely to be huge. Exciting times, indeed!