Quote from: cool4y on December 10, 2018, 08:42:51 PM

Quote from: asdlolciterquit on December 10, 2018, 04:35:02 PM

Quote from: Lauda on December 10, 2018, 09:36:11 AM

Quote from: mehar_gee on December 09, 2018, 10:27:55 PM

Quote from: asdlolciterquit on December 09, 2018, 11:15:04 AM

Quote from: siddartha1492 on December 08, 2018, 06:05:31 PM

Quote from: Lauda on December 07, 2018, 10:33:46 PM

99.99% of dapps are useless and create no value. Stop drinking smart contracts = future of everything kool-aid.

99.99%!! That means usable Dapps are countable on fingers. Are there any Dapps which Lauda herself uses and applauds? But as far as Dapps go, I think the only reason people use them right now is for monetization. You know, like use a social media Dapp, earn some tokens and then sell them. I have yet to see something really innovative that can't be done on centralized apps.

oh, things can be done on centralized apps, but maybe, sometimes, is better when they are in decentralized apps, for example some financial and banking service.

centralized and decentralized dapp have huge difference and you are right about decentralization financial and banking service
for example when deposit or withdraw your crypto then decentralized Dapp exchanges are very fast because you control you transaction with you own determined gas and on centralized exchange withdraw fee fixed and you have to wait more for you withdrawal process to finish
i am big fan of decentralized exchange like forkdelta and idex currently i am using
eos transaction speed is fast and Dapp exchange on EOS will work faster then eth based Dapp exchange

Which is absolute bullshit. What you call a DEX is, objectively, at best a semi-decentralized exchange. The devs can do a lot of things that the owners of centralized exchanges can. Stop drinking kool-aid.

Quote from: cool4y on December 09, 2018, 05:59:04 PM

https://cryptocoremedia.com/research-eos-accounts-increasingly-hacked-400k-eos-stolen/ I find this read quite interesting.

No worries, the EOS cartel will blacklist/undo the transaction(s). We're talking about a decentralized currency after all. Roll Eyes

i know we are OT, but, if you want, can you tell me more about the part in bold?
why you say that right now, dex like forkdelta are at best a semi-decentralized exchange?

Fully decentralized means no one is in control, autonomous. For instance on Idex some aspects are classified as decentralized, you can trade directly from your wallet and you are in control of the private keys, however, they decide which tokens to list, which ones to delist or when to suspend deposits withdrawals.

It is true that EOS is not truly decentralized to the same extent as Bitcoin or Ethereum, but the concept of voting in/out block producers based on your weighted ownership of EOS is intended to address this. Colluding block producers should get voted out (in theory) and honest ones voted in. Whether or not this works remains to be be seen. Keep in mind, Bitcoin and Ethereum are only truly decentralized to the extent that no colluding group of miners exceeds 50% of the network mining power.

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