/biz/ - Business & Finance

Bloated mess

Doesn't scale

1) ETH doesn't scale, thus will end up completely centralized

2) bandwidth and storage costs re: the above, outweigh any perceived productivity or utility benefits. Real businesses that have to actually make money realize this far more often than the young adults or neets here that only speculate on price and fall for marketing spin

Reminder that ETHEREUM doesn't scale, never will scale, and any solutions presented thus far are snake oil.

No corporate entity i.e. one that actually has to make money, pay wages, increase productivity etc. sees value in having to support the storage and bandwidth costs associated with unnecessary apps sharing the same blockchain.

If you delve into the corporate world this becomes very obvious, but not so much on internet forums filled with inexperienced young adults easily swayed by shilling and memes, over substance.

Reminder that Ethereum does not scale

NOPE. It's a scam by the banks to funnel money, time, and skills away from Cryptos like Bitcoin that threaten their banking oligopoly.

Corporates will use custom, cheaper to run, smaller blockchains so that they aren't spending their own resources supporting data and bandwidth requirements of dapps like cryptokitties for example.

Also actually understand the below points instead of listening to marketing spin from puppet Vitalik:

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

ETH DOES NOT SCALE

SCAM

ok