Yup

  • auraithx@lemmy.dbzer0.com
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    7 days ago

    Well, SOL and ADA were made on demand, technically ;) That’s why proof of work is king. I mean here’s the Solana insiders laughing about dumping on retail

    https://xcancel.com/GooseOfCrypto/status/1456002541808807938

    I dont mind memecoins when they’re done right. Transparent, fair distribution, etc. There’s also a ‘DegenFinance’ category of dApps with things that are openly advertised as gambling. One even as a Ponzi (Lock your assets in a smart-contract, pay a fee to unlock, fee goes to the people who stay in longer). Plenty of legit projects building on those platforms too, but yeah unless you’re interesting in things like yield, lending, bonds, synthetics, etc - probably not going to ring your bell.

    eUTXO is interesting, but Chuck is a hype merchant and people failed to realise how long it’d take to develop everything again from scratch

    And thankfully there is a PoW chain that also runs eUTXO, has even more expressive smart contracts, optional privacy built into the core, and a fair launch with no VCs. (Ergo)

    Outwith that, Bitcoin Cash is also interesting. They don’t have an expressive smart contract language, but have achieved some complex defi with token scripting + off chain. Some cool Lunarpunk projects like DarkFi too although they are private by default so not suitable for mass appeal. But yeah, if Satoshi were still active he’d have forced 90% of the space to call themselves something other than crypto as it’s an insult to the original vision.