What’s lovely about Ethereum or the idea of crypto is that it will be around for a really long time.
I just watched a video of a women cleaning off a strangers tombstone. She went over the persons story and his life. He was born during the 1850s and died in the 1920s. It was a really nice video.
I think we all want to be able to be remembered by our future generations and for what we all did during our lives. It serves as a noble reminder for those of us know looking at the humble lives our ancestors lived. Yes obituaries are preserved online but they are preserved on servers and by companies that could be long gone in just a few decades. They might cease to exists.
What do you think about preserving your legacy and your place in history by publicly putting it on the black chain?
I don’t think this will be the use case that brings people to crypto but I think it’s something that will be used once they are here after they see the value of it.
You are only proving my point.
The reason I bring up ATR is because it actually fixes a massive portion of the economic model of blockchain that makes it inefficient and unsustainable.
You can cast the pejorative “buzzword” on anything - what do you expect, new solutions won’t get new names? At some point you have to dig a little deeper than the fact that something has a name you haven’t heard of before.
Anyways, and to your point: blockchain can’t be expected to survive if the people who get paid for running it add zero value back into it. We say we are paying security, and we are, but that simply isn’t good enough. If you can’t pay security out of the same funds as infrastructure, then the infrastructure fails without central intervention and your objective security cost is pointless because you can find equivalent vectors on the monopolized infrastructure.
ATR takes money that used to go towards hoarding wealth or crunching numbers and forces nodes to hold data - all data, that should be on chain. It solves the problem you are keen to point out - that infrastructure will collapse even if the chain promotes itself as permanent. ATR gives you economic guarantees of what is only ideological in current chains.
If you’re not too sensitive to new terms, look into Saito. It solves the other problems of sustainability and infrastructure centralization (as an attack and monopolization vector – not to mention scale bottleneck).