Ethereum “Has to Expand” Beyond DeFi: Vitalik Buterin

Thread by cryptobriefingView Source r/Ethereum

This Post Has 8 Comments

  1. jaspassi

    1) NFT as property title deeds;
    2) Multi-sig as trust instruments for holding and control of wealth
    3) insurance that pays out automatically on risk and the expert evidence/reports prepared as NFT to establish its bona fides;
    4) proving the provenance of irl goods e.g. peroni
    5) on chain financial auditing
    6) salaries paid as CBDC that automatically deduct tax disrupting payroll massively.

    The list is endless it just needs the programmers to hook up with people from other industry to work together. So many disruptive opportunities it is ridiculous.

  2. leagueofDR4VEN

    I want to build on Ethereum but the blockchain bootcamps aren’t scheduling any new programs and the DeFi hacks have been intimidating me too much to get started.

  3. coinfeeds-bot

    tldr; Ethereum creator Vitalik Buterin has said that the network has to expand beyond just making tokens that help with trading tokens. He discussed the potential of the network as a base layer for decentralized social media. He warned that complex yield farming and token-related activities could lead to financial instability and attract regulators’ attention.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  4. ChickenOfDoom

    >Ethereum as a decentralized login service

    This is a really cool concept, would be really nice to have some sort of library implementation that could be easily used to allow login through metamask similar to ‘login via google’ or ‘login via facebook’.

    Until that exists though, running your own implementation of signing/verification is probably too heavy for most projects.

  5. bradp1234

    decentralized identity is huge. I want to do some work in this and potentially start something up.

  6. mikeifyz

    What kind of resources/projects are available in order to contribute to decentralized governance (DeGov as Vitalik said) and public goods?

    It’s mechanism design time but I don’t know where to start.

    Any tips? Vitalik’s talk was so inspiring!!!!!!

  7. brumaza

    it will, with the help of Polkadot

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