This (along with other posts from Vitalik) keep ignoring any solutions that don’t require blockchain. As an example, he writes:<p>> Certificates, for example cryptographic proofs that some particular individual is a resident of the city, could be done on-chain for added verifiability and security (eg. if such certificates are issued on-chain, it would become obvious if a large number of false certificates are issued). This can be used by all kinds of local-government-issued certificates.<p>He does point out latter how does could probably not be decentralised 100% due to legal requirements.<p>We already have a working solution for this problem in the PKI World - Cert Transparency. It works, is somewhat decentralised and has worked really well. Doesn’t need a blockchain.
I think I finally "get" crypto. This article made me see the light. Crypto is about secession - a techno-anarchy. Decentralized governance with a self-managed currency is effectively creating a new city-state.<p>To be honest, the idea of the United States collapsing into a collection of Crypto City-States doesn't sound too bad. Better than a Mad Max scenario.
I don't really understand what the incentive for the cities to adopt these tokens is except to appear "tech savvy"<p>Not saying the reasons don't exist but I just don't get it.
His platform can even run Crypto Kitties without congesting.<p>Now they want to run crypto cities...gotta walk before you can run.<p>How about fixing crypto kitties first?<p>People have to pay such high fees that they are considering if it's even worth to have their kitties fuck with other kitties.
I find it amazing that 5 years after a catastrophic failure that could have killed Ethereum[1], Vitalik is pitching DAOs once again…<p>But well, subprimes and CDS still exist, and the EU re-allowed using Meat and bone meal to feed castle 20 years after the mad cow disease, so I guess it's just that humans are just very bad at learning from our mistakes.<p>[1] <a href="https://www.gemini.com/cryptopedia/the-dao-hack-makerdao#section-the-dao-hack-remedy-forks-ethereum" rel="nofollow">https://www.gemini.com/cryptopedia/the-dao-hack-makerdao#sec...</a>
If anyone wants to work on DAOs and crypto solutions like this, I’m based in Vancouver, former YC founder, and totally down to explore this as a next startup idea. Reply below and I can share my email. :)
all very cool because of the use of the word crypto which has great marketing but really what we are talking about is a mix of decentralized databases and decentralized currencies. Doesnt sound quite as cool if put like that...
Worth mentioning is Fabrica, a platform to enable super quick and inexpensive real estate transactions using the blockchain [0].<p>Disclaimer: I have shares in the company and I was a co-founder long time ago.<p>[0]: <a href="https://www.fabrica.land/" rel="nofollow">https://www.fabrica.land/</a>