Million-User DApps on Ethereum: An Introduction to Application-Specific Sidechains
medium.com/loom-network/million-user-dapps-on...
medium.comPosted Dec 18, 2017, 3:31 PM UTC
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medium.comStuff like this is how I know the developers working on Ethereum are going to solve scaling issues before competitors like EOS even get a foothold in the market. Seems like there's a lot of big breakthroughs coming through in 2018!
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Yep, maybe too many
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To many is great for us HODLERS
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I'm still waiting to see someone to build a real application on top of Ethereum, aside from just ICO contracts. Maybe these kind of sidechains will make that possible?
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what are your parameters for "real" applications? i know for sure there are plenty of examples, depending on your definition.
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Yeah I'm not trying to hate, but it seems like up until now the killer app on Ethereum has been ICO smart contracts. I'm bullish on Ethereum long-term, but I think it's not until we have dapps with mainstream appeal that it will really blow up.
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Have you heard of decentraland?
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That's because people who needed funding for fancy applications did ICOs to get the funding, so naturally ICOs came first.
E.g. Maker had an ICO a couple years ago and they launched their stablecoin today.
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Maker just launched the first flagship app on Ethereum today.
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CryptoKitties! (Which, by the way, went very popular the same exact week of my ICO with Locipro.com)
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Is there any information to when Sidechains will be available on Ethereum?
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From the article: "Loom Network is coming in Q1 2018."
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That's amazing. This should really push Ethereum towards much larger volume of transactions. Looking forward.
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An argument could be made that exchanges like Coinbase are a sidechain. All trades are made off-chain and then settled on the main chain.
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Yes and no. The Coinbase ledger is as centralized as it could get.
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This is the future! As an Ethereum Blockchain Developer, I say Bravo!
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-- Vitalik
I should really send a thank-you note to Blizzard.