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spirtoday at 4:22 AM3 repliesview on HN

I don't think many people on HN realize how globally systemically important public blockchains are on track to become, especially Ethereum.

The understandable hatred of the casino and many scams has blinded most of HN as to the true potential of the technology and its associated new public institutions.

That's what a decentralized public blockchain is, a new kind of public institution.

One small example of this is that the most state-of-the-art perpetual futures market in the world is an Ethereum Layer 2 named Lighter https://app.lighter.xyz/markets/


Replies

wmftoday at 6:01 AM

I guess you could help educate us by giving some non-gambling and non-criminal examples of innovation powered by Ethereum that justify its importance.

beeflettoday at 6:28 AM

I don't realize, care to enlighten us?

biorachtoday at 10:01 AM

> the most state-of-the-art perpetual futures market in the world is an Ethereum Layer 2 named Lighter

Is this not just a state of the art innovation in the Ponzi scheme and online casino space?