Blogger

Delete comment from: DSHR's Blog

David. said...

DidgetMaster, you are missing a whole list of points. Decentralizing the Web is not "a major project" that could be funded by VCs:

1. The whole point of a decentralized Web is that it not be dominated by a single technology or organization. So it has to be a whole ecosystem of small projects, not a few big ones.

2. In Silicon Valley the VCs mantra is "success is good, failure is OK, not doing either is a big problem". VCs funding projects in the decentralized Web really do not want to end up having funded a company with a small market share in its market. They want either success (a huge market share) or failure (no market share). They fundamentally do not want decentralization; their goals are in conflict with those of the founders.

3. As I've been pointing out in, for example, It Isn't About The Technology, decentralization is a marketing, business and governance issue, not a technology one. It doesn't matter how "feature-complete, fully-tested in an enterprise environment, and proven scalable" your technology is if it doesn't deliver capabilities that customers will pay for, at a price that will sustain a business, and (for decentralization) with a governance structure that can address real-world issues (i.e. not like Bitcoin's).

4. The major funding source for decentralized projects is ICOs, not VCs. No ICO investors expect the service to be "feature-complete, fully-tested in an enterprise environment, and proven scalable". VCs involved in ICO pre-sales are cynically preying on the uninformed.

I'm sorry you're so unhappy that after 7 years work you're still half done. Maybe you should wonder whether a system with an architecture a decade and a half old at launch might not then be obsolete. You need to post future complaints of this kind elsewhere.

Sep 1, 2018, 7:59:23 PM


Posted to What Does The Decentralized Web Need?

Google apps
Main menu