The hypothetical scenario of building an Uber on top of a blockchain is still hypothetical:
The hard question is, what are the actual use cases of blockchains?
Minting those apes NFTs on blockchain to convert digital assets into crypto collections?
Why people are paying high commission fees charged by proprietary database providers?
More than that is possible with blockchains. Interestingly, they have been around for more than 10 years but a widespread use case for regular humans has still not been achieved.
The lack of mass adoption might be linked to lack of experience. It would be so hard for my parents to get themselves onboard on those highly complicated wallets.
For people deep into tech, the biggest challenge is the huge latency in multiuser apps built on top of blockchains.
Several blockchains support limited TPS which is not sufficient for apps like Uber etc.
The cost of carrying out transactions can rise to an unaffordable level — gas fees.
Imagine waiting for 15 seconds to send and receive a WhatsApp message. With gas fees!
Centralized systems are efficient, faster, and cost-effective, and can provide a better experience compared to the current era of blockchain.
This implies that one must start over at square one and develop a specific idea.
How the world will look after a few years?
Would be able to build an experience like web2 and enable new types of web3 multiplayer use cases.
mirror.xyz
Would be able to build an experience like web2 and enable new types of web3 multiplayer use cases.
mirror.xyz
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