• MoonMelon@lemmy.ml
    link
    fedilink
    arrow-up
    0
    ·
    4 months ago

    That sucks to hear, at one point I was really hoping it would become a viable yt alternative. Not that I ever expected their cryptocurrency to “moon” but it was at least an interesting idea to compensate people for seeding video.

    • rezz@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      4 months ago

      It should have. This is why I joined, and in fact there’s no technology reason why it shouldn’t have. The CEO et al simply did not understand that the content creator was their customer and viewed them, somehow, with disdain—despite being anti IP anarchist types, they were oxymoronic when it came to understanding who they needed to serve.

      I think the best way for it to live on is as a software fork / side chain to BTC/BCH. Or you could refactor it completely against Celestia. Ethereum it wouldn’t work because the data shards demand too much and would cause L1 fee spikes.