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RE: "Bitcoin has no Value" from the Princeton Meetup

in #bitcoin7 years ago

The classic thinking goes like this
2nd generation is the advent of smart contracts, i.c. Ethereum.
3rd generation is the advent of decentralised autonomous corporations (DAC), i.c. Steem, Bitshares
I would put EOS in that context as a faster, leaner meaner 2nd generation which will lead to faster, meaner, leaner 3rd generation :-)

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Which generation would you place The Tangle? (IOTA)

They say "The next generation" but iota is not a blockchain at all, there are no blocks, there is no chain :-)
The Internet of Things next generation where things can be little independent selfruling entities, they borrowed some ideas to make safe payments and interactions, something like that? It is the already existing "Internet of Things" hype that gets extra hyped by hippie crypto technology :-)