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RE: The death of steepshot... And why we need decentralized apps!

in #steepshot5 years ago

Really interesting post @vaultec, I guess it should be a cautionary tale. For non programmers, it's difficult to know how much a dapp is posting on chain and how much is kept offchain, such that if the dapp was to fail, how much data/content would be lost.

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Indeed, we need developers/people who are most vigilant to keep track of what dapps are doing in the background.

Indeed. In some ways dapps can turn all the expense we go through to be decentralised, into a worthless commodity by creating a single point of weakness and therefore centralisation

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