What ever happened to LC blockchain?

[harrison at all-auctions.com]

Hi Richard,

I just read an article about Ethereum, and smart contracts.

How one would approach this with LiveCode would be
an interesting topic, although it does raise some questions.

For example: Assume that someone writes an app
like a game, that is stored as a smart contract. Although 
it is decentralized, future obsolescence of hardware
and software, will eventually make the game 
obsolete too. Then it’s just trash data slowing
down blockchain transactions.  Does that make
sense?

The article I read also discussed CrytoKitties 
which I would say is the same as NFT artwork.

I don’t see much value in that kind of artwork.

There is also speculation that the reason some
of this artwork has sold for large sums of money
is because it is being used by criminal elements
to conduct money laundering.  That of course
falsely makes the currency seem that it must
have some real value, that fools others into
investing in it.

There has to be a better way to implement 
such ideas.

Just my 2 cents.

Thanks for your replies!

Rick



> On Dec 16, 2022, at 2:25 PM, Richard Gaskin via use-livecode <use-livecode at lists.runrev.com> wrote:
> 
> The question is almost too big to answer, akin to asking about file systems or sockets. The range of applications for blockchains are currently too big to count, and only just beginning.
> 
> As far as a role for LC, I've seen some interest from LC users but nothing very specific, and nothing along the lines of libraries or tooling yet.
> 
> I am meeting with another LC user with an interest in this space next week.  If anything noteworthy comes up I'll report back.
> 
> In the meantime, my own interest is mostly centered around the corner of the Ethereum world focused on smart contracts. I have no interest in speculative psuedo-currency applications, but now that Eth2 is running and gas fees are plummeting, there's a universe of opportunity in smart contracts. At the moment nearly all of that work is limited to one language, Solidity, so that and studying the underlying protocols and data structures of Ethereum nodes have been where my time in this space has been invested.
> 
> -- 
> Richard Gaskin
> Fourth World Systems