If you compare https://t.co/i6ANgOP0GY to other builders e.g https://t.co/WN2ToonUCD, https://t.co/xmfCvWYHd4,
All of them have massive valuations
Lovable pushing towards = $13B
Despite VC backing,
I don't see anything stopping Caffeine really except a proper marketing plan!
ICP now has the right products
1. Cloud Engines
2. https://t.co/i6ANgOP0GY - Unstoppable Software AI Builder
I believe the only missing thing is viral marketing or even paid campaigns.
The things that actually create 10x outcomes for normal businesses:
1) New offer/pricing
2) New acquisition channels/formats
3) Time
That’s about it. Everything else is good & additive, but those are the big guns.
@Justin_Bons@dominic_w Lastly, PERCEIVED public support or adoption doesn't necessarily imply TRUTH.
Bitcoin and crypto at some point were criticized too.
Nikola Tesla was just a mad scientist during his age.
But about a century later, his genius is still being unpacked.
Anyway, that's my opinion!
@Justin_Bons@dominic_w Lastly, PERCEIVED public support or adoption doesn't necessarily imply TRUTH.
Bitcoin and crypto at some point were criticized too.
Nikola Tesla was just a mad scientist during his age.
But about a century later, his genius is still being unpacked.
Anyway, that's my opinion!
@Justin_Bons@dominic_w I believe your critique and mission is good,
if it will help for the better of all web3 (including ICP)
I don't really agree with your public approach.
It causes unnecessary tensions and OBSFUCATES your real intention.
But if it helps people see the message too = GENIUS 🤝🏿
@Justin_Bons@dominic_w No man is an island. ICP was designed with this wisdom.
And yes some of ICP's tradeoffs might go against classical crypto ethos,
But definitions change over time. Decentralization will too in the NEAR future.
SATOSHI already predicted this!
@Justin_Bons@dominic_w You should understand ICP's design is abt NETWORK RESILIENCE.
If historically it hasn't had any significant attacks, we should ALL agree it hasn't been proven wrong yet.
We live in a world of OUTCOMES not philosophy.
If Bitcoin had been all abt fluff, we would still be in 2008
@Justin_Bons@dominic_w You can't call the whole network centralized & insecure if only a subset can be taken down by an attack.
And still ICP has methods for subnet recovery.
It is good to criticize and advocate for better practice but you should also be careful about wording.
@Justin_Bons Hats Off To You Justin 🧢
But, I don't believe you might be the best for ICP debate.
A true researcher precedes DATA b4 their mouth and THESES b4 conclusions
To continue please present (DATA)
- How DGK affects ICP's scaling limit
- How Subnet Replication Drops Block Rate
etc.
Three Design Flaws of the BonkDAO
1. Assumed Everyone is a Good Actor
Min tokens for proposal and passing was 1%.
2. No Time Locks
The DAO became a vending machine.
3. Voting Power = Governance Power
People should really take notes from the Internet Computer's NNS & SNS
"BonkDAO Lost $20M Following Malicious Governance Proposal"
Lost in the logic wars.
The hacker used the system itself to drain the treasury.
This class of #Web3 hacks is the most unpredictable of all.
Unfortunately, we will continue to see more until a new security paradigm.