Yes probably some system are going to get out of this, but given that all the scam and ponzi & co that make up the thing, need to see what remain if all those get taken out, how much traffic and real use will remain.
Im pretty sure without the easy cash and shady stuff, 90% of the actual scene is out.
Verynfew people actually want to get throught the hassle of cleaning code, increase safety, and deal with all the issue to operate actual genuine buisness with much thinner profits with more tedious hard work.
Most people are in for quick return sitting on coin or trading on exchange like pseudo gamble, rather than doing all th hassle to work out real system who can fit with real economy.
All the crypto & p2p never prevent them to bust the people they want to bust when it become too blatantly out of the line.
Even with p2p & all, there are still not so much actors who make the thing spin, and where there start to be real investigation & head fallings, p2p & crypto doesnt help all that much. Because most people are mostly leech or passive users, and its never too hard to make blow on the system when it become too much out of the law on big scale.
Nobody is going to invest too much ressource or time if its to end in jail or with potential trouble, and not that many people are dedicated and skilled enough to really make the thing spin, even if there is large number of user on a p2p network for fast easy reward and gain.
And i still wonder what are real advantage of using graphene over classic web things, as its still more costly and complex to operate than regular web things, it can find a model probably as its still more transparent and open than facebook or twitter, and clearly a buisness model and thoughful system, need to see how it turn on the long run, and if true investigation and stuff are made on the model, if it doesnt go against some law or so.
But in the end, the fast and deterministic block time come at price of sophisticated delegation of mining and control over relatively small number of high end highly connected witness node, in the end need to see if it has real effective advantage over other system, given the increased complexity and cost, for ending with something not so decentralized, outside of the hype of blockchain and promise of high return for investors.
On the contrary, DAO (distributed autonomous organizations) run on their own. There are no heads. These things spin on their own.
I get what you're saying and I do agree many will go away. At the same time, I watched bitcoin go from $1,200 down to $250 with many people abandoning their crypto projects for "real" jobs and yet here we are. Bitcoin remains.
Decentralized systems that run on their own are quite different than anything the world has yet seen. They are not so easy to stop, as long as the Internet keeps functioning. We're already seeing people tackle that angle with mesh networks and even nodes in space.
I'm optimistic about the future because that's the stance which has always improved the world.
From what i heard of dao, most of the big fund invested are still in few hands.
Even if they are theorically and technically decentralized, its always few people who really have funds, can invest them smartly, and really do something productive out of it.
Well il optimistic nature too, and still think crypto are paving the way to new form of network organisation, but ive lost my idealist illusions about decentralized network already lol
The best illustrations of this is gits sac2 :D it explain how it work with decentralized pseudo revolutionary networks :) the concept of spiritual gravity that lead underground motion toward gangs and crime if there no inspirational leader behind it, it is kinda how i see it, even if there is very sophisticated technological system of anonymity and ressilence and communication etf, everyone will project their own wish on the goal, if there is not minimum of mobilisation and coordination and intelligence into it, it never get very far into ideal outcome.
And not that much people are really able to put things in motion, coordinate, invest time, funds, energy, ideas, to really get to somewhere useful. Without those people the technology behind doesnt matter that much. If things start to get really illegal or gov are giving bad publicy to it, that there is no support from big players, and no common shared ideal behind it, its not going to go very far. Even if the technology is fully decentralized and cant be broken, even by let say nsa or big organisations .
And there are still many things lacking with the way nodes work for it to be really useable for legal and general purpose applications.
And lot of obsfuscation and pseudo propaganda that start to be concerning.