Polygon co-founder tweeted blockchains solve existing problems better.
They improve old issues in finance, money, assets, etc.
He said Web3.0 shouldn’t be criticized for imaginary use cases.
Polygon co-founder Sandeep Nailwal tweeted on October 15 that blockchains can’t be held accountable for “imaginary use cases”. According to him, blockchains don’t solve new problems, instead, they improve the existing hurdles in finance, money, assets, and more.
Criticism of blockchains : “Imaginary use cases”Ans: Blockchains are (mostly) NOT solving any new problems, they improve how we have solved those problems previously. Money, finance, assets et al are not new problems being solved, they are just being solved better
— Sandeep | Polygon 3 (@sandeepnailwal) October 15, 2022
Enhancing the technical mechanisms to battle the already present challenges in fintech, blockchains don’t “invent” new problems. Hence, it is unacceptable to anticipate criticizing blockchains because of “imaginary use...
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