Decentralized Blockchain-Based Electronic Marketplaces
Aren&#x27;t you guys tired of this whole blockchain thing? I&#x27;m a bitcoin proponent and love the technology, however it&#x27;s becoming a truly &quot;fake news&quot; type of environment where new cryptocoins are so complicated to understand that only the creators know how they work.<p>I&#x27;m mind blown by the fact that none of these new-cryptocoins are getting hacked - there&#x27;s an enormous bounty out there for who&#x27;s able to figure out how to double-spend these things! How&#x27;s it possible that they all work well, but are based on different principles? My conclusion is that there are hackers that are currently double-spending to their advantage: without telling anybody and without making it clear that it&#x27;s happening.<p>Also, the whole idea of &quot;scarcity&quot; (which was my main attraction to this field) doesn&#x27;t exist anymore because of forks: if a group of people decides to fork the software, your coins are duplicated and aren&#x27;t scarce anymore, so it&#x27;s not even like gold anymore.<p>Sometimes I wonder if we&#x27;d be better off without a blockchain, and instead with a system where we trust lots of big entities to record the ledger in a way that still allows us to get some level of freedom-of-use, anonymity, censorship-resistance and anybody-can-enter kind of system.