(2017-12-10) Garavente Cryptokitties

Jacqueline Garavente on CryptoKitties. I’ve been beating the drum on digital pets and economies of scale for digital assets for a while at USV. I really thought (and still think!) that would be the killer use case for Augmented Reality. Alas, AR has been pushed aside to make way for its hotter and more elusive cousin, crypto. This time, it comes in the form of CryptoKitties.

Ethereum is one of the most advanced networks in terms of ability to support scaling of Decentralized Apps. Yet here’s what happened this weekend: a very simple app on ethereum + a sudden surge in users (though by no means mass adoption) = congestion on the network and transaction issues that break things

I think that crypto wallets (Mobile Payment) will be my identity on future decentralized apps and as such, the basis of “identity” is a collection of public / private key pairs.