Where Blockchain may not be a solution
- What non-monetary projects generally need, is a centralized, upgradeable and scalable system.
- Each of these needs is made greatly more difficult when utilizing a blockchain. Blockchain is the wrong tool for the job.
- Even if by some miracle a popular app is created on a blockchain, a centralized equivalent without the extraneous blockchain will be cheaper, faster, more reliable, more maintainable while having the exact same single points of failure as the “decentralized” blockchain version.
- Or put another way, any popular dApp is destined to lose against a centralized competitor on cost, speed, features and scale.
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