2022-02-08

Blockchain toasters?

During the original web boom, there were lots of great new ideas floating around but also a bunch of "internet toasters". That is ideas that came down to "we'll attach this [THING] to the internet and good stuff will magically happen" where toasters were used as the exemplar of the class of object which gained little by being connected to the internet.

Web2.0 had much the same thing allowing that we replaced "connect to the internet" with "build a social network community around". Of course that worked (and to the tune of huge amounts of money) for some notions, but it also failed for others. I don't recall if anyone called them "social toasters" but they should have.

Today I'm seeing a number of things along the lines of "we'll use blockchains to track/validate/protect/whatever" various kinds of data (often in the form of "let's make a NFT out of it!"). Given the math behind blockchains, I imagine that most of these notions are technologically feasible, but I wonder how many of them are blockchain toasters?

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