oh look, another highly-compressible, hn circle jerk about the "crypto" boogeyman
tbh, i'm always impressed by no-coiner and armchair bitcoiner comments -- it's like listening to a straight-edge discuss psychedelics -- how can you comment on a space you *clearly* don't understand?
I have one of those. When everyone was changing their Twitter (display) names to *.eth I thought there might be a chance Twitter would use ENS for domain validated identities, so I grabbed one that matches a good .com I own.
The ENS stuff is cool, but I hope it doesn’t catch on unless they come up with a way to coexist with ICANN. I think multiple DNS roots would be a net negative no matter what.
ENS has DNS import via TXT Record verification proof, so the entire DNS tree can coexist in ENS trustlessly as long as future ENS-only TLDs are chosen wisely (seems simple: just use 0x80+ Unicode.) For example, try resolving my domain, "raffy.antistupid.com" in ENS.
I believe, the ENS registry only contains "eth" as an rogue node (also "[0-9a-f]{40}.addr.reverse" is used for wallet names). Recently, ".art" started offering tokenized names, where you get both DNS and ENS.
>and also a reasonably good explanation of why, at least in my opinion, crypto is still completely non-viable as a real medium of exchange
I understand HN is a shit-on-crypto echo chamber but it's naive to think crypto is just settlement.
Settlement is simply a low-level primitive. With smart contracts, you can build whatever mechanism you want before making something final. Multisig, clawbacks, timed-delays, time-locks, escrow, recovery wallets, etc.