All I see are people holding coins and not using them at all for anything else other than 'I want coin to go up'.
Tokens are used to have a stake as an indexer (data provider) and to pay for query fees (data consumption), and if indexers tamper with the data they lose their stake.
It was released last year and has a long way ahead to mature, but it's an amazing product and tokens/blockchain is essential to its decentralized nature. Simply put, there is no way to accomplish this if the network didn't adopt its own cryptocurrency.
Just like all the other coins, the only use case is burning up the planet by using Ethereum, BTC, etc, racking up high fees and being used by speculators while everyone else who invests in the ponzi scheme lose their money when it all crashes.
Nothing has changed.
How so?
I won't bother with the rest of the post as it's your usual crypto bad spiel that has absolutely nothing to do with the discussion we're currently having and has absolutely nothing to back up its claims (as do the rest of your posts, which I'm surprised aren't flagged/dead yet considering their low quality, but I guess HN is ok with them since they're anti crypto), but I'm curious to see how you would build a decentralized system that lets developers build data indexing programs, allows anyone to join the decentralized network as a data provider to run those programs, and lets consumers query that data from the network while also ensuring that the data is valid and hasn't been tampered with by the providers without blockchain/tokens.
Please, do enlighten me, I'm curious.
Adding a new technology + blockchain + a coin still makes it ponzi scheme scam, even worse when the price of this coin comes crashing down.
And there is no human coordination mechanism without the freely convertible currency
Blockchains provide the open source rails of all the account management and distribution, easing development costs. The infrastructure is already built compared to alternate ways of attempting to do this
have fun doing that without a blockchain
The only reason Helium's LoRaWAN coverage is expanding rapidly is due to the crypto aspects of it.
There is definitely an opportunity to sell overpriced hardware into the community then.
There are some other antenna-blockchain systems out there that look more like "schemes to sell hardware", such as Match X. There is a big and burgeoning market for these "passive income" things, people install hardware to earn a cryptocurrency.
It is definitely worthwhile to sell the hardware if you can.
