RE: Hive Decentralize Standards And Journey To Power Web3 With Scalability

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It is true, not everything can be or should be stored on blockchain. For example, images are not stored on blockchain. However, at the same time technology never stops amazing on what's possible. What may present challenges today, might be a no issue in the near future. Our phones today are thousands times more sophisticated and powerful then computers used to launch space shuttles in the past. With Eth, isn't main issue the use of PoW? I think PoW is great for monetary innovation like bitcoin. But for build multipurpose applications PoW may not be the right fit.