this post was submitted on 07 Jul 2024
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[–] [email protected] 5 points 5 months ago (16 children)

Git is a real-life use-case

[–] [email protected] 3 points 5 months ago

One of the crucial differences between blockchain and Git is that Git is fully subserviant to humans and anything can be undone by humans.

If your blockchain house title is stolen by a hacker, either the courts (rightfully) aren't going to put any significance on the state of the blockchain and are going to say "yeah, you still own your house" (in which case what was the point of using blockchain in the first place rather than a SQL database or some such where mistakes and problems and fraud can be undone without cryptographically-hard obstacles in the way) or if in this hypothetical the Libertarian dystopia has progressed to cartoonish extremes, you're just SOL and lost your house, which just isn't even remotely realistic.

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[–] [email protected] 5 points 5 months ago (1 children)
[–] [email protected] 3 points 5 months ago

is a helluva drug

[–] [email protected] 5 points 5 months ago (1 children)

its 'decentralized' copium

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[–] [email protected] 5 points 5 months ago (19 children)

The Blockchain is amazingly useful, that's why the establishment did their best to make sure people associate with incels and little monkey pictures to ruin its credibility. A banking system running on Blockchain is one where the Pentagon can't lose trillions of dollars annually.

[–] [email protected] 3 points 5 months ago

How are they going to implement it, I guess by linking your identity to your porn-blockchain key.

I guess there's no better way to track your habits.

[–] [email protected] 3 points 5 months ago (1 children)

Ah yes, let's just make everyone's financial transactions public record. That couldn't possibly be an insanely dangerous thing to do.

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[–] [email protected] 3 points 5 months ago (3 children)

Bad research based on subjective opinion? I dont see how anyone would see blockchain in itself as useless. It provides a verification method without the use of a centralized system. Are all peer-to-peer systems useless now? Its not to be used as a tool for everything. It will not fix everything. I'd be more interested in research of what happens when reactionary practices are used. Such as using blockchain just because it's the hot new trend without thoroughly thinking about the consequences of such actions. blockchain = bad / blockchain = good is not good enough, each implementation needs to be studied independently and answers derived from that. Replace blockchain with AI and it's the same.

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