Hal-5700X@sh.itjust.works to Technology@lemmy.worldEnglish · 4 months agoThe Future of Odyseeodysee.comexternal-linkmessage-square9fedilinkarrow-up159arrow-down110cross-posted to: degoogle@lemmy.mltechnology@lemmy.ml
arrow-up149arrow-down1external-linkThe Future of Odyseeodysee.comHal-5700X@sh.itjust.works to Technology@lemmy.worldEnglish · 4 months agomessage-square9fedilinkcross-posted to: degoogle@lemmy.mltechnology@lemmy.ml
minus-squareAlphane Moon@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down6·4 months agoYeah Blockchain is a massive warning flag. There are only two real use cases for Blockchain Financial speculation (very risky one, somewhat like trying time a pyramid scheme) Various types of fraud
minus-squaretheneverfox@pawb.sociallinkfedilinkEnglisharrow-up6·4 months agoNo, there’s one use for Blockchain. An immutable public ledger with no trusted authority That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up4arrow-down1·edit-24 months agoAKA Investment (very profitable if you stick to the large market caps and avoid obvious trash like Odysee/NFTs/shitcoins) Decentralized finance
minus-square0x0@programming.devlinkfedilinkEnglisharrow-up2arrow-down4·4 months ago validating financial transactions (in regular markets/banks/etc), ensuring data integrity (i.e. tamper-proofing) in databases, spotting people who talk out of their ass
Yeah Blockchain is a massive warning flag.
There are only two real use cases for Blockchain
No, there’s one use for Blockchain. An immutable public ledger with no trusted authority
That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)
AKA