BΟockchain
crypto skeptical community
bwockchain is not a technology of the future, buttcoin is a scam.
All lemmy.ml instance rules work here.
But surely this is good for Bitcoin?
It is always unclear
To be fair, there are plans for a (international) bank exchange system based on Blockchain. Right now it's either things like "Swift", trust, or physically shipping gold.
Blockchain allows for a system where they just have to trust the system, as a whole, and not individual banks, or the governments above them.
This is the only useful use for block chain I've seen, that isn't better served in another way.
So one clear use case is to have a plan to have a use case? Totally legit
There's plenty of uses for blockchains, but it's almost all about document validation and contract non-repudiation (boring bureaucratic things), not so much for commodities ("currency") and copyright enforcement (NFTs).
great for buying fake passports
Blockchain DNS seems like a good idea some days, but other days the entirety of the internet seems like a huge mistake.
There are uses for blockchain for internal company ledgers on a small scale. its just the standard style with crypto that is only useful for global warming.
Append only databases are pretty common thing , thats true. Never heard of internal enterprise blockchains though
They certainly exists and have their place but yeah not the life changing technology the cryptobros like to push it as
There are uses for 'blockchain' based systems, for instance git uses what is effectively a blockchain to store commits. The big difference is, rather than using proof-of-work or proof-of-funds to maintain consistently, if you break the upstream repository 'Mad' Dave over there, who is trying to push his changes before the weekend will beat you with an Ethernet cable until you regret your ways.
Are drugs a use case? Cause I'm pretty sure it's just for drugs
I've got one and only one, its a synonym for cryptocurrency in conversations and writing.
Why would you want blockchain for making illegal purchases? Crypto makes sense as a non fiat currency. But blockchain is an non alterable record.
Monero