Ask Lemmy
A Fediverse community for open-ended, thought provoking questions
Please don't post about US Politics. If you need to do this, try !politicaldiscussion@lemmy.world
Rules: (interactive)
1) Be nice and; have fun
Doxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them
2) All posts must end with a '?'
This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?
3) No spam
Please do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.
4) NSFW is okay, within reason
Just remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com.
NSFW comments should be restricted to posts tagged [NSFW].
5) This is not a support community.
It is not a place for 'how do I?', type questions.
If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.
Reminder: The terms of service apply here too.
Partnered Communities:
Logo design credit goes to: tubbadu
view the rest of the comments
No
Fine, I’ll elaborate a little more.
Blockchain generates typically with huge cost and inefficiency a decentralised ledger of events. If you are going to use a blockchain you need to ask yourself tow questions. 1. Do I need a decentralised ledger/record of events and, 2. Am I willing to put up with the huge increase in costs for creating said ledger.
In my opinion there is nothing that satisfies these two requirements. Blockchains can not remain decentralised for anything that interacts with the physical world as some needs to input the data in the blockchain. This requires you to trust a party destroying any notion of decentralisation (i.e. if an entity can control what goes into a blockchain then it really isn’t decentralised).
Following from this if you are willing to accept and trust a centralised actor to control what enters your blockchain why not trust them to manage your ledger. It would be simpler and easier than using a blockchain.
Finally, as for digital goods that don’t interact with the physical world. Why do you want to introduce a decentralised scarcity? It’s a silly idea. Either you own the intellectual property and you decide who has a license to use your digital goods (in which case you don’t need a blockchain) or you leverage some of the best attributes of the digital world and you leave the good to be freely copied, downloaded and used. A blockchain is just a wasteful unnecessary exercise at that point.
Basically there’s no legitimate use case for blockchain. The best proof of this is just how little real world adoption blockchain technology has in the real world. It’s as old as the iPhone and yet I don’t know a single person who uses it to get things done in their day to day lives. If it had a use we would have found it already.