Comment on Can we please make a viable (federated!) amazon alternative? I have an idea!
scrubbles@poptalk.scrubbles.tech 16 hours ago
This is surprisingly one of the few actual useful uses of blockchain. Business tried to shove it in everywhere and it didn’t make sense because blockchain is a way to audit federated separate instances - which businesses are not. They’re a single monolithic structure, and they don’t need the trust - they already have it. They’re themselves, they just have to trust their own internal teams.
We, on the otherhand, are the perfect use for it. A way to say X person paid Y person for this product on this day at this time, X person now has the authority to rate Y person for how they did. Immutable, impossible to fake.
turtle@lemm.ee 11 hours ago
haui_lemmy@lemmy.giftedmc.com 16 hours ago
I’m definitely intrigued. I have HUGE prejudices when it comes to blockchain, one being climate impact. The other being privacy of all things. But I can see it as an option.
muntedcrocodile@lemm.ee 2 hours ago
Climate impact of monero is significantly less per transaction than any fiat. Their are no physical banks with employees and buildings and travel and transport and minting etc etc etc. Monero is the only truly private currencies all others have every transaction tracked.
haui_lemmy@lemmy.giftedmc.com 2 hours ago
I’ll have to look into it at some point. The crypto bros could have also been hired by banks at this point to burn crypto as comoetition. I would not touch it with a 10 foot pole before extensive personally conducted research. which is unrealistic even for myself but especially for everyone else.
muntedcrocodile@lemm.ee 1 hour ago
That’s quite a popular theory that the banks and even perhaps the us government itself played a part in promoting the crypto scams and nft bullshit simply to poison the idea of crypto for the masses.
Please do look into it if u got any questions dont be afraid to ask !monero@monero.town
scrubbles@poptalk.scrubbles.tech 15 hours ago
Not crypto, blockchain. When done correctly and you don’t have every user trying to calculate the next hash for some pennies it works pretty well. Computing the hash when an action happens like a purchase is fairly trivial compared to mining.
Crypto started the concept of the blockchain, at the end though it’s just a distributed immutable audit log. The hash is required, but if done correctly, it’s trivial.
haui_lemmy@lemmy.giftedmc.com 15 hours ago
in that case this would absolutely be a neat way of doing it. thanks for pointing that out.
lime@feddit.nu 16 hours ago
as long as it’s between instances and not exposed to end-users, yeah i think that was the original use case.
muntedcrocodile@lemm.ee 3 hours ago
Exactly xmr has been doing this for the markets on the dark web for years now. Escrow reviews ratings seller trust etc.
I fear the idea of crypto has been so poisoned by scammers and bullshit that the average person had forgotten it actually has value