Comment on Can we please make a viable (federated!) amazon alternative? I have an idea!

• scrubbles@poptalk.scrubbles.tech ⁨1⁩ ⁨day⁩ 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.

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  • haui_lemmy@lemmy.giftedmc.com ⁨1⁩ ⁨day⁩ ago

    in that case this would absolutely be a neat way of doing it. thanks for pointing that out.

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• muntedcrocodile@lemm.ee ⁨11⁩ ⁨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.

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  • haui_lemmy@lemmy.giftedmc.com ⁨10⁩ ⁨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.

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    • muntedcrocodile@lemm.ee ⁨9⁩ ⁨hours⁩ 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

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      • haui_lemmy@lemmy.giftedmc.com ⁨5⁩ ⁨hours⁩ ago

        Thank you for this friendly and encouraging offer. This goes a long way sowing trust. I feel a lot more positive about looking into it now. Have a nice weekend.

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