Comment on Reddit’s blockchain-based “Community Points” rewards crash after sunsetting
micka190@lemmy.world 11 months agoIt doesn’t.
Crypto bros are really fond of the whole “use the blockchain to take your assets from one platform to another” grift, but it:
- Doesn’t work if the other platform doesn’t support it
- Could be done without a blockchain if both platforms agree to share a database
It’s like you said: Do any other websites care about your Reddit karma? No. Why would they? It’s only 2 uses are to make people addicted to Reddit through gamifying their opinions and filtering bot accounts by having a minimal karma threshold to post on subs.
Voroxpete@sh.itjust.works 11 months ago
This is basically the issue of almost every hypothetical use of the blockchain that advocates throw around.
“You could move all your skins from Counterstrike to Valorant?”
OK. Putting aside the unbelievably complex technical and practical issues, why would either Valve or Riot want this? In this scenario Valve is making it easier for their customers to leave, and Riot is effectively giving you a bunch of cool skins for free.
These people watched Ready Player One, totally ignored the part where the entire premise was “One single corporation controls basically all interactive media and that’s really bad” and decided that this sounded like a cool idea.
SkyeStarfall@lemmy.blahaj.zone 11 months ago
Basically every software engineer laughed their ass off once they realized they were serious about that stuff.
It just shows such an intense lack of understanding of how software and business works. Thinking that blockchain is just some magic powder that can bring their wishes to reality.
Voroxpete@sh.itjust.works 11 months ago
It’s what happens when the only use case for a tech product is its ability to interest venture capital.
We’re seeing the same thing now with “AI”
SkyeStarfall@lemmy.blahaj.zone 11 months ago
Eh, no, I’m going to disagree with you there.
Yes, AI is trendy, hyped, and a buzzword at the moment, but at the core of it there really is a very useful and practical technology (and it’s also much more varied than just LLMs). Take for the fact that generative AI is actually being used in practice, to do more or less what it was advertised to.
Moneo@lemmy.world 11 months ago
The more obvious flaw is not why would they want to do it but why would they want to do it with blockchain.
roboticide@lemmy.world 11 months ago
Exactly! And it’s not like crossover content doesn’t happen between publishers already without blockchain. Look at Fortnite. All it takes is a promo code.