Comment on 62% of Funded Blockchain and Web3 Companies Attract Fewer Than 100 Monthly Organic Visitors
Zos_Kia@lemmynsfw.com 5 weeks agoEven if you were extremely generous and didn’t factor in the scams in your analysis, the reality is that a Blockchain solves problems 99.9% of people will never face. This breaks the whole imagined model, when your product is ultra niche but relies on mass adoption for its security.
Petter1@lemm.ee 5 weeks ago
I still hope that it can be used to make efficient transparent democracy somehow 😂😅
knightly@pawb.social 5 weeks ago
There’s no benefit there that would be useful to anyone. If you need a publkc ledger then you can just do that and skio the crypto BS
technocrit@lemmy.dbzer0.com 5 weeks ago
Public ledgers are “crypto BS”.
knightly@pawb.social 5 weeks ago
Public ledgers predate crypto BS by decades and are not improved by cryptographic chaining between entries.
Petter1@lemm.ee 5 weeks ago
Yea, I was talking about a public ledger where the people ruled by the government host nodes and verify that laws and other stuff decided by the government are all stored there to make it harder for politicians to lie because everyone has the truth and can verify it.
Well something like this, I am not an expert in this, but I can imagine it having a use case there
knightly@pawb.social 5 weeks ago
I am an expert in this and cryptographic chaining of a public ledger is like large language models, interesting but ultimately useless.