|
|
|
|
|
by awill88
1692 days ago
|
|
Plenty of waste, yes, but distributed authority of history has lots of intrinsic value IMHO, plenty of uses, and I suppose I’m optimistic more will emerge than what’s out there today. Copyright enforcement or decentralized DRM seem like natural evolutions.. I mostly agree, but I disagree with the general concept that blockchain is bad. At most, cryptocurrency is bad, but I don’t think it had to be bad, if that makes sense. |
|
On the other hand, the main advantage we should consider with blockchain is decentralised computation. Decentralised computation can possibly be managed and regulated by a cryptocurrency which itself is tied to the value of decentralised computation and as such does not exist as some imaginary token of value from artificial scarcity. The ability for a system to exist all over the world and to communicate and compute everywhere can be important to many applications. Communication, fintech, serverless services, license management, ownership management, the very idea of smart contracts etc.
That's where the real meat of the system lies, and not in online artificial scarcity tokens distributing a soulless, valueless illustration procedurally generated like millions like it based off a bunch of templates drawn in paint over about an hour.