[superidiot1932]

Blockchain solves this, it is possible to fund immutable data archival and ordering using a blockchain cryptocurrency.

[janalsncm]

Unless you’re referring to storing all of this information on-chain (and not a reference to it), no it does not.

[superidiot1932]

Yes that is the idea, there already are successful blockchains such as arweave that functions like this.

[Dylan16807]

There's potential there. You only need to store part of the chain and there's an incentive to keep rare blocks.

But the mining is optimized for storing as big of a fraction of the chain as possible, so I worry that the future of it devolves into a few big nodes and everyone else dropping out.

[AnimalMuppet]

It's possible to fund an immutable data archive using a normal trust. It's possible to verify immutability with traditional hashes. What is blockchain going to add?

[superidiot1932]

Incentives to mine it with storage hardware and maintain the ledger with ponzi-like economics

[snapcaster]

No it doesn't you're misinformed good luck avoiding scammers out there