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by Ekaros 57 days ago
I never got what would blockchain do better except maybe distribution. And even there raise questions of efficiency of having data copied in a lot of places.

Correcting data is also always fun question. Your keys are stolen, now your house is not yours anymore as record is immutable. Oh it is not actually immutable if someone says it is not (replace it with new record )? What was the point again...

1 comments

The appeal to me is that it is effectively a "serverless" shared immutable ledger. By "serverless" I mean that not a service behind someone's API that one just has to trust the data emitted.

I think it could be useful for contracts and governance but the whole crypto thing is just pointless (except ostensibly for cases of transferring money), which is helpful as a tool but as an investment just strikes me as nuts. Which is why I prudently said hell no to buying bitcoin at $20 because it was a stupid fad. Sigh.