Hal-5700X to TechnologyEnglish • 2 months agoThe Future of Odyseeodysee.comexternal-linkmessage-square9fedilinkarrow-up161arrow-down110cross-posted to: [email protected][email protected]
arrow-up151arrow-down1external-linkThe Future of Odyseeodysee.comHal-5700X to TechnologyEnglish • 2 months agomessage-square9fedilinkcross-posted to: [email protected][email protected]
minus-squareAlphane MoonlinkEnglish0•edit-22 months agoYeah Blockchain is a massive warning flag. There are only two real use cases for Blockchain Financial speculation (very risky one, somewhat like trying to time a pyramid scheme) Various types of fraud
minus-square@[email protected]linkfedilinkEnglish6•2 months agoNo, there’s one use for Blockchain. An immutable public ledger with no trusted authority That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)
minus-square@[email protected]linkfedilinkEnglish2•edit-22 months agoAKA Investment (very profitable if you stick to the large market caps and avoid obvious trash like Odysee/NFTs/shitcoins) Decentralized finance
minus-square@[email protected]linkfedilinkEnglish-2•2 months ago validating financial transactions (in regular markets/banks/etc), ensuring data integrity (i.e. tamper-proofing) in databases, spotting people who talk out of their ass
Yeah Blockchain is a massive warning flag.
There are only two real use cases for Blockchain
No, there’s one use for Blockchain. An immutable public ledger with no trusted authority
That’s useful for a lot of things - just not everything (and it has been shoved plenty of places it doesn’t belong)
AKA