For a long time, I thought of the blockchain as almost synonymous with cryptocurrencies, so as I saw stuff like “Odyssey” and “lbry” appearing and being “based on the blockchain”, my first thought was that it was another crypto scam. Then, I just got reminded of it and started looking more into it, and it just seemed like regular torrenting. For example, what’s the big innovation separating Odyssey from Peertube, which is also decentralized and also uses P2P? And what part of it does the blockchain really play, that couldn’t be done with regular P2P? More generally, and looking at the futur, does the blockchain offer new possibilities that the fediverse or pre-existing protocols don’t have?

  • Wintry
    link
    English
    41 year ago

    Explain like I’m five?

    • manitcor
      link
      fedilink
      English
      51 year ago

      sorry, gpt said i could do better

      A blockchain is like a special notebook that many people can write in. Once something is written, it cannot be changed, and everyone can check that it was written correctly. This notebook help different people or companies work together by writing down and sharing important information in a safe and secure way.

      Some people use these special notebooks to make digital money like Bitcoin. But it’s just way to use them. Companies also use these notebooks for other things, like making sure their business runs smoothly and securely.

      So, the blockchain is not just about digital money, but also a to help people and businesses work together safely and fairly.

      • Wintry
        link
        English
        21 year ago

        Thank you very much!

    • manitcor
      link
      fedilink
      English
      41 year ago

      https://lemmy.intai.tech/comment/578972

      You can also look in my post history, ask away, I’m no fan of where public systems have gone and understand the anger, point is, these techs ARE being used already in corp systems and even if you dont use this crop of chains, you will likely be using a system like this in the future, even if you dont know it.