Can someone tell me how decentralized money became the enemy? It is decentralized currency that is like everything we stand for literally using mastodon protocol here.
it’s not the creators fault that the first thing the userbase did was centralize it onto these marketplaces lol. I’m reminding people that this is conceptually great but terrible implementation, across the board.
I’ve read through this whole thread, and I still haven’t really come to any solid conclusions on it. I’m skeptical of crypto as a kind of idiotic speculative market, but that’s also every market ever. But then, the blockchain is apparently different from crypto, even though they’re both hype-laden marketing terms that have been completely fucked up. I think doing [redacted] with crypto is still potentially cool, though I think it still has limited anonymity, from what I’ve heard, and the speculative market also fucks it up.
Is “the blockchain” just like some nerd shit that’s for internal hospital ledgers, and beyond that it’s all kind of moot garbage, or what? Someone spoonfeed me.
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I’m stupid, can you give me a like, more clear practical example of a good use of blockchain? Cause I get the sense that a good amount of this conflict, going off that flowchart, is going to be due to the evaluation of these situations as like, not needing to arise in the first place, or maybe like, a philosophical objection to the necessity of the technology, maybe. But I think a clearer example could help with this.
Git is not a blockchain. There is no distributed ledger; no consensus algorithm.
Ledger: repository database.
Consensus algorithm: repository access key.
Key word distributed ledger. Git repositories don’t talk to each other except when told to do so by users.
I shouldn’t need to explain why an access key is not a consensus algorithm. Seriously?
https://en.m.wikipedia.org/wiki/Distributed_ledger no need to talk automatically, only distribution necessary without single point of failure. say „synchronized“, if you mean realtime synchronized then not in git, but synchronized manually.
https://en.m.wikipedia.org/wiki/Consensus_(computer_science) only need to determine which block to commit to database, access key do that. if meant in term of „which repo is real one“, signed commit optional feature, maybe that speak against it being blockchain because not by default.
git is a blockchain, just without PoW