Hello,
I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.
is there any legitimate use cases of blockchains or it is all just a big scam?
Hello,
I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.
is there any legitimate use cases of blockchains or it is all just a big scam?
Most techbros trying to sell the Blockchain are just ponzi schemes/scams. It does have a legitimate use. But not for whatever the techbros are yapping about. It is essentially a decentralised database under nobody’s control.
Exactly, and such things that require or could be improved by decentralized systems tend to be managed by companies (monopolies, or close to it) that already are acting like enshitifying goblins instead of responsible curators.
The ticky part is that when these decentralized systems are involved, the true costs (power, hardware, network, etc.) are distributed and not easily collected.