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?
You’d still have risks with a centralized db of the tickets which the tokens would solve.
Ticket master recently had an incident being hacked and that could literally happen to any company.
https://www.newschannel5.com/news/newschannel-5-investigates/have-you-bought-tickets-thru-ticketmaster-recently-check-your-account-and-make-sure-theyre-still-there
Granted a user could be hacked as well because of improper storage of the NFT. To really solve the problem it would also require everyone to be using good hardware wallets which I think is where things are going long term, but it’s yet another complicated step which will slow adoption.
One day having a hardware wallet will just be normal.