290
What are your opinions on this?
(media.kbin.social)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 27 Jul 2023
290 points (100.0% liked)
Technology
59430 readers
2626 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
blockchain is not useless but most of the "currencies" around it is.
It’s pretty useless. It’s proven too slow and inefficient for 99% of the promising use cases and despite having been out for like 15 years, no one has done anything particularly important (and also legal) with it. I’m not sure a typical person would miss anything if the whole ecosystem disappeared tomorrow.
im curious about the slow and innefficient part. Its a ledger and I was under the impression it was perfect for following a supply chain to keep track of shipments. I have sorta been surprised it has not been used for this
Why would you use blockchain to track shipments when you can easily do the same with a standard database? What would be the gain?
with blockchain the information is on the token. You should not need a database.