146

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 are viewing a single comment's thread
view the rest of the comments
[-] FireRetardant@lemmy.world 19 points 1 day ago

Some countries are considering using blockchain in the future for their land title registry.

here is an article about it

I read something about potentially using blockchain the future while using onland (ontarios land registry service) but i can't seem to find the page that mentions it.

here is a similar system proposed for Bangladesh

[-] lemmyng@piefed.ca 15 points 1 day ago

There's a few issues with that approach:

  • Blockchains can't forget, but they also need to add new blocks on every period, meaning that there's a lot of idle events that are added to the chain. You can increase the period, but then the chain has more latency. Either way, the disk space needed to store the full chain grows really fast, which becomes a problem when trying to bootstrap a new root node, or backup an existing one.
  • Unless you're trading land titles internationally (read: there's no single trusted authority), blockchains could just be replaced with a regular distributed database and servers.
  • Chains don't offer out of band recovery and error correction.
[-] frank@sopuli.xyz 4 points 1 day ago

Totally agree. And my problem with the example of land use that a single entity (the government where the land is) will be the sole enforcer of it. So who cares if the information is slightly less centralized, when the actual product is just as centralized as ever?

this post was submitted on 25 Aug 2025
146 points (100.0% liked)

Ask Lemmy

34242 readers
1068 users here now

A Fediverse community for open-ended, thought provoking questions


Rules: (interactive)


1) Be nice and; have funDoxxing, trolling, sealioning, racism, and toxicity are not welcomed in AskLemmy. Remember what your mother said: if you can't say something nice, don't say anything at all. In addition, the site-wide Lemmy.world terms of service also apply here. Please familiarize yourself with them


2) All posts must end with a '?'This is sort of like Jeopardy. Please phrase all post titles in the form of a proper question ending with ?


3) No spamPlease do not flood the community with nonsense. Actual suspected spammers will be banned on site. No astroturfing.


4) NSFW is okay, within reasonJust remember to tag posts with either a content warning or a [NSFW] tag. Overtly sexual posts are not allowed, please direct them to either !asklemmyafterdark@lemmy.world or !asklemmynsfw@lemmynsfw.com. NSFW comments should be restricted to posts tagged [NSFW].


5) This is not a support community.
It is not a place for 'how do I?', type questions. If you have any questions regarding the site itself or would like to report a community, please direct them to Lemmy.world Support or email info@lemmy.world. For other questions check our partnered communities list, or use the search function.


6) No US Politics.
Please don't post about current US Politics. If you need to do this, try !politicaldiscussion@lemmy.world or !askusa@discuss.online


Reminder: The terms of service apply here too.

Partnered Communities:

Tech Support

No Stupid Questions

You Should Know

Reddit

Jokes

Ask Ouija


Logo design credit goes to: tubbadu


founded 2 years ago
MODERATORS