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> If control of your blockchain is centralized, it's no better than an ordinary database Actually, it's much worse from an efficiency point of view. Which mea
by danmaz74 8y ago
> If control of your blockchain is centralized, it's no better than an ordinary database
Actually, it's much worse from an efficiency point of view. Which means that all those applications are fad-driven.
I'm sure there can be genuinely useful applications for blockchain tech, but for now the only truly compelling one I'm aware of is to execute unlawful transactions (I don't count speculating on the price - something I've done too a bit - as genuinely useful).
- nfin 8y agobecause of the yet still lack of privacy I am not sure that right now it is most compelling for unlawful transactions. There are many use cases (like you mentioned) and most are used only by a handfull of people, but growing by the day the more stuff getting developed (lightning, ...)