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What would the blockchain offer that you can't do actually ? AFAIK, you can buy bonds, buy a Tesla reservation, and sell this reservation without the blockchai
by Faaak 8y ago
What would the blockchain offer that you can't do actually ?
AFAIK, you can buy bonds, buy a Tesla reservation, and sell this reservation without the blockchain.
- andy_ppp 8y agoMaybe you're correct - it's closer to a valid use of the technology than most other uses though. Maybe the reason to use this technology would be to decrease transaction costs and to allow people who want it now to pay a premium for someone else's space. Didn't realise you could sell the reservation so probably you're right centralisation is probably always better than blockchain.
- umanwizard 8y ago> it's closer to a valid use of the technology than most other uses though. Why?
- this_user 8y ago> decrease transaction costs How so? If you a decentralised system like that, you need some sort of consensus mechanism, and that is costly, especially when using like PoW. All this would do is to replace robust established mechanisms with expensive and fragile technological overkill that offers no advantage for the user.