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> Users are free to switch service providers as they see fit No they are not. That is, they will need just as "free" to switch in the non-blockchain world. Wh
by dmitriid 5y ago
> Users are free to switch service providers as they see fit
No they are not. That is, they will need just as "free" to switch in the non-blockchain world.
Why? Obvious, isn't it?
- Blockchains can't store the amounts of data required (Youtube/Instagram/TikTok on blockchain? What a nice joke)
- Even if you somehow can, companies will store data in their own proprietary ways incompatible with each other
- And, of course, this data will be on different blockchains, some of them invented specifically for the purpose
In reality though, as we're seeing it with NFTs all the data will be centrally stored with only some meaningless tokens referencing it stored on blockchains
- ique 5y agoData will never be stored on blockchains, its not what they’re for. It’s amusing that you’re so vehemently against something you know nothing about.
- usrbinbash 5y agoSo if its not stored on the chain, where will it be stored, if not on central servers, where its ultimately under control of whoever owns them? In a distributed network? How does that handle the data loads and requirements (availability, latency, security) of services on the scale of fb or youtube?
- dmitriid 5y agoique: Users are free to switch service providers as they see fit because their identity and data isn't tied to a single company. me: data can't be stored on the bockchain, it will remain proprietary, so good luck "being free" and switching between service providers ique: Data will never be stored on blockchains, its not what they’re for. So, how exactly are users going to be "free to switch service providers" if their data will literally remain in a walled garden of the service provider?