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Nothing. The entire infrastructure this system runs on is... the Internet. It doesn't work without TCP/IP, TLS/SSL, HTTP, etc. It's not fixing anything. It's
by agentultra 5y ago
Nothing. The entire infrastructure this system runs on is... the Internet. It doesn't work without TCP/IP, TLS/SSL, HTTP, etc.
It's not fixing anything.
It's only adding a way to force people to pay ETH gas fees to like posts and add comments. It's probably most useful for early crypto adopters to keep growing their pyramid with a captive audience and for criminals who want to hide more identities, launder money, and obscure illegal transactions from law enforcement.
"But it can run without crypto," sure and why would anyone want that? You still need the Internet. Now you want to make it slower and burn more of the worlds energy so that we can independently audit who "liked" which post? So that you can "hypothetically" own your profile pic? Give me a break. I'm tired of the centralized services as anyone but there are ways we can solve this without the foregone conclusion that blockchains are the only viable way. They're not technologically sufficient, they're terrible for privacy, etc, etc.
If you want to fundamentally improve the Internet you're going to have a better time improving things that already exist. Find more energy efficient transport layer protocols for modern usage patterns. Make it more secure. Improve privacy. There's a huge demand for this really unsexy, unhyped work that needs to be done.
Heck, if you're interested in improving payment systems in the US there's a fair bit of catching up to do to reach par with some of the international systems.