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Firstly: I’m annoyed that crypto now seems to be synonymous with “blockchain”, rather than cryptography. Secondly: Most of the blockchain use-case feel a littl
by mrweasel 4y ago
Firstly: I’m annoyed that crypto now seems to be synonymous with “blockchain”, rather than cryptography.
Secondly: Most of the blockchain use-case feel a little like the argument for Bittorrent. It’s not that you can’t use it for sensibel purposes, but when you do you’re solving problem most people don’t have.
- ytch 4y agoMe too, I thought: " We use RSA, AES, ECDSA everyday, why is it a question" at first glance.
- cowtools 4y agoI think bittorrent solves actually does solve a problem most people have. If we lived in a bittorrent using utopia, you would never have to set up a web server because you could just seed static websites from a couple home computers. Popular sites would never go down due to DDoS because their users could support them with their own bandwidth. I think that's the idea behind the newer protocols like IPFS. I think cryptocurrency could be used to solve a micropayments problem, but I doubt it will ever catch on if it depends on internet companies' forward thinking and benevolence.
- maccard 4y agoBit torrent is _great_. It allows for a massive amount of global information sharing at little to no cost to the creator. I have used bittorent professionally - we were distributing 50+GB to 150 computers in a limited time frame with a limited external internet connection but fast intercommunication. We downloaded the entire package to one computer and used BitTorrent to distribute to the other 150 computers. Niche, yes. Incredibly useful? Yes!