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Amazed at the quantity of low-effort posts in this thread. HN used to be more than this. It's hard for me to believe that people are acting in good faith here.
by acapybara 4y ago
Amazed at the quantity of low-effort posts in this thread. HN used to be more than this. It's hard for me to believe that people are acting in good faith here. I mean, they can't be that low in intelligence, right?
Anyway, there is an obvious application of DNS here. We're talking about a decentralized ledger --e.g., who owns what. A ledger describes who owns what. In the case of DNS, we'd be recording who (public key/address) owns which names.
It's a very sensible application of the technology/networks.
Much like our current system of banking, our current DNS system requires authorities and institutions, and requires us to trust in those institutions (e.g. ICANN).
Want a system which requires no such trust? Put it on a decentralized chain --but understand, there's probably under 3 such chains in existence currently.
- Zanfa 4y ago> Amazed at the quantity of low-effort posts in this thread. HN used to be more than this. It's hard for me to believe that people are acting in good faith here. I mean, they can't be that low in intelligence, right? I think HN is one of the few places that actually applies critical thinking when it comes to crypto/web3. It can be a bit jarring if you come from a Reddit echo-chamber. > Anyway, there is an obvious application of DNS here. We're talking about a decentralized ledger --e.g., who owns what. A ledger describes who owns what. In the case of DNS, we'd be recording who (public key/address) owns which names. And it all falls apart because the system as described is unable to deal with mistakes nor intentional abuse.