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I wonder if recent Reddit/Twitter events might have finally given blockchain a real problem to solve. The problem is centralized entities can take away access
by senttoschool 3y ago
I wonder if recent Reddit/Twitter events might have finally given blockchain a real problem to solve.
The problem is centralized entities can take away access to data you generated at anytime. They can also ban you for whatever reason they want. So if your livelihood depends on these services, it can cause a huge disruption.
If Reddit/Twitter's data is stored on a blockchain, then anyone can build a client to access that data and Twitter would essentially have much less power.
The problem I see is that blockchains are too slow, and too expensive for mass products like Reddit and Twitter. Heck, I'm sure it's already a huge challenge for centralized databases to have as much data as Twitter/Reddit - let alone a decentralized one. Maybe at some point, we'll have a quantum computer breakthrough and blockchains performance is solved for use cases like this.
- progval 3y agoPeople can archive data from Reddit/Twitter, and Bitcoin/Ethereum... nodes can prune old blocks and stop serving them.
- 3cats-in-a-coat 3y agoWhen people say "blockchains are a solution in search of a problem" they aren't kidding huh? We already have decentralized Twitter, it's called Mastodon (we have more of those as well).
- justcool393 3y agoit really hasn't.
- mvdtnz 3y agoWhat if I want to delete one of my own tweets? I do this regularly.