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Distributed blockchain applications are normally unnecessary when they are used though, and absolutely overkill when applied with distributed proofs. Very often
by talldayo 3y ago
Distributed blockchain applications are normally unnecessary when they are used though, and absolutely overkill when applied with distributed proofs. Very often a network only needs a secured channel to operate, which can be established with much lower overhead than a blockchain. Currency seems to be the only application that would respect such extreme security measures, and that's really only highlighted the low throughput and capacity problems.
I really do feel the same about blockchains as I do about cryptocurrency. Both have extremely limited applications that appear marketable and attractive to nerd-adjacent circles, but only show their drawbacks once fully invested.
The intention behind creating a blockchain (or even some cryptocurrency) is pure in it's inception. The application of both technologies is so messy that I would recommend most people stick with simpler options.