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> The blockchain, being independently held and cross-verified at every node of the network, is more reliable in this regard. Is it? That question is just as op
by mpyne 11y ago
> The blockchain, being independently held and cross-verified at every node of the network, is more reliable in this regard.
Is it? That question is just as open as it is for Twitter, and given the order of magnitude differences in inefficiency of a blockchain versus Twitter there still remains the question of why people would burn electricity just to act as DRM for corporate trademarks.
This is an interesting technical hack in the same way as using Emscripten to run a GameBoy emulator in a Linux running on a toaster perhaps, but no one buys toasters for the purpose of playing GameBoy games.
- pjbrunet 11y agoMaybe all this "BTC blockchain as a platform" stuff is too tangential and undermines (no pun intended) the potency of BTC as a cryptocurrency. Maybe there could be a "Platform Test Coin" to beta test all these far out ideas, then spin off the successful projects to their own independent alt coins? Even assuming the BTC network can handle a lot of bloat, wouldn't it be cheaper for users of XYZ platform to use a (less expensive) altcoin blockchain? I'm not an expert on inserting data into a blockchain, just thinking out loud here.