this post was submitted on 13 Nov 2024
947 points (98.3% liked)

People Twitter

5226 readers
1754 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] magnetosphere@fedia.io 159 points 1 day ago (116 children)

I’ve read that blockchain itself is a good technology. NFTs are a laughably absurd attempt to exploit that technology for profit.

Xitter op needs to shut up.

[–] ryathal@sh.itjust.works 147 points 1 day ago* (last edited 1 day ago) (53 children)

Blockchain is a solution in search of a problem. A way to establish trust while not trusting any party is a cool concept, but in the real world it's far easier to establish a source of trust.

[–] magnetosphere@fedia.io 2 points 1 day ago (16 children)

Interesting. Good to know. Thanks!

[–] Serinus@lemmy.world 24 points 1 day ago

Blockchain is effectively a distributed database. Almost always a good centralized database functions better.

load more comments (15 replies)
load more comments (51 replies)
load more comments (113 replies)