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Barrel Cactaur
Oct 6, 2021

The thing about blockchain solutions is that they are absurdly expensive for the things they do. Bitcoin requires the energy output of a midsize nation to make transactions to a single ledger. it only took off because it was designed to be a digital gold mine as a proof of concept and people live gold rushes so much they will jump on a entirely made up one. You could create a similar system by just having asymmetric keys in publicly discoverable self hosted ledgers at a fraction of the cost. Heck you could implement a ton more features based off that.

And its only theoretical upside, zero trust, is only internal to the system, which acts more like a flaw then a benefit. It literally cant function without independent arbitration anyway, as the pile of scams shows.

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