this post was submitted on 13 Nov 2024
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None. Suffer. (lemmy.world)
submitted 1 day ago by [email protected] to c/[email protected]
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[–] [email protected] 158 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.

[–] [email protected] 145 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.

[–] [email protected] 2 points 1 day ago (16 children)

Interesting. Good to know. Thanks!

[–] [email protected] 24 points 1 day ago

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

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