this post was submitted on 23 Jun 2023
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This may be a very stupid idea, and I know blockchain has a bad reputation for scams, but I was wondering how viable the Internet Computer blockchain might be for a Fediverse universal ID. From what I read on their website, data is much cheaper to host on their blockchain (something like 70 million times less than on Ethereum). It is also possible to host entire websites with Wasm on it). So here are my questions:

  • Is there an ongoing effort to make a universal ID for the Fediverse or are we not there yet?
  • Does blockchain have its place in the Fediverse, not necessarily for crypto, but for decentralized data storage.
  • Do you think something like the Internet Computer blockchain could serve as a universal ID for the Fediverse?

Again, sorry if this is a dumb post, I am really new to the concept of this space as a whole.

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[โ€“] dukethorion@lemmy.world 1 points 1 year ago (1 children)

Decentralization is the opposite of a Univeral ID.

[โ€“] ethLabsAlpha@lemmy.world 2 points 1 year ago

True, and yet a blockchain has the seemingly paradoxical nature of being decentralized as well as universal (presuming everyone uses the same blockchain of course). But it's still decentralized in that no one company or entity controls all of it.