this post was submitted on 20 Nov 2023
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[–] Swedneck@discuss.tchncs.de 10 points 1 year ago (1 children)

The hilarious thing about blockchain is that the core concept is actively making the whole thing worse. The matrix protocol is sort of essentially blockchain without the decentralized ledger part, and it's so vastly superior in every single way.

NFTs just show how fundamentally dumb blockchains are, if you skip the decentralized ledger bit then you never need to invent NFT functionality in the first place..

[–] Backslash@feddit.de 3 points 1 year ago (1 children)

is sort of essentially blockchain without the decentralized ledger part

So a [Merkle tree](http://www..com/ https://en.wikipedia.org/wiki/Merkle_tree)?

[–] Swedneck@discuss.tchncs.de 1 points 1 year ago

i'm not sure whether matrix uses that, what i'm talking about is how it does the things everyone finds neat about blockchains without the inherent downsides like massive power usage and EVERYONE having to replicate the ENTIRE ledger.

i know IPFS uses merkle trees though, and hilariously blockchains largely rely on that to actually store any significantly sized data.