this post was submitted on 26 Jul 2023
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No Stupid Questions

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For a long time, I thought of the blockchain as almost synonymous with cryptocurrencies, so as I saw stuff like "Odyssey" and "lbry" appearing and being "based on the blockchain", my first thought was that it was another crypto scam. Then, I just got reminded of it and started looking more into it, and it just seemed like regular torrenting. For example, what's the big innovation separating Odyssey from Peertube, which is also decentralized and also uses P2P? And what part of it does the blockchain really play, that couldn't be done with regular P2P? More generally, and looking at the futur, does the blockchain offer new possibilities that the fediverse or pre-existing protocols don't have?

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[–] Emberwatch@kbin.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

I've been thinking about this for a while, and would love to have other, more knowledgeable (hopefully!) opinions on this:

I've been dwelling on how we might be able to enforce some sort of set of rules or widely agreed upon "morals" on artificial general intelligence systems, which is something that should almost certainly be distributed in order a single entity from seizing control of it (governments, private individuals, corporations, or any AGI systems), and which would also allow a potentially growing set of rules or directives that couldn't be edited or controlled by a singular actor--at least in theory.

What other considerations would need to be made? Is this a plausibly good use of this technology?

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[–] kool_newt@lemm.ee 1 points 1 year ago* (last edited 1 year ago) (6 children)

I see blockchain technology and it's potential as analogous to a globally shared spreadsheet where nobody can go back and change history.

Now, just imagine what billions of humans could do if they could all work on the same spreadsheets without needing to trust each other.

  • Many financial institutions would be unnecessary
  • Ownership can be verified without need of paper and it's risks of destruction, or trusting corporate computer networks. This applies to houses and boats just as much to movies and songs. Imagine commodity/utility music streaming validating your ownership of music via NFT ownership, not locked down by Apple, Amazon, or anyone else?
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[–] ReallyKinda@kbin.social 1 points 1 year ago* (last edited 1 year ago) (1 children)

Could be used for coordinating large scale decentralized projects. Say we want to organize logistics of food so that everyone gets some. After calculating need for each locale independently, Blockchain could be used for people to commit to, for example, bringing 4 crates of carrots to a location for shipping. Additional blockchain ledgers might keep track of space on the transportation vehicles etc. The ledger’s main job here would be to ensure that a given task (or a given cubic foot for the space example) is not double booked, and to allow interested parties to see where there needs to be more commitment in order to feed everyone (or fill up the ship in the space example).

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[–] meyotch@slrpnk.net 1 points 1 year ago

If you take a longer historical view, there have long been strong opinions about how we should base our currency. Because money impacts us all so viscerally, even the most uninformed develop deep seated emotional stances about very obscure topics.

https://en.wikipedia.org/wiki/Cross_of_Gold_speech

This link is an example of a historical moment where a stance taken against the gold standard was influential in national elections in the US.

The people who would have been emotionally exercised about bimetalism are probably the same people who we call crypto-bros today.

In all, the furor over blockchain, especially currency and NFT, has yielded heat but no light. Where’s the killer application? It never takes this long for a truly useful technology to find that killer app, not in today’s technology environment. Maybe it just isn’t that useful and people should calm down?

[–] Smokeydope@lemmy.world 1 points 1 year ago

I have wet dreams about a new text based mesh internet powered by the gemini protocol. Imagine, if you will, instead of paying monthly to your ISP/cell service provider to acess the internet, that instead you bought an 'internet box' once. Where each router/gateway acts both as a self-hosting site for the user, and transmits this site text data to other local routers through LoRaWAN. There are many technical challenges to this kind of networks, one being "how do I check that all other routers have an up-to-date version of any one site?" and blockchain technology seems to fit nicely for that particular issue.

[–] megasin1@lemmy.world 1 points 1 year ago (4 children)

I haven't been able to quite figure it out. But I keep having this idea that blockchain would be really good for journaling and validating elections. I haven't been able to solve how you handle both anonymity and spam bots simultaneously because you can only give each person one vote. But the concept of peer 2 peer journaling sounds perfect for handling trust

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[–] danhab99@programming.dev 0 points 1 year ago (1 children)

I thought Git was a blockchain. Isn't it?

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[–] RightHandOfIkaros@lemmy.world 0 points 1 year ago

Nothing about cryptocurrencies, NFTs, or the "Blockchain" are beneficial to human society. They only serve as a means for immoral people to acquire misappropriated funds.

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