Blockchain: the wave of the future : memes

[–] alekwithak@lemmy.world 413 points 9 months ago (48 children)

No one is ever concerned with how much energy is used to feed ads to the entire population of earth 24/7.

[–] Liz@midwest.social 153 points 9 months ago* (last edited 9 months ago) (14 children)

Please propose a law or regulation structure for significantly reducing or eliminating advertisements. I'm serious. I fucking hate ads. I just don't have a reasonable or effective way to get rid of them.

Edit: Hey actually I just thought of one! If the consumer is paying for the product, it can't come with ads, including things like product placement or ad reads!

[–] valsa@lemmy.eco.br 95 points 9 months ago (1 children)

In São Paulo, one of the biggest cities of the world, the municipality forbade by law all billboards and building disfiguring 'decorations' some 10 years ago. Since then, the city became much more bearable, aesthetically. Nothing special happened, everybody was happy, except a few bankrupt ads agencies. Maybe, you must be able to imagine that change is possible. However, there is this ideology, Americans seem to be so fond off, that seems to make such things very difficult.

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[–] redcalcium@lemmy.institute 29 points 9 months ago

Hey actually I just thought of one! If the consumer is paying for the product, it can’t come with ads, including things like product placement or ad reads!

Smart TV manufacturers: "Impossible!"

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[–] ULS@lemmy.ml 63 points 9 months ago* (last edited 9 months ago) (12 children)

Same with porn. But I'm building a shake-power generator for fleshlites so it should balance out the power it pulls. Saving the earth one jack-off at a time.

Charging a hybrid car battery only takes 253.4 jerks. Pretty soon we will be expanding our charging service to parking lots across America and Canada! Most of them already have people willing to do it for you already ...they were doing it there anyway... Win/win.

Powerjerk (tm), we make perverts work for you!

Just roll up and say "Hey Jagoff, I need to get to x!" And you'll promptly be taken care of.*

*Do not give them drugs to speed up the process. We are serious about our drug-free workplace.

Edit: steal my idea and I'll find you

[–] XeroxCool@lemmy.world 24 points 9 months ago* (last edited 9 months ago) (6 children)

Energy isn't free. More power captured from jerking will increase food consumed, meaning more energy used in farming. You'll have to brand this as either a carbon ~~capture~~ fapture system or as a weight loss program

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[–] webghost0101@sopuli.xyz 36 points 9 months ago* (last edited 9 months ago) (5 children)

I am. Same loop of crap blasting on 20x massive screens 24/7 at the station.

Every store that keeps light on at night is also an ad.

My hate for them is one of the main drivers behind my radicalization.

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[–] MBM@lemmings.world 22 points 9 months ago (4 children)

Most people aren't loudly in favour of that, especially not the ones concerned with the power usage of blockchain

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[–] Tartas1995@discuss.tchncs.de 20 points 9 months ago (7 children)

Yes but what about this whataboutism? And honestly I am fairly certain it ain't as much as Bitcoin. People usually focus on 1 thing to get it done because moving to the next. I bet you try to do that at work too.

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[–] redcalcium@lemmy.institute 201 points 9 months ago (2 children)

Distributed hashed linked list is so yesteryear. These days we're into text autocompletion instead.

[–] Blackmist@feddit.uk 109 points 9 months ago (2 children)

Hey, it's not just fancy autocomplete!

Thanks to years of innovation, it's now copyright infringement as well.

[–] bouh@lemmy.world 31 points 9 months ago (7 children)

I wish copyrights will die to this technology! <3

[–] Electricblush@lemmy.world 31 points 9 months ago (4 children)

The thing is its only the copyrights of individual artists and creators that will die to this.

The big corpos will find a way to protect their value, just you wait.

They will steal from every single creative in the world and then sue them to hell and back if they use anything they them selves "own"

This is not a threat to the copyrights that you want to die.

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[–] Blackmist@feddit.uk 18 points 9 months ago (1 children)

Well I'll be a little more enthused if that would ever apply to regular people as well, rather than just people with several billion in VC money to buy lawyers.

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[–] RagingRobot@lemmy.world 57 points 9 months ago (1 children)

This is revolutionary

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[–] Pohl@lemmy.world 53 points 9 months ago (8 children)

The real charlatans were the “the technology has promise” people. No, the technology was dumb.

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[+] parpol@programming.dev 49 points 9 months ago (7 children)

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[–] Tehhund@lemmy.world 77 points 9 months ago (32 children)

Sure, but what real-world problem does a trustless solve? I thought this was all very interesting years ago but now that we've had blockchain for years it seems it's only good for illegal or morally questionable transactions.

[+] parpol@programming.dev 53 points 9 months ago (2 children)

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[–] Tehhund@lemmy.world 23 points 9 months ago* (last edited 9 months ago) (7 children)

See I think more nuanced takes like this are good. I'm not familiar with the Chinese banking issue that you are describing, but it sounds like deposit insurance (like the FDIC) might be a better solution than cryptocurrency, and it's definitely better understood. Since the real world value of cryptocurrencies are so volatile they are a questionable store of value, and taking a risk on a poorly regulated bank might be better than taking a risk on storing your money in a volatile and unregulated security like cryptocurrency. Honestly it's hard to know which is the better risk. So it could be better or it could be worse.

I agree with your point about transferring money internationally, and even within the US transferring money used to be a real pain. So I'm still interested to see if cryptocurrency can be a better medium of exchange or medium of transfer than traditional ways, or at least give traditional systems incentive to improve. But again the volatility is a concern so for most people the best move is probably to get in and out of the crypto market as quickly as possible or else risk getting a vastly different amount of money out of it than you put in. Admittedly it could appreciate, but when I'm transferring money to someone I don't want that to simultaneously be an investment. The few times I have used Bitcoin to purchase something the whole process has taken hours, and there's no guarantee there won't be price swings — a lot could happen in those hours.

I appreciate the brutal honesty about cryptocurrency not being for the average Joe. It's not that long since many cryptocurrency boosters were hoping it would replace fiat currency, but now that I think about it I haven't heard as much about that recently. In its current state it is really not for the average Joe.

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[–] LesserAbe@lemmy.world 17 points 9 months ago (13 children)

There's a case to be made for a currency that facilitates illegal transactions, or transactions that corporations object to. Just because something is legal in your country doesn't mean it might not be unjustly restricted. Or could just be unjustly illegal in your country or another country. The problem of course is that distributed currency also facilitates things that should be illegal.

But WikiLeaks is a good example - their legacy is a little mixed now, but when they first came on the scene they were doing work which was a valuable service to the public. If you wanted to donate money to support wikileaks you couldn't because the credit card processors shut them off. Blockchain lets you get around that.

Likewise it's the combination of distance and direct - I can give $5 in cash to my local leaking consortium, but I can't give $5 to the leaking consortium on the other side of the world without relying on the knowledge and consent of third parties.

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[–] Kirth@sh.itjust.works 27 points 9 months ago (22 children)

TPS metrics of the most popular blockchains

Blockchain	TPS	Max TPS
Ethereum	13.15	57.91
Bitcoin	7.35	9.87
Algorand	6.99	221.01
Optimism	4.74	20.66

As a global payments network Visa has the capacity to execute more than 65,000 transactions per second.

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[–] cygon@lemmy.world 44 points 9 months ago (7 children)

...and, hear me out, that will be perfect for keeping messages untraceable by the government. Every single of those 200,000 computers will have full copies of all the messages ever transmitted, unencrypted, but they'll never be able to tell who wrote them and who they were for.

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[–] MonkeMischief@lemmy.today 36 points 9 months ago

At first I read "200.000" as a particularly precise float, and laughed at the absurdity. Then I realized he meant "two hundred thousand" and it came full-circle from comedy to tragedy. :(

[–] kool_newt@lemm.ee 29 points 9 months ago (16 children)

Consensus algorithms lie at the foundation for a great many of the backend systems our internet depends on, massive scaling would be a near impossibility without them. -- me, a 25 year backed engineer

It makes absolute sense that a massively scalable trustless system involving money would use a consensus algorithm with a large number of nodes.

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[–] PP_BOY_@lemmy.world 27 points 9 months ago (33 children)

Crypto =/= blockchain.

If you can't see the utility of blockchain with regards to things like actual, verifiable digital ownership, then I don't know what to tell you.

[–] Lemminary@lemmy.world 107 points 9 months ago* (last edited 9 months ago) (38 children)

I want to see what you mean in practical terms, because the only other example that I know besides questionable crypto currencies is NFTs and that was an epic lesson on what not to do. 😅

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[–] tabarnaski@sh.itjust.works 23 points 9 months ago (2 children)

Maybe it would be a good thing for the digital world to be free from the concept of ownership.

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[–] dipshit@lemmy.world 27 points 9 months ago

Or, you could just pick one computer, have it do the work and punish it by taking its money if it screws up (ETH).

But yeah you’re not wrong about minable coins.

[–] Landmammals@lemmy.world 21 points 9 months ago (12 children)

It doesn't require that much computing power, that's just a variable that gets set.

If the difficulty were set lower, one average computer could easily handle it.

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[–] whoisearth@lemmy.ca 20 points 9 months ago (2 children)

Do we have a buttcoin on Lemmy? We need a buttcoin

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[–] Zuberi@lemmy.dbzer0.com 20 points 9 months ago

Lot of comments don't seem to understand that these words are not interchangeable

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