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Please Stop (jlai.lu)
submitted 6 months ago by ElCanut@jlai.lu to c/lemmyshitpost@lemmy.world
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[-] Pika@sh.itjust.works 47 points 6 months ago* (last edited 6 months ago)

as hostile as people are to block chain due to NFT's and bad implementations, the technology itself has its use cases. It's a great solution for information exchange that requires verification and Immutation. This makes them perfect for ledgers or transaction networks.

It's just there is so much bad PR regarding it everyone just discredits it. Not all of the block chain technologies are massively energy intensive per transaction, it's just many of the cryptocurrencies use the most intensive one because it's also arguably the most secure

[-] reassure6869@lemm.ee 3 points 6 months ago

the technology itself has its use cases.

https://www.youtube.com/watch?v=15RTC22Z2xI I would love to hear the counterarguments. video is <15 mins, academic setting.

[-] Pika@sh.itjust.works 2 points 6 months ago

Just responding that I did see this, The video has peaked my curiosity and I plan on watching it later when I have more free time outside of midterm's season

[-] Knock_Knock_Lemmy_In@lemmy.world 1 points 6 months ago

His arguments are:-

We don't need blockchain to stop problems from happening because we have a [super efficient, cheap, accessible, well constructed] legal system to correct those problems when they occur.

We don't need distributed ledgers to store the data because we can just trust Amazon Web services.

[-] reassure6869@lemm.ee 1 points 5 months ago

That's a unique interpretation

[-] Knock_Knock_Lemmy_In@lemmy.world 1 points 5 months ago

You wanted counter-arguments.

Trusting the legal system (9m23s,11m34s) and Amazon (12m35s) are vastly inferior to what blockchain offers.

[-] reassure6869@lemm.ee 1 points 5 months ago

I did, and am still

[-] PipedLinkBot@feddit.rocks -1 points 6 months ago

Here is an alternative Piped link(s):

https://www.piped.video/watch?v=15RTC22Z2xI

Piped is a privacy-respecting open-source alternative frontend to YouTube.

I'm open-source; check me out at GitHub.

[-] reassure6869@lemm.ee 1 points 6 months ago

thats fine, but installing youtube-local and a redirector addon is probably better than relying on some bot to pick one of 10 possible alternative front ends.

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this post was submitted on 09 Mar 2024
1296 points (94.1% liked)

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