Blockchain technology is going to change everything: the shipping industry, the financial system, government … in fact, what won’t it change? But enthusiasm for it mainly stems from a lack of knowledge and understanding. The blockchain is a solution in search of a problem.

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There are several oversimplifications to watch out, but still interesting.

I would have argued it solved a distributed data problem, but DHTs solved that and much like DHTs, the Blockchain is painfully slow.

@null_radix
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DHT and blockchain solve different problems. Blockchain are usefully when you need to come to consensus on the ordering for events.

Lemmy sucks
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removed by mod

@null_radix
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You could, scuttlebutt builds a social network without domains and optionally uses a DHT

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