• Onions Sliced Thin@lemmy.world
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    1 month ago

    Authenticated cheese is the answer to the question, “what is the blockchain really good for, other than laundering money?”

  • untakenusername@sh.itjust.works
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    1 month ago

    this honestly doesn’t sound too bad (as long as the chips aren’t toxic)

    using blockchains to track the movement of goods, like from ports or for cheese, is probably their only non-BS use case other than volatile currencies

    the reason a Blockchain would be preferable to a traditional database is bc its effectively impossible to change the records on it

    • yesman@lemmy.world
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      1 month ago

      It’s ironic that the design of blockchain is to be impossible to edit as security against fraud. Because crypto is famous for all the fraud, And the block-chain’s nature makes the fraud permanent and fixed.

      At least one of the currencies had to fork because fraudulent transactions couldn’t be undone.

      • untakenusername@sh.itjust.works
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        1 month ago

        impossible to edit as security against fraud.

        Well security against monetary fraud, like faking coins or double spending. Especially double spending, at the time when bitcoin started pretty much all the other mathematical problems were figured out except that one.

        • untakenusername@sh.itjust.works
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          1 month ago

          well it is unless the blockchain is forked without that transaction, which doesn’t happen often at all so its mostly true with like two exceptions ever