If you are gonna downvote, say something.

I can’t tell if you’re downvoting because you saw the word “blockchain”, or you really love it.

I’m using quotes in the title, because I suspect a major amount of people use the word “blockchain” loosely to refer to other related things. If you are willing to, please provide a definition of what you mean by “blockchain” as well.

  • slazer2au@lemmy.worldEnglish
    1·
    7 days ago

    Blockchain is touted as an immutable ledger of transactions visible to everyone.

    The only proper use case I can see for it is audit logs where you never want to loose what transaction happened. That being said, we have existing technologies which provide this at a smaller footprint.

  • PonyOfWar@pawb.social
    0·
    7 days ago

    I don’t hate the technology itself. What I hate is the whole grifter culture surrounding it. For example there are dozens of examples of people promising some game using the blockchain, touting it as “the future of gaming” or “the metaverse”, creating a token, making millions from it and then delivering nothing, or a barely changed UE template. On the other hand, there are few if any examples of projects using a blockchain that are actually useful, at least for anything besides basic monetary transactions.

    So whenever I see a project mentioning the blockchain, the scam alarm bells go off in my head and my skepticism rises 1000x.

    • NorthWestWind@lemmy.worldOP
      0·
      7 days ago

      This is why I asked this question. I suspected a lot of people are just hating the economic abuse instead of the technology itself.

      Like people are downvoting because they saw the word “blockchain” (I’m guessing. Downvoters tell me why)