▲ 456 ▼ 17 years* (lemmy.blahaj.zone) submitted 9 months ago by Sine_Fine_Belli@lemmy.world to c/science_memes@mander.xyz 69 comments fedilink hide all child comments cross-posted from: https://lemmy.blahaj.zone/post/37913022 https://mastodon.online/@FranckLeroy/109627512801712672
[–] explodicle@sh.itjust.works 2 points 9 months ago (1 child) Like my Excel spreadsheet! permalink fedilink source parent hideshow 1 child comment replies: [–] mattyroses@lemmy.today 2 points 9 months ago Well, yeah. A blockchain is nothing more really than a database. The use case is when I don't want or have a trusted keeper of that data. See, if it's your excel spreadsheet, how do I know that you're not going to change the values on it? For some things that doesn't matter - but for things like funds between different parties, etc, that can be a big issue. Traditionally this has worked by having a trusted third party - a bank, a court, a escrow company, etc. But all these require lots of effort to have as well, and can be bad actors. permalink fedilink source parent
[–] mattyroses@lemmy.today 2 points 9 months ago Well, yeah. A blockchain is nothing more really than a database. The use case is when I don't want or have a trusted keeper of that data. See, if it's your excel spreadsheet, how do I know that you're not going to change the values on it? For some things that doesn't matter - but for things like funds between different parties, etc, that can be a big issue. Traditionally this has worked by having a trusted third party - a bank, a court, a escrow company, etc. But all these require lots of effort to have as well, and can be bad actors. permalink fedilink source parent
