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[–] 0 points 7 months ago* (1 child)

It's going to be whatever new technology built on the shoulders of blockchain tech that works for this. Whatever they solve the efficiency problems with. Then it might have a fighting chance at being a currency, being used as provenance, etc.

I think AI's got a similar issue with the agentic side of it. Still needs another big advance.

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  • [–] 1 point 7 months ago

    But... why? The centralised database uses less power so it's a more efficient foundation. There are some situations where distribution might be worth that cost. A lot of those situations that people were excited about early on (a global currency / gold alternative) haven't proven to be robust to the overhead (although speculative investments and transactions you don't want tracked are working for some people)

    All that said, how does a concert ticket ever fit into that foundation as a win... without bringing up a liberation type ideology?

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