Re:Blockchain at CMU and Beyond [video]
by Moodles on Saturday January 05, 2019 @03:54AM
(#18830643)
I conjecture that blockchain only solves peer-to-Peter digital currency, I.e Bitcoin. I conjecture it has no business solution about supply chains or tracking bananas or weed or porn any other nonsense. Almost invariably, a central authority actually exists and is hidden behind buzzwords, or its a bad version of Git.
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Re:Blockchain at CMU and Beyond [video]
by trevelyan on Sunday January 06, 2019 @12:06AM
(#18836674)
Look into Saito. Universal broadcast PKI networks are useful for more than just money.
"look into it" how?
Re:Blockchain at CMU and Beyond [video]
by man-and-laptop on Saturday January 05, 2019 @05:01PM
(#18834555)
Not that I approve this usage, but why not weed?
Explain to me why you need a blockchain for anything to do with weed (and not bananas)?
Re:Blockchain at CMU and Beyond [video]
by man-and-laptop on Sunday January 06, 2019 @07:35PM
(#18841783)
Decentralised marketplace, maybe? Open-source, trustless. So people can't scam you. Not saying that blockchain is a good way to do this: For instance, privacy would be a major red-flag, as well as the question of who's going to do the mining.
[edit]
Just found this: https://openbazaar.org/ Doesn't appear to use its own blockchain. Does use cryptocurrency though, for largely privacy and anti-censorship reasons. Uses multisig capabilities in Bitcoin to enable escrow/chargeback.
As to why you wouldn't do the same thing for bananas: Weed is illegal, so any business selling weed is in danger of being shut down. Something decentralised is more immune to getting shutdown. Compare Napster (centralised) to BitTorrent (decentralised).