Re:El Salvador to airdrop $30 in Bitcoin to up to 6M citizens
by southerntofu on Friday June 25, 2021 @05:57AM
(#27628864)
> Blockchain tech is unrelated to bitcoins
Yes and no. The latter is built from the former. But the former is ensured to build wasteful tech. I explain the difference between consensus and gossip in an article about decentralized forging, if you're interested:
https://staticadventures.netlib.re/blog/decentralized-forge/
Blockchain tech is unrelated to bitcoins/crypto's.
Just like Stackoverflow doesn't correlate with the value of the .Net framework or HN doesn't correlate with the value of the ARC programming language ( since it's build on that tech)
It's an example of the tech, but the value of blockchain does not have a correlation with any of the 8000 implementations as crypto.
Additionally, the implementation of El Salvador uses Lightning network and since that obfuscates transactions off-chain to a centralized authority. It's not what i'd call blockchain anymore.