Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catalogue Eyeballs'

Re:Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catal... by teraflop on Tuesday October 26, 2021 @09:43AM (#29000284)

Which, as always, raises the question of why a blockchain is necessary. If the creators' master key can be trusted with the power to decide who gets new coins, why don't the creators just store everyone's account balance in a database, and get rid of the enormous performance and energy costs of a distributed ledger?

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Re:Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catal... by _jal on Tuesday October 26, 2021 @11:35AM (#29001689)

> raises the question of why a blockchain is necessary

For marketing, of course. Blockchains are magic, the rubes won't flock otherwise.

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Re:Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catal... by tlrobinson on Tuesday October 26, 2021 @02:15PM (#29004047)

I don't know anything about Worldcoin specifically, but you could argue a case for an initial period of semi-centralized "fair" distribution, after which the protocol would (verifiably) cease to allow minting of new coins.

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Re:Edward Snowden Slams Sam Altman's Worldcoin: 'Don't Catal... by mempko on Tuesday October 26, 2021 @09:58AM (#29000444)

Exactly!

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