Re:Is Web3 Bullshit?
by JohnFen on Sunday December 05, 2021 @09:27AM
(#29449446)
> But blockchains do introduce a technical capability that never existed before: shared, “trustless” access to and control over data.
But that's not a new capability. You can do that with existing tech. At most, it seems to me, what blockchains introduce is convenience, but it comes with a pretty heavy cost in terms of computational resources.
But that's not a new capability. You can do that with existing tech. At most, it seems to me, what blockchains introduce is convenience, but it comes with a pretty heavy cost in terms of computational resources.