News for hackers. Stuff that matters.
Re:It’s not still the early days of blockchain by andreskytt on Saturday January 15, 2022 @03:23AM (#29944775)
That said, blockchain-like technologies (ksi, more specifically) can be used to assure the integrity of databases storing the relationship between you and your car.
Re:It’s not still the early days of blockchain by hectormalot on Saturday January 15, 2022 @03:39AM (#29944851)
Yes, but is it a problem worth solving beyond what we have today? What’s the last time we saw an database integrity failure at the DMV/… leading to cars being owned by people that shouldn’t?
Re:It’s not still the early days of blockchain by notahacker on Saturday January 15, 2022 @04:18AM (#29945043)
I'm pretty sure it wasn't more recently than the last time people lost control of assets on a blockchain!

Replacing databases which afaik have never been manipulated anywhere in the world (despite representing legal ownership of high value assets) with tokens similar to those people lose access to or are duped out of on a daily basis is very Web3

Re:It’s not still the early days of blockchain by grey-area on Saturday January 15, 2022 @05:57AM (#29945453)
Re:It’s not still the early days of blockchain by Uke on Monday January 17, 2022 @03:09AM (#29964435)
when you start to coin terms like rug pull and web3, it sure does feel like a systematic problem. There are people who specialize in asserting if you can trust a new token or not - why would i invest in something so janky?
Re:It’s not still the early days of blockchain by staticassertion on Saturday January 15, 2022 @04:00AM (#29944961)
Databases have been doing that for a long time. Blockchains only add additional guarantees that matter when you have hostile participants, which only matters if you're decentralizing your system, which you probably don't want to do for a lot of things (like tracking ownership of a car).
Re:It’s not still the early days of blockchain by CRConrad on Monday January 17, 2022 @05:43PM (#29972541)
Your username kind of goes nicely with your point here.
Re:It’s not still the early days of blockchain by lottin on Saturday January 15, 2022 @03:47AM (#29944898)
But is this blockchain-like technology better than the alternatives? What advantages does it have over a simple checksum, for example?
Re:It’s not still the early days of blockchain by democracy on Saturday January 15, 2022 @03:51AM (#29944919)
A good example of an imaginary problem!
Re:It’s not still the early days of blockchain by quickthrowman on Saturday January 15, 2022 @09:52AM (#29946749)
I have never had the state DMV lose record of my ownership of a vehicle. I don’t know anyone that has. I can’t find any record of it happening.

It doesn’t sound like an actual problem to me.

Re:It’s not still the early days of blockchain by CRConrad on Monday January 17, 2022 @05:42PM (#29972533)
Can't a simple checksum or hash do the same (and without burning as much electricity as all of Argentina)?
Re:It’s not still the early days of blockchain by lawtalkinghuman on Saturday January 15, 2022 @10:02AM (#29946814)
mysqldump | sha256sum