Re:It’s not still the early days of blockchain
by CRConrad on Monday January 17, 2022 @05:07PM
(#29972216)
> In a decentralized society, there may be multiple organizations deciding on when and how violent measures can be employed [...] a system that allows people to all agree in things like currency and ownership without giving that power to one specific organization
What, did you read Snow Crash as u- in stead of dystopian? What's to say they'll all agree?!?
The important point is what happens when two of those organisations disagree. What happens when I have Mr Chen's Robot Dog Republic saying I own a property -- because they have the blockchain to prove it -- and evicting you on my behalf, while you have the Cosa Nostra Pizza Delivery Co. saying you own it -- because they have the blockchain to prove that -- and evicting me on your behalf?
Civil war, that's what happens.
Decentralising stuff that everyone needs to agree on sucks.
What, did you read Snow Crash as u- in stead of dystopian? What's to say they'll all agree?!?
The important point is what happens when two of those organisations disagree. What happens when I have Mr Chen's Robot Dog Republic saying I own a property -- because they have the blockchain to prove it -- and evicting you on my behalf, while you have the Cosa Nostra Pizza Delivery Co. saying you own it -- because they have the blockchain to prove that -- and evicting me on your behalf?
Civil war, that's what happens.
Decentralising stuff that everyone needs to agree on sucks.