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Re:Web3: A VC-funded gig economy of securities fraud by davidgerard on Wednesday April 13, 2022 @02:58PM (#31018730)
> So what's the actual technology here?

Shared Merkle tree ledgers are the technology that actually exists, and has done since the 1990s. It turns out to have very few applications.

https://blog.dshr.org/2022/02/ee380-talk.html - a talk by David Rosenthal, who made a few things using shared Merkle tree ledgers in the 1990s and early 2000s.

The rest of the "technology" is vague promises and get-rich-quick schemes, using technology as the excuse. e.g., you're talking about a "global market" using ZKPs, but no such thing exists - you're stating a "blockchain could" as a "blockchain does". When "could" is a word that means "doesn't."

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