News for hackers. Stuff that matters.

A comment on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?. Parent comment

Re:Ask HN: Am I going insane or is there genuinely no value ... by andreskytt on Saturday April 23, 2022 @07:16AM (#31133258)
To be more precise, the nature of trust shifts. In case of a central database, one must trust the organization running the database. In case of blockchain you need to trust the math behind it, its implementation _and_ that the network structure preserves the assumptions the math makes. This might be preferable for some but not for others.
[ Parent | on HN ]
Re:Ask HN: Am I going insane or is there genuinely no value ... by baby on Saturday April 23, 2022 @07:34AM (#31133345)
The trust shift to a lower layer, which is always what you want to unless this adds a huge amount of overhead or complexity that leads to security issues. In our case it looks like blockchains are solving real world problems.
[ Parent | on HN ]
Re:Ask HN: Am I going insane or is there genuinely no value ... by angryasian on Saturday April 23, 2022 @04:06PM (#31137979)
you keep repeating this mantra, but this is exactly what Op is asking... what problem is it really solving. Its not solving a tech problem, because the tech exists.
[ Parent | on HN ]
Re:Ask HN: Am I going insane or is there genuinely no value ... by baby on Sunday April 24, 2022 @09:32AM (#31143800)
It is solving a tech problem because the tech exist you mean
[ Parent | on HN ]