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Ask HN: What do you think about blockchain's current trajectory

4•mobear•2h ago

Comments

uberman•2h ago
For the most part, I believe outside of bitcoin, blockchain is a solution in search of a problem,
mobear•1h ago
interesting, I've heard the phrase before. I figured decentralizing trust in areas beyond currency like data ownership and preventing censorship would be beneficial as well
al_borland•1h ago
Ledgers have existed for a long time. Most ledgers are held by private organizations, so the need for a public ledger system seems very niche without a major societal change. It also seems much slower than a simple database update, so it can’t scale to all needs. The slowness and increased costs don’t seem worth it for most situations. This relegates blockchain for use as a means to create digital play money for people to gamble with.

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Ask HN: What do you think about blockchain's current trajectory

4•mobear•2h ago•4 comments

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