• ShittyBeatlesFCPres@lemmy.world
    link
    fedilink
    English
    arrow-up
    16
    arrow-down
    1
    ·
    1 year ago

    Because blockchain is useless and no one is investing in that space anymore because GPT is the new shiny object. Kind of hard to become a blockchain engineer when interest rates aren’t 0%, investors are doing due diligence, and the marketing buzzword train has left the station. Even clueless VCs and MBAs now know blockchain was all hype around selling libertarian fantasies to people who don’t read books.

      • ShittyBeatlesFCPres@lemmy.world
        link
        fedilink
        English
        arrow-up
        4
        arrow-down
        1
        ·
        1 year ago

        It’s pretty useless. It’s proven too slow and inefficient for 99% of the promising use cases and despite having been out for like 15 years, no one has done anything particularly important (and also legal) with it. I’m not sure a typical person would miss anything if the whole ecosystem disappeared tomorrow.

        • HubertManne@kbin.social
          link
          fedilink
          arrow-up
          2
          arrow-down
          1
          ·
          1 year ago

          im curious about the slow and innefficient part. Its a ledger and I was under the impression it was perfect for following a supply chain to keep track of shipments. I have sorta been surprised it has not been used for this

          • dandi8@kbin.social
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            Why would you use blockchain to track shipments when you can easily do the same with a standard database? What would be the gain?

          • Bipta@kbin.social
            link
            fedilink
            arrow-up
            1
            ·
            1 year ago

            Blockchain itself is not slow. No idea of slow or fast can exist without an implementation, and the implementation they probably have in mind is Bitcoin which is slow as shit.