Repeat after me: blockchain is centralised.
You want to tilt the power dynamics to favour social justice? You don’t do that by making a billion copies of the same database. You do it by ensuring that a billion people can have their own unique databases.
Expend your energy to realise topological decentralisation not global proofs. Sure, it won’t make you a billionaire but if that’s what you want, what the fuck you reading my feed for?
@qwazix @aral Putting all transactions in a public ledger is a strange idea to me. One must assume any cryptographic scheme which isn't one time pad will be broken over time, that's why all well-designed schemes can switch both key and algorithm at the drop of a hat. When everything is public, you can only put stuff there which is truly public. I don't think "every single transaction" fits that description. Blockchain is a really cool solution looking for a problem, currencies isn't one of them.
Ein norsk tenar for den desentraliserte sosiale media platformen Mastodon.