I firmly believe that the blockchain, and a lot of crypto stuff in general, is snake-oil, and a solution in search of a problem, but dns seems like a place where it could be useful. Am I wrong? As a blockchain-hater, I would love to be.

    • amino@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      7
      arrow-down
      1
      ·
      edit-2
      8 days ago

      hence the inherent problem with crypto. you’re always gonna end up with fascist billionaires at the helm when you essentially implement a vote determined by how much bro-tokens you own.

      I’m not aware of any blockchain implementation that isn’t just a reskin of late stage capitalism.

      they call it “decentralized” when most of Bitcoin’s mining power is centralized in the hands of a few shadow companies and for the proof of stake model it’s centralized in the hands of a few wall street bros