this post was submitted on 20 Aug 2023
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Blockchain =/= crypto
Crypto uses blockchain, but blockchain is just a different type of database that generally tracks data through a decentralized network. It has a lot of real uses beyond crypto like identity verification, transcript/records management management, and iot data sharing. It’s nothing that can’t be done in a centralized manner, it’s just a different way of going about it that, in some cases, is much more secure and/or much more easily accessible.
and thats the main problem with basically all blockchain related solutions, theres pretty much always a centralized alternative thats more efficient
and much more.... centralized? But let's also just ignore the part where it's described as generally more secure as well.
it being centralized dosent mean its bad. theres also the fact that many processes are centralized by the nature of how they work.
why would that be?