kreynen

joined 1 year ago
[–] kreynen@kbin.social 8 points 9 months ago

actual, verifiable digital ownership... using a distributed database technology that is designed to require a massive amount of computing resources to update.

I think where some of us who work in spaces using databases to verify something in critical business processes get stuck in accepting that blockchain has value is that our jobs have always been to verify "ownership" as quickly and efficiently as possible. We typically do this by defining a canonical source of truth and our success is judged on how many milliseconds transactions take and the datacener or cloud costs.

Saying that everything about blockchain is "dumb" isn't a very nuanced analysis... but it's a understandable reaction to hearing the hype that blockchain is going to change everything for years.

I've never seen anyone argue that the massively distributed nature or the public read access of blockchain technologies aren't interesting. It's the tradeoff that has to be made in speed and costs that make it hard for many of us to see any value in the approach for most applications.

[–] kreynen@kbin.social 6 points 11 months ago

we don’t have the kind of political system YET...

Roughly 50 American voting jurisdictions — from small cities to states — have now moved to a ranked choice voting system, according to tracking by the advocacy group FairVote, and it's shaping up to be one of the political subplots of 2024.

Advocates say ranked choice voting could help take some of the toxicity out of American politics while giving voters access to a broader swath of ideas.

https://www.npr.org/2023/12/13/1214199019/ranked-choice-voting-explainer