this post was submitted on 12 Jun 2023
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What advantage would switching to crypto have? I'm not well versed in how Lemmy works yet but I don't see why Lemmy would need blockchain.
Because Crypto desperately needs new fodder for the bottom of the pyramid
Blockchain is basically a write only database. It's great for stuff like financial transactions, but it's not really necessary for something like Lemmy.
Blockchain/proof of work is indeed not necessary, but identities should not be bound to instances. That's the thing #nostr gets right and the #fediverse doesn't.