this post was submitted on 12 Jun 2023
1327 points (99.9% liked)

Lemmy.World Announcements

29079 readers
237 users here now

This Community is intended for posts about the Lemmy.world server by the admins.

Follow us for server news ๐Ÿ˜

Outages ๐Ÿ”ฅ

https://status.lemmy.world/

For support with issues at Lemmy.world, go to the Lemmy.world Support community.

Support e-mail

Any support requests are best sent to info@lemmy.world e-mail.

Report contact

Donations ๐Ÿ’—

If you would like to make a donation to support the cost of running this platform, please do so at the following donation URLs.

If you can, please use / switch to Ko-Fi, it has the lowest fees for us

Ko-Fi (Donate)

Bunq (Donate)

Open Collective backers and sponsors

Patreon

Join the team

founded 2 years ago
MODERATORS
 

I think this decentralization and federation is what web3 is all about, without all the corporations calling everything to do with monkey pixel art that costs a million dollars "web3"

you are viewing a single comment's thread
view the rest of the comments
[โ€“] Faendol@sh.itjust.works 13 points 1 year ago (3 children)

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

[โ€“] democracy1984@lemmy.world 11 points 1 year ago

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.

[โ€“] phr0g@lemmy.world 0 points 1 year ago (1 children)

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.