this post was submitted on 23 Jun 2023
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This may be a very stupid idea, and I know blockchain has a bad reputation for scams, but I was wondering how viable the Internet Computer blockchain might be for a Fediverse universal ID. From what I read on their website, data is much cheaper to host on their blockchain (something like 70 million times less than on Ethereum). It is also possible to host entire websites with Wasm on it). So here are my questions:

  • Is there an ongoing effort to make a universal ID for the Fediverse or are we not there yet?
  • Does blockchain have its place in the Fediverse, not necessarily for crypto, but for decentralized data storage.
  • Do you think something like the Internet Computer blockchain could serve as a universal ID for the Fediverse?

Again, sorry if this is a dumb post, I am really new to the concept of this space as a whole.

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[–] mremugles@lemmy.world 2 points 1 year ago

Crypto currency was perhaps one of the biggest mistakes of the last 20 years