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Solarpunk and web3 (self.solarpunk)

submitted 8 months ago by thisfro to c/solarpunk

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Note: I might just be uneducated on the subject.

When I read about web3 with blockchains, smart contracts and dapps, all sounds very promising. But once you look for any real world applications it is just some obscure things that kind of only exist to support the decentralized system. I guess that makes sense, but are there any actual real world uses for that? Like day-to-day things that make a persons life easier, not harder?

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[–] FluffyPotato@lemm.ee 19 points 8 months ago (11 children)

Web3 is just crypto scams in a trenchcoat. Blockchains had some cool applications for being a good database engine for high data integrity and transparency. Unfortunately what I imagine happened was some business school duche walked in on the development and went like "I can make the stockmarket with no regulations or safety with this" and that is what it became.

[–] thisfro 3 points 8 months ago (6 children)

I feel the same way, but I think there must be some cool application, right? RIGHT?

[–] FluffyPotato@lemm.ee 3 points 8 months ago (5 children)

There is, as I said: Database engine focused on data integrity and transparency. My favourite real world example is a database for vehicles to show previous owners while being incredibly simple to look up. Currently if you wanna buy a used car and want to look up previous ownership you need to make an application and wait for at least a week while people stich the data together. That would be a built in feature in a blockchain, zero additional work required. Also plenty of open source front ends to modify and show the data.

[–] thisfro 6 points 8 months ago (1 children)

But that is only useful if a centralized authority enforces the use of it?

[–] FluffyPotato@lemm.ee 2 points 8 months ago

Yea, decentralisation isn't that useful for stuff like blockchains.

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