Big Barry Bitcoin on Nostr: We don't need forever data on the blockchain. Not for every GM, every typo, and every ...
We don't need forever data on the blockchain. Not for every GM, every typo, and every drunken text.
We just need the last few months of data and then CERTAIN posts can be backed up to a blockchain if needed.
Also, regarding... No one has figured out how to destroy a blockchain, that is technically untrue. This type of data storage on a blockchain will lead to a core problem: it requires big servers to run a node and keep the system going.
Over time, it will centralise into just a few hands and then it only takes one of two things to destroy a blockchain:
1. Regulate/threaten/arrest the server maintainers. (Who will pick it back up if it costs too much to do it?)
2. Make it uneconomical to run a node, even for them and they will just shut it down.
Just because it hasn't happened yet, doesn't mean it isn't going in that trajectory.
Finally, blockchains need tokens, and those tokens need to be monetised. I don't know one that doesn't do that. We don't need that for social media.
We just need the last few months of data and then CERTAIN posts can be backed up to a blockchain if needed.
Also, regarding... No one has figured out how to destroy a blockchain, that is technically untrue. This type of data storage on a blockchain will lead to a core problem: it requires big servers to run a node and keep the system going.
Over time, it will centralise into just a few hands and then it only takes one of two things to destroy a blockchain:
1. Regulate/threaten/arrest the server maintainers. (Who will pick it back up if it costs too much to do it?)
2. Make it uneconomical to run a node, even for them and they will just shut it down.
Just because it hasn't happened yet, doesn't mean it isn't going in that trajectory.
Finally, blockchains need tokens, and those tokens need to be monetised. I don't know one that doesn't do that. We don't need that for social media.