degooglerleon@lemmy.zip to Free and Open Source Software@beehaw.org · 3 days agoFoss Phone?lemmy.zipexternal-linkmessage-square74fedilinkarrow-up158arrow-down16file-text
arrow-up152arrow-down1external-linkFoss Phone?lemmy.zipdegooglerleon@lemmy.zip to Free and Open Source Software@beehaw.org · 3 days agomessage-square74fedilinkfile-text
minus-squarelocuester@lemmy.ziplinkfedilinkEnglisharrow-up1·22 hours agoWhat problem does it solve where? It’s an immutable data ledger. It solves trustless interactions. Raising capital, trading, etc. it moves financial markets from proprietary pay to play arenas (wall st), to an open model. If you hate money and markets, you’ll hate it too. But it does solve worldwide instantaneous value transfer.
minus-squareHelix 🧬@feddit.orglinkfedilinkEnglisharrow-up1·15 hours ago What problem does it solve where? It’s an immutable data ledger. It solves trustless interactions. Ah, so, like Git with signed commits. Got it. 🙃
minus-squarelocuester@lemmy.ziplinkfedilinkEnglisharrow-up1·6 hours agoPrecisely actually. Except with nakamoto consensus on top to order the commits.
What problem does it solve where? It’s an immutable data ledger. It solves trustless interactions.
Raising capital, trading, etc. it moves financial markets from proprietary pay to play arenas (wall st), to an open model.
If you hate money and markets, you’ll hate it too. But it does solve worldwide instantaneous value transfer.
Ah, so, like Git with signed commits. Got it. 🙃
Precisely actually. Except with nakamoto consensus on top to order the commits.