Is the blockchain an interesting innovation, aside from cryptocurrencies ? - eviltoast

For a long time, I thought of the blockchain as almost synonymous with cryptocurrencies, so as I saw stuff like “Odyssey” and “lbry” appearing and being “based on the blockchain”, my first thought was that it was another crypto scam. Then, I just got reminded of it and started looking more into it, and it just seemed like regular torrenting. For example, what’s the big innovation separating Odyssey from Peertube, which is also decentralized and also uses P2P? And what part of it does the blockchain really play, that couldn’t be done with regular P2P? More generally, and looking at the futur, does the blockchain offer new possibilities that the fediverse or pre-existing protocols don’t have?

  • manitcor@lemmy.intai.tech
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    1 year ago

    I think we are grasping for new words here really, its only been in the last few years orgs have been exploring actual deployments internally.

    I do have a very reductive definition of “blockchain” as I believe it is what it says. what is considered “satoshi’s vision” includes a blockchain system but it does not define the word.

    HL is a blank canvas that allows you to deploy whatever consensus you want including those commonly found in public chains, it is entirely possible to run a hyperledger instance that is compatible with any network you would like, presuming you would want that effort.