Hey Brian!
Louigi Verona
1

I agree, the real-world applications of blockchain are basically non-existent outside of public ledgers, and there’s dubious viability as a currency as well. The technology itself isn’t really anything new, just a combination of a few different and much older concepts that do have real-world applications such as distributed hashtables (DHTs are used in the Torrent protocol for example), chains of trust (public key infrastructure lives off this). The removal of a central authority also takes away any form of insurance over transactions, which I’m sure the majority of the public is not willing to give up for the sake of “not having a central authority,” which objectively gives more benefits than it does compromises anyway.

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