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Useful blockchain

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Unikalnyi

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The blockchain technology (now we are discussing any blockchains) allows you to implement a very useful function - to store some data in the future, unchanged, which cannot be replaced (under ideal conditions). But the use of this technology is reduced to displaying the feature only as a financial instrument and the banal display of the feature in pictures and gifs for NFTs, or useless tokens.

Therefore, I believe that it is necessary to fill the blockchain with really useful information - about all scientific developments and achievements, about great works of art, about proven historical facts, in general, about everything that will help future generations (and maybe civilizations) learn about gas and our development and perhaps learn something new for yourself.

How to implement such an idea?




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#1 - January 28, 2023, 07:35:07 PM

MrPips

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I think such a use would require too much memory. It would be impossible to secure the blockchain after a while. Even Bitcoin will eventually become so large that the average person or company cannot participate. Which affects decentralization. So it's best to point to the information, similar to NFTs. They point to an image in most cases but the blockchain itself does not contain the images.
#2 - January 29, 2023, 12:34:34 AM

Unikalnyi

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Quote from: MrPips on January 29, 2023, 12:34:34 AM
I think such a use would require too much memory. It would be impossible to secure the blockchain after a while. Even Bitcoin will eventually become so large that the average person or company cannot participate. Which affects decentralization. So it's best to point to the information, similar to NFTs. They point to an image in most cases but the blockchain itself does not contain the images.
Then the value of the blockchain is lost, downloading information similar to NFT is not very convenient for further processing. What did you mean - because of the large amount of information it will be impossible to protect the blockchain?
#3 - January 29, 2023, 07:09:33 PM

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#4 - Today at 03:30:19 PM

MrPips

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Quote from: Unikalnyi on January 29, 2023, 07:09:33 PM
What did you mean - because of the large amount of information it will be impossible to protect the blockchain?
I meant the blockchain itself cannot store all information. For example, the digital information that contains an image. Let's say the average image is 1 MB in size. And lets say only 1 million people stored only 1 image each. This is very conservative of course. In such a scenario, the blockchain would be 1 million Megabytes just for images. Not to mention other uses. So a blockchain can only point to the information. The actual information is stored on a centralized server. Like Amazon AWS.
#4 - January 29, 2023, 10:28:32 PM

Kardel Sharpeye

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Blockchain technology can provide several benefits to crypto trading, such as increased security, transparency, and efficiency. Blockchain allows for decentralized trading without the need for intermediaries, reducing costs and improving speed. Smart contracts can automate trading processes, while immutable records on the blockchain ensure transparency and prevent fraud. Additionally, blockchain-based tokens can represent assets such as stocks or real estate, expanding the possibilities of trading. Overall, blockchain has the potential to revolutionize the way we trade and manage assets in the crypto world.
#5 - March 04, 2023, 12:55:34 AM

mildr

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I agree with you, blockchain evolves every day. I found an interesting article about it https://hr-bit.com/it-horoscope-2023-zodiac-sign-blockchain/, might be useful for you

#6 - April 28, 2023, 11:42:32 AM
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