this post was submitted on 27 Jul 2023
239 points (83.9% liked)
Technology
60078 readers
4458 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
im curious about the slow and innefficient part. Its a ledger and I was under the impression it was perfect for following a supply chain to keep track of shipments. I have sorta been surprised it has not been used for this
Why would you use blockchain to track shipments when you can easily do the same with a standard database? What would be the gain?
with blockchain the information is on the token. You should not need a database.
Blockchain itself is not slow. No idea of slow or fast can exist without an implementation, and the implementation they probably have in mind is Bitcoin which is slow as shit.
bitcoin is not the only implementation. Gridcoin does not have the same bloat.