Hello,

I have been researching about blockchains and stuff and it all seems like a big scam. It’s not sustainable and can be replaced by a simple database.

is there any legitimate use cases of blockchains or it is all just a big scam?

  • garth@sh.itjust.works
    43·
    16 days ago

    land registry

    Yes! No more need for title insurance if ownership records are clear and public.

    • tty5@lemmy.world
      13·
      16 days ago

      They already are in most countries. E.g. in Poland land registry is maintained by court system and any changes are made only as a result of court order or a filing made by a notary public, who has a real incentive to check all the documents, because they are on the hook financially for any false filings.

    • moody@lemmings.world
      18·
      16 days ago

      But them the government can’t unilaterally take your property from you for a pittance under eminent domain. Who wants a system like that?

      • yetAnotherUser@discuss.tchncs.de
        9·
        16 days ago

        Yes they could? Just append a block with the government stating they now own the land.

        I guess you could fork the blockchain and don’t accept this change but this would be useless. Even if no one accepted the claim, the government can just do whatever they want with that land.

      • tty5@lemmy.world
        2·
        16 days ago

        You can only guarantee the records have not been tampered with if you maintain a full copy of the records to compare. Even if you do have that full copy you will have a problem proving your copy is the correct one. A full crypto-verified ledger solves that.

        If you empower e.g. every change filer (court, notary public) to run a node fudging records becomes effectively impossible.