cross-posted from: https://sh.itjust.works/post/16182791

CCP reveals first details of survival game set on a single shard in the EVE universe, but wait: here comes the blockchain

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9 points

I’m amazed there are still people out there who consider blockchain a positive buzzword.

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-7 points

Why couldn’t it be a positive word? Assuming you’re disassociating it from bitcoin

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13 points

Because there have yet to be any valuable applications of blockchain. It’s an interesting idea in computer science theory, but you can’t do hardly anything useful with it in the real world.

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7 points

Minor/pedantic addendum: For all uses of “blockchain” in this thread, I assume we can all agree that we’re talking about “public ledger blockchain” specifically.

Private blockchains absolutely have their uses, such as being the technology that powers Git. But those uses are still strictly limited to situations where an append only ledger is actually useful, and those are very few indeed.

But yes, in regards to public ledger blockchain, there are absolutely no valid use cases.

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-5 points
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The value of blockchain is to provide immutable ownership of something. Whether that be music, a tv show, movie, music, video game, etc. There is music on the blockchain, and the artists who have created that music can sell their music to fans without having to pay egregious fees to corporations. As well, they can determine if they’d like to include royalties, so every time their song is resold they can get a percentage of that transaction. TV show and movies are far less common, but the fact that you can own media on a decentralized platform that won’t go down because, a cloud service is having trouble, or the company decides they don’t want to host that particular media anymore even if customers have already bought it, means that you have access to what you purchased. The same can be said about games. Moreover, assets you either collect or purchase for that game can either be traded or sold. And, apparently the US Gov feels like there’s beneficial use cases for it, too: https://www.gao.gov/assets/gao-22-104625.pdf

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7 points

There aren’t. a16z are a crypto company. They’re almost certainly tying the funding to CCP putting the word blockchain in there in the hopes of tricking people into thinking there’s still some life in this dead horse they’re flogging.

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