this post was submitted on 14 Mar 2024
76 points (93.2% liked)
Technology
59424 readers
3341 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 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
So, slightly pedantic correction. You can store the data on the BTC blockchain, there’s really nothing preventing it. It costs in fees, it’s not at all what Bitcoin was designed for, but it’s been done in the past.
You technically can but it's not practical for the mass amounts of data and practicality is critical. Heck, bitcoin is barely practical as a currency. Can you imagine someone who isn't tech savvy managing their own wallet? Imagine what happens when their funds are gone, there's nobody to call, and even if there were somebody to call, all that person could say is "sorry, all transactions are final and non-reversible".