this post was submitted on 14 Aug 2024
35 points (100.0% liked)

Buttcoin

399 readers
5 users here now

Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.

founded 11 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Kecessa 1 points 3 months ago

I mean, it's not as if stock exchanges were working that well at the moment even though they're opaque... A centralized blockchain vs a centralized database like is used at the moment isn't much different, except that in the first case at least everyone can see what's going on behind the curtain if they feel like it... Same principle as open source projects, the program runs no matter if the code is made public or not, but if it's made public the people who are interested in that can at least check how things work.