this post was submitted on 13 Nov 2024
970 points (98.1% liked)

People Twitter

5284 readers
594 users here now

People tweeting stuff. We allow tweets from anyone.

RULES:

  1. Mark NSFW content.
  2. No doxxing people.
  3. Must be a tweet or similar
  4. No bullying or international politcs
  5. Be excellent to each other.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 1 week ago

Yea the idea there is that with it being decentralized, it has an unedited history. So if each block added to the chain is a new transaction, you can see previous agreements. Being decentralized also means that it's public record and everyone can see the contract/agreement/transaction.

There's a lot of neat stuff that can be done, but as the other guy stated, it's a solution looking for a problem.