• illi@lemm.ee
    link
    fedilink
    arrow-up
    1
    ·
    edit-2
    9 months ago

    So I don’t necessarily disagree but blockchain can be problematic at best. For example how would you offset the environmental issues it brings if all financial transactions would be backed by blockchain? How would day to day payments be done? Regular people transfering money between themselves (grandma giving some money to her grandkid “to buy something nice” for example)?

    • 3volver@lemmy.worldOP
      link
      fedilink
      arrow-up
      1
      ·
      8 months ago

      Read about proof of stake. There doesn’t need to be one single blockchain. Many blockchains can run in tandem to handle massive amounts of transactions.