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Jacob | Five Eye Tea | 3 months ago (raw) | root | parent | reply | flag +1 
 No ethical reason? So, having decentralization, democratized governance of apps, and immutable trust in the system is unethical?
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Brian | 3 months ago (raw) | root | parent | reply | flag 
 Those 3 things sound pretty good. Where can I see it in action?
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Jacob | Five Eye Tea | 3 months ago (raw) | root | parent | reply | flag +2 
 Some quick suggestions.

For decentralization, check out IPFS or LBRY. While IPFS isn't specifically a blockchain, it does make use of blockchain for its Filecoin token which incentivizes people to contribute to the IPFS network (which, itself, offers a potentially better version of the internet in the long run). 

Meanwhile, LBRY runs off of the LBRY blockchain and allows users to upload content that's decentralized and solely under the control of the person who uploads it. It can't just be taken down arbitrarily.

And in terms of governance, that's the area where things are still developing but it's related to the concept of a DAO and the utility purposes that NFTs CAN offer. A DAO can allow decentralized and democratic governance of an app or organization. NFTs don't have to just be "owning a JPG", they can be tokens that offer an individual voting rights, among many other purposes. Again, this area is developing and far from perfect but it offers a lot of potential.

Despite that last one being a WIP, the first two are objectively ethical and important purposes that non-Bitcoin blockchains can offer, and there are many other examples as well.
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Brian | 3 months ago (raw) | root | parent | reply | flag 
 Is it possible to do without creating their own currency?
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Jacob | Five Eye Tea | 3 months ago (raw) | root | parent | reply | flag +1 
 Considering the fact that money is central to the human existence, it's usually not completely separate. IPFS, as a network, functions on its own without Filecoin. However, with Filecoin, it incentivizes more people to host, making the network stronger. Voluntary hosting can only do so much. 

This is similar to how Session, as a messaging app, is just an end-to-end encrypted messaging app running over an onion routing network, and you never have to even think about the crypto side of things, yet the nodes in that onion routing network are hosted by people who stake the OXEN cryptocurrency (though they're switching over to a new token called Session Token). By staking this token, it locks down that node while also earning the host some income over time. This reduces the likelihood of sybil attacks (one of Tor's only inherent anonymity weaknesses) because governments would have to stake OXEN/Session Token and, well, the blockchain transparency means we'd be more likely to know about it as a community.

In terms of LBRY, they probably would have been better off NOT having their token (LBC) since that's what the SEC went after to shut down the company, but the network lives on because it's driven by the LBRY blockchain. It's also what allowed Odysee, which was once just LBRY's main web front-end (and spun off into its own company ~2-3 years ago), to regroup and start switching over to a new framework that's operating on Arweave.

I can also give another example of blockchain being used like this: MeWe. Previously just a centralized, privacy-friendly alternative to Facebook, they've recently completed a migration over to Frequency, using Decentralized Social Network Protocol (DSNP). Frequency is specifically designed to be a utility blockchain that hosts decentralized social networks. Frequency tokens aren't worth any money, yet they will eventually offer voting power over the way the blockchain is governed over time.

In general, I totally get the skepticism over crypto. I also agree that Bitcoin is undoubtedly the best cryptocurrency and blockchain. However, we also have to be fair and recognize some of the weaknesses, as well as the fact that there are definitely still ways that blockchain and altcoins can be useful to a future digital society. Not all of them are ponzi memecoins, some of them have some really awesome potential that we can use side-by-side with Bitcoin.
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Islamic Audiobooks Central | 3 months ago (raw) | root | parent | reply | flag +2 
 What do you think about HNS?

https://handshake.org


#handshake #hns #dns #dnsalternatives
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Jacob | Five Eye Tea | 3 months ago (raw) | root | parent | reply | flag +1 
 Never heard of it but I'll have to look into it, as a decentralized DNS alternative sounds pretty awesome.
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Islamic Audiobooks Central | 3 months ago (raw) | root | parent | reply | flag +1 
 Not replacing dns sorry my mistake but root servers