• @Kecessa@sh.itjust.works
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    -103 months ago

    It would probably have been a centralized system though so much easier to control it.

    A bit like USDT that is controlled by a company that has frozen assets on certain accounts in the past and replaced those frozen assets with new ones. They have control over the contract so they can just prevent certain wallets from interacting with it, making the coins useless as they’re stuck in the wallet (need to interact with the contract in order to move coins around).

    • @selfA
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      123 months ago

      that sounds a lot like a shitty database with extra steps

      • @Kecessa@sh.itjust.works
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        -103 months ago

        Well, just the fact that it’s 100% transparent is a step forward compared to the stock exchange as it is at the moment and otherwise your comment also applies to the stock exchange as it is working now…

        • @sc_griffith
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          93 months ago

          “we made the plane 100% transparent! now you can tell if the pilots are doing anything bad, it’s a major step forward. also it doesn’t really fly now”

          • @froztbyte
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            3 months ago

            the plane’s made of perspex and the wires are salt-soaked strings wrapped in liquorice strips for isolation but it’s fine, our designer signed off on it

            • @gerikson
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              43 months ago

              Wasn’t the space ship in Niven’s Ringworld series both literally indestructible and transparent? There’s no way I’m going back to check because Niven is one of those authors I realized decades after reading him was a dirty old man.

        • @selfA
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          93 months ago

          if you’re gonna come in here and spew coiner bullshit at least make it entertaining for fuck’s sake