The Lemon Fool

I've been fascinated by how blockchain is more than just the backbone of cryptocurrencies. From smart contracts to secure digital identities, its potential seems limitless.

What do you think is the most game-changing application of blockchain technology today?

Shanotejie18 wrote:I've been fascinated by how blockchain is more than just the backbone of cryptocurrencies. From smart contracts to secure digital identities, its potential seems limitless.

What do you think is the most game-changing application of blockchain technology today?

There is more to cryptocurrencies than the blockchain. The blockchain is great for anything that needs a history. While not thought of as a traditional blockchain, the version control software git (github to most) is a great example of it's use. Unlike cryptocurrencies it's designed so that records can be disposed of if you actually wish.

However I see the decentralization, cryptography and hash parts of cryptocurrency as providing the game-changer.
For example the podcast app Fountain, Nostr (Message/file exchange/social media) and Keet (audio/visual sharing) are all good examples of such use.

Urbandreamer wrote:

Shanotejie18 wrote:I've been fascinated by how blockchain is more than just the backbone of cryptocurrencies. From smart contracts to secure digital identities, its potential seems limitless.

What do you think is the most game-changing application of blockchain technology today?

There is more to cryptocurrencies than the blockchain. The blockchain is great for anything that needs a history. While not thought of as a traditional blockchain, the version control software git (github to most) is a great example of it's use. Unlike cryptocurrencies it's designed so that records can be disposed of if you actually wish.

However I see the decentralization, cryptography and hash parts of cryptocurrency as providing the game-changer.
For example the podcast app Fountain, Nostr (Message/file exchange/social media) and Keet (audio/visual sharing) are all good examples of such use.

It seems that you know a lot about cryptocurrency and blockchain. In fact, I am also very interested in this field. I am also studying market investment. We can communicate then.

Shanotejie18 wrote:I am also studying market investment.

That's interesting. Are you studying this at university or elsewhere?