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RE: The Normal internet is dying | The Steem Ecosystem is the future
I hear facebook is working on a blockchain project. Will that not make facebook still relevant when other social media phase out? Also if facebook can come up with blockchain based platform that works efficiently, what will stop other social media platforms from replicating their efforts? They have the capital.
It will still be a centralized Blockchain project with unilateral decisions and working towards a board of investors and a political agenda. I'm not afraid at all about the FB Blockchain project. They'll find out all their investment will be for nothing. The key here is "Decentralization" and "freedom". An MSM Blockchain won't work, how are they going to censor and deplatform people? Forking the Blockchain every time someone they don't like speaks up? Don't think so. The Blockchain nature is decentralized, the MSSM nature is centralized.
If you don't desperately need a decentralized consensus mechanism - i.e. don't have a few parties that fundamentally dont trust each other but still desperately need to communicate then why bother with blockchain?
"Centralized blockchain" is an oxymoron. Worst of both world of centralization and decentralization.
Also telegram
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