this post was submitted on 02 Feb 2024
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Blockchain: the wave of the future (lemmy.world)
submitted 6 months ago by themaninblack@lemmy.world to c/memes@lemmy.ml
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[โ€“] FreeFacts@lemmy.world 17 points 6 months ago (1 children)

Why this hasn't been done is pretty baffling to me.

Because the blockchain needs an incentive. Who is going to be taking part in the blockchain if there is nothing in it for them? That's why these tokens are often tied to crypto currencies, as mining is the incentive.

[โ€“] kautau@lemmy.world 3 points 6 months ago

Yeah why would ticketmaster, who makes a killing having their ticket monopoly and control, develop a system where they lose control?