I'd say DNS is the poster-child example of why - in spite of all the naysayers - blockchain is a desperately needed technology.
I'd say DNS is the poster-child example of why - in spite of all the naysayers - blockchain is a desperately needed technology.
If it's authentication of authoritative response data you're looking for then that's what https://en.wikipedia.org/wiki/Domain_Name_System_Security_Ex... is for.
Sadly, no. In addition to the hive of scum and villainy that are Bitcoin exchanges and other ecosystem players, there are a thousand stories of first-party losses. https://www.wired.com/story/wired-lost-bitcoin/
My point with bitcoin is that bitcoin itself works as advertised. But like gold, directly working with bitcoin requires a good deal of specialist knowledge.
That's why, as with any medium of exchange, you need an infrastructure to manage funds and enable transactions, and the crypto-monkeys are trying to replicate systems that developed over centuries.