I've done a good amount of research on other chains and I can confidently say they are all completely useless. Bitcoin and nostr are all we need. And maybe named data networking, but that involves new hardware too
Discussion
Yeah, that’s my conclusion, too. We tried to use ‘blockchain’ for ‘verifiable data registries’ - it kinda worked but a database was more efficient. Then Nostr came along…
I like nostr because it supports:
- OpenTimestamps for bitcoin-based timestamping
- Hash chains for arbitrary linked verifiable data
- BLOSSOM - content-addressed data storage
All without the blockchain BS
All we're missing is a peer-to-peer cloud of personal servers that provide content-addressable data and code (these should ideally be the same thing).
My previous company was supposed to provide this but... well it's complicated. I'm hoping nostr:npub16lqexwgfr35g5qsxaq0gzapja0xvr8sltmwzuaea4ve3d39k8chsyvqkaj actually ends up solving this in 5-10 years!