I firmly believe that the blockchain, and a lot of crypto stuff in general, is snake-oil, and a solution in search of a problem, but dns seems like a place where it could be useful. Am I wrong? As a blockchain-hater, I would love to be.
What? No. What problem will will this solve?
Well, dns is centralised, icann controls it.
letting people like Elon Musk control DNS should make it obvious why this is a horrible idea. most of those crypto people are fascists and/or “anarcho-capitalists”
If he can control it, then its not decentralised.
hence the inherent problem with crypto. you’re always gonna end up with fascist billionaires at the helm when you essentially implement a vote determined by how much bro-tokens you own.
I’m not aware of any blockchain implementation that isn’t just a reskin of late stage capitalism.
they call it “decentralized” when most of Bitcoin’s mining power is centralized in the hands of a few shadow companies and for the proof of stake model it’s centralized in the hands of a few wall street bros
I agree that DNS is horribly centralized and outdated, but tech isn’t gonna solve this problem which is political. I think every TLD should be ran by a federation of independent worker co-ops managing each TLD autonomously. who then convene at a federation council to replace the functions of ICANN
