• nexguy@lemmy.world
    link
    fedilink
    arrow-up
    2
    arrow-down
    11
    ·
    3 days ago

    We do have existing mechanisms in place. More expensive and less safe options. This is definitely not a huge and unwieldy system. Very simple and streamlined and much cheaper. Nothing amazing or world changing… just some minor technological advances.

    • Venator@lemmy.nz
      link
      fedilink
      arrow-up
      15
      arrow-down
      1
      ·
      3 days ago

      I don’t see how it’s more expensive or less safe for authentication to be signing with a private key and publishing the public key…

      • tempest@lemmy.ca
        link
        fedilink
        arrow-up
        18
        ·
        3 days ago

        You don’t get it. It’s on the block chain, it’s a chain of blocks man, like it’s decentralized finance man, we’re calling it defi, like hifi but defi, it’s gonna be huge.