Git uses, in fact, a "blockchain". There's no mining involved (although, given how hard some code reviews can get I'd argue there is still "proof of work" lol) and anyone can create new blocks and is free to accept or reject them. Like someone else already said I think it's less about the "blockchain" and more about finding ways to decentralize traditionally centralized services.
Yet all our git repos are centralised on github
Ask HN: Are there any substantial examples of blockchain solving a real problem?
191–192 of 192 posts
Re: Ask HN: Are there any substantial examples of blockchain solving a real problem?
#192There is something like a blockchain called XRPL. It is currently used to make cross border payments cheaper and faster for corridors where the traditional way (nostro/vostro accounts) is rather expensive mostly due to low liquidity between the 2 assets and high counter party risk or the foreign currency. For example USD to MXN. Lots or people send money to this way. AFAIK only a few millions a week are transferred t…
Ripple the company that builds on the XRPL, recently released new numbers. They say that the volume in dollar that used the XRPL for cross border payments, has increased by 294% in the last quarter. % is hard math so for thous who don't know, that means nearly tripled in 3 month. Obviously it can't grow that fast for long but still impressive and a clear sing that it actually solves a real problem.