Viewing a single comment thread. View all comments

thecodethinker t1_j052uye wrote

Reply to comment by w00t_loves_you in [Project] Run and fine-tune BLOOM-176B at home using a peer-to-peer network by hx-zero

Not a defense of decentralized finance, but the point of the whole blockchain system is to ensure a group of arbitrary nodes can agree on the state of some data.

You can use blockchain technology without having a coin, token, or any of that nonsense. Just not in the way people have been talking about it.

Though blockchains would probably be too slow for something like this.

5

ReginaldIII t1_j06nan5 wrote

> Though blockchains would probably be too slow for something like this.

This is the key point. Blockchains give a confidence bound on trustworthiness by being too slow moving and computationally expensive to manipulate. This is vital when proving a historical audit trail is correct and immutable.

It just isn't important or applicable for high throughput applications where you just care about local immediate correctness of intermediate results.

To quote one of my other comments in this thread

> Blockchains also don't present a solution to trustworthiness here. In the same way that a wallet being present in a transaction on the blockchain says nothing about the real identity of the parties, nor does it say anything about whether the goods or services the transaction was for were carried out honestly.

We care about whether or not you got ripped off by the guy you gave money to (the GPU you gave data to). We don't care about proving you did actually give them the money at a specific point in time.

2