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Topic: [FOMO] Microsoft looking into building decentralized IDs on blockchains. (Read 135 times)

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Activity: 126
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Shhhhh.. .... ... FOMO  Undecided
legendary
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gotta laugh at page 2 of the article

they dont want federated(masternode) blockchains. they want decentralised blockchains..
..but then

they talk about layer 2 things like lightning as the solution to holding all the data of 7billion people.

but here is the kicker
peoples names may only change a few times(marriage) in their life.
their date of birth never changes
credit rating may only change once a month/year

so layer 2, is not the solution. plus layer 2 is not an immutable blockchain, nor permissionless, nor individual control

i think microsoft is just throwing out buzzwords to garner investments before even having a prototype/design idea ready

all i can see from this article is speculators shouting "big corp mentions word bitcoin.. to the moon".. rather than anything revolutionary

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Activity: 126
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DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
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