this post was submitted on 30 Sep 2023
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The problem in this scenario is that the biggest player will still have an opportunity to dominate. Proof of work blockchain? Well, Amazon just has to outspend all the others—which they can handily do, or run computation on AWS. Similar with staking, except worse because more money = more direct influence.
Our local stores, as discussed in other comments, can’t even offer shipping or workable websites. And we expect them to self administer part of that blockchain? They are just going to pay Amazon to do it.
And big data companies like Amazon would love to peer into the blockchain and see the throughput for each of these competitors and discover patterns. Edit: and they already do that for vendors selling on Amazon, which is where all these Amazon-branded products come from.
That’s probably the biggest turn off to the MBA-types; it would require sharing information, even if obfuscated.