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Let’s apply the “do you need blockchain” test: do we need zero trust distributed consensus? No? Then no.
by formercoder 6y ago
Let’s apply the “do you need blockchain” test: do we need zero trust distributed consensus? No? Then no.
- RangerScience 6y agoFair-ish. Issue is that any entity that has free reign to modify the state of the chain can modify the tickets; such as deciding to no longer give refunds. AFAIK, there are four entities in shows, with varying levels of trust between then: fans, venues, performers, and the ticketing company. (I'm considering ticket redemption are part of "venue"). Some ability to decentrally coordinate without complete trust seems worth exploring at least as a thought experiment. I'm not saying this definitely is a valid application of block chain, just that it looks more like it could be than anything else I've seen.
- formercoder 6y agoThat’s what we have legal systems for. Even if there was some technical barrier for modifying contracts, it still doesn’t work. Not sure if there’s a name for the opposite of the oracle problem but on the output side, but the theaters can still just refuse to honor the tickets. Again we’re back to it being all about the actual contract. Also does every ticket holder run a node? Is that practical? If not, we have the oracle problem at the other end.