This is in response to this post. I could not login at the blog, nor could I figure out how to fix my login.
The anti-blockchain responses are just wrong. The legal stuff is not reallly applicable to your product. Besides, bad stuff is going to be out there. You just prosecute people. If you wanted to you can find all of the unsavory content on the internet anyways. All blockchain does is stop people that do not support the concept of free speech from censoring others till the end of time. It’s a societal good to allow unpopular speech; since, when they’re right you get Galileo.
The energy usage stuff is highly inaccurate. If you contact Cointelegraph or Coindesk they can give you definitive proof that the traditional fiat economy uses far more energy than the blockchain economy ever will. The banking industry and US government are extremely inefficient with energy usage. Far more than Bitcoin. Remember miners make more money if they invest in advancing energy efficiency.
Now, onto using a blockchain for Libreoffice. All of that political stuff is all from people that support strong central governments with the ability to plan the economy. The fact is you can register your product on Astar, and collect inflation in Astar to pay developers. Users stake their Astar on a project and the inflation gets split 50% between the development team and the stakers. The idea is good projects get funded directly with inflation.
The transaction fee is what gives Astar its value, and as adoption goes up Astar increases in value from more paying the fee. The US dollar works the same way gaining value through taxation. The print just goes directly to projects people vote on the value of. The energy usage is also really low since it’s a proof of stake system. The Polkadot ecosystem can be thought of as the financial arm of the GPL.
There are Parachains that might be scams or poorly thought out projects in the ecosystem. The idea is those chains just do not get funding in Polkadot to secure a lease again. I do not believe Astar is that. Besides, you can always convert a portion to another asset. It’s just fiscally responsible to take profit and diversify assets for any business.
Maybe, long term if this works out integrate Crust Network too for low cost data storage? They have not launched yet, but it looks like a better designed IPFs in terms of the economics.
If interested I’d contact Astar Degens or the Astar team through their Discord.