Post
Topic
Board Project Development
Re: I’m building de-social network on BitCoin, called BitSoul.
by
ABCbits
on 07/08/2024, 09:10:10 UTC
Why should use the Bitcoin chain?
1. Applications on Bitcoin are just emerging, and there is currently no related protocol for a DID identity system. This is an important area in the crypto community.

There are already several attempt. For example, MicroStrategy already share their plan to build DID protocol using Ordinals.

2. Bitcoin is currently the most secure chain, and personal identity information is the most important information for everyone, so it should be stored on the most secure chain.

Or don't share such information on place which can be seen by anyone.

3. The various DID identity systems on different chains have caused severe fragmentation in the ecosystem. Bitcoin's position is the most hopeful for standardizing DID identity systems.

It reminds me of this xkcd comic.


Source: https://xkcd.com/927/

The Bitcoin blockchain is for finance - you want a different blockchain.   Security is no different between blockchains.   Do you understand the difference Bitcoin and Blockchain?

Who stipulates that Bitcoin must only for finance?

You should be aware that some Bitcoiner don't like when someone store arbitrary data on Bitcoin blockchain.