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it's just a buzzword. These are simply bad message passing systems that will never come to fruition as a blockchain. R3 spearheaded this effort and already drop
by brighton36 10y ago
it's just a buzzword. These are simply bad message passing systems that will never come to fruition as a blockchain. R3 spearheaded this effort and already dropped the unneccessary 'blocks' from their project. I'm unclear what their pitch is now, other than sharing your data with your competitors. A stupid goal that could be better performed with http..
- mistermumble 10y agoR3 is now emphasizing the smart contract aspect, and is building their system on Java Virtual Machine (JVM). If blockchain technology is all about adding trust in a trustless environment, what are the trust implications of using Oracle JVM?
- kpil 10y agoThat it's fine? The problem have always been running others untrusted code in your own jvm.
- eternalban 10y agoWas interviewing with a blockchain company yesterday and this was my question to them. There is a strong buzz -- imo not very informed buzz -- about this approach in the enterprise and after this cycle of failed pilot projects the buzz should/will die. Blockchains waste a substantial amount of computing resources. All that heat is wasted energy if the technology is used where the unique featureset of a blockchain are not important. And in the enterprise, that unique featureset is typically not really that important. B2B is a much better enterprise space for blockchains since the name of the blockchain game is 'distributed computing at the edge'.