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While I think they're incredibly clever, I'm distrustful of cryptocurrencies and ethereum. So I'm putting ICOs into that basket as well. Still, they always garn

While I think they're incredibly clever, I'm distrustful of cryptocurrencies and ethereum. So I'm putting ICOs into that basket as well. Still, they always garner a lot of attention, probably for their cleverness. On the other hand, I'm very interested in Hyperledger (IBM Blockchain) [1] which gets scant attention here. Indeed this thread already has more comments than all of the Hyperledger threads combined. Hyperledger is strongly influenced by ethereum and bitcoin. But instead of being slow (10 minute transactions), expensive (you're bidding for miners time), and anonymous (anonymous), Hyperledger is fast, cheap and identified. And apparently boring. [1] https://www.hyperledger.org/ https://www.hyperledger.org/

hudon 9y ago
You've got the right idea. Hyperledger and R3's Corda [1] are where it's at for distributed ledgers (fast and cheap, as you say). Blockchains add censorship resistance and that's their primary feature, not a weakness as you state. You can put in ledger entries and know that no one will arrest/kill you for it, and because anyone in theory can be a transaction validator, all ledger entries get validated. This means the tech is not useless but it's a whole different market. Hyperledger and Corda are to make the existing financial networks more efficient. The blockchain is a new financial network for censorship resistant transactions (think activism, capital flight, buying drugs, scamming people, political donations, etc.). [1] https://www.corda.net https://www.corda.net