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My understanding is that a blockchain is a distributed, immutable database. There must be some serious dollaroos floating around in consultancy fees for such a
by retox 9y ago
My understanding is that a blockchain is a distributed, immutable database. There must be some serious dollaroos floating around in consultancy fees for such a simple idea to be cropping up constantly and as a solution to almost every problem.
- aqsheehy 9y agoBuzz words are a hell of a drug
- nadam 9y agoI could say: "My understanding is that software is just the code you put on the Neumann architecture. There must be some serious dollaroos floating around in consultancy fees for such a simple idea to be cropping up constantly and as a solution to almost every problem." The thing is: not every problem is completely trivial to solve even if the basic idea of the blockchain is well known for some years now. I see progress, there are innovative ideas and implementation in the industry every year. It is not about the initial idea, the cryptoindustry is evolving just like the sowtware industry evolved. There may be more hype than necessary, but this stuff and its potential impact is real.
- DmitryOlkhovoi 9y agosure distributed... do you maintain your personal walled by yourself? immutable database... oh do you remember ethereum?
- psyc 9y agoTrust-less veracity is extremely horizontal. This "simple idea" did not have a working proof-of-concept until 8 years ago, so it has not had much time to be realized as a broad solution yet.
- dozzie 9y ago> My understanding is that a blockchain is a distributed, immutable database. Then your understanding is wrong. It's document timestamping system, dragging along all that data is just a side effect of an implementation detail.