4 ms·
People keep thinking it’s going to revolutionize entire industries when really it’s a highly limited and inefficient database technology that no one who isn’t t
by flatline 9y ago
People keep thinking it’s going to revolutionize entire industries when really it’s a highly limited and inefficient database technology that no one who isn’t trying to make a buck would suggest using for data storage unless you have the very particular constraints of something like bitcoin.
There’s lots of mature, versatile database options out there: Postgres, SQLite, BerkeleyDB, and countless other NoSQL and CQRS solutions. Blockchain does one thing well, its immutability and intractability are not well suited to many applications.
- islanderfun 9y agoPeople "improperly" using block chain tech to replace traditional database storage doesn't make the tech a pipedream.
- watty 9y agoIt's like "machine learning" and every other buzzword. People expect "machine learning" to just solve all the problems in every industry. It's great tech but it has limited use cases.
- amenod 9y agoYou are comparing apples to... potatoes? The whole point of blockchain is that it is immutable and intractable. It doesn't try to be a DB, except maybe in some abstract sense. Whether it will revolutionaze industries or not remains to be seen, but dismissing blockchain as an inefficient DB is simply misguided.