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> One could argue that a blockchain's only real world purpose is as a shared database, just as http's only real world purpose is the transfer of data between co
by Goladus 9y ago
> One could argue that a blockchain's only real world purpose is as a shared database, just as http's only real world purpose is the transfer of data between computers.
So far it seems like the only thing anyone actually makes based on this shared database are new mini-currencies.
- justincormack 9y agoAgain, useful applications being crowded out by speculative ones. Why bother making anything if you can apparently trivially print money. Until the bubble ends.
- Goladus 9y agoCan we at least articulate a useful application, one that takes into consideration economic viability in the context of the decentralized consensus engine's extremely high resource cost and extremely poor performance?