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"To criticize Ethereum as "an extremely slow computer" is the laziest, no-effort, no-thought attack you can make" Sorry that the truth hurts. We've been doing
by lightedman 9y ago
"To criticize Ethereum as "an extremely slow computer" is the laziest, no-effort, no-thought attack you can make"
Sorry that the truth hurts. We've been doing this exact same thing since the late 70s and nothing has changed, at all. It's slow, its hugely wasteful, half of these 'contracts' I could execute on my phone faster than I could on the 'network.' And as shown, lots of room for basic-level stupidity to happen like lost Ether.
- seibelj 9y agoThe speed is not what makes Ethereum unique and useful. The global consensus of what happened on that computer is what is useful.
- ForHackernews 9y agoWhy is that useful? Cryptocurrency is >9 years old and so far nobody has thought of a real use case for it (other than selling drugs and child porn) that requires its unique features.
- lightedman 9y ago"The global consensus of what happened on that computer is what is useful." Nick Johnson appears to disagree entirely in a Reddit thread.