4 ms·
It's what's known as a mid-brow dismissal. The average HN commenter feels a gratifying sensation of intelligence when they point out that "a blockchain is just
by woah 9y ago
It's what's known as a mid-brow dismissal. The average HN commenter feels a gratifying sensation of intelligence when they point out that "a blockchain is just a database". They can feel that they are debunking a con with their razor-like intelligence, like Neo, escaping from the matrix.
- hudon 9y agoHow is your comment not a mid-brow dismissal? There are so many projects that promised the world and did not deliver, as well as so many projects that ended up being outright scams, that it's not surprising that when someone says "but what about Blockchain X, Blockchain Y and Blockchain Z projects?", we all roll our eyes and think "I'll believe it when I see it." It's not as if any blockchain project has provided a long lasting use case beyond speculation, in which case you calling us all idiots would be warranted. After 10 years of flops, the burden to show how interesting these technologies are is on you now.
- jMyles 9y ago> It's not as if any blockchain project has provided a long lasting use case beyond speculation I don't understand this assessment either. How do you square this with, for example, people who have been able to obtain psychoactive compounds and other medicines that were previously unavailable to them?
- hudon 9y agoOnce we all agree that you can't do anything useful with the blockchain except buy drugs, there will be little resistance when a bill gets proposed that bans the purchase and/or mining of bitcoin, "the payment currency for illegal drugs that uses more electricity than Ireland". And then that final use case is also gone, hence why I said "no long lasting use case". And nice try with calling this contraband "medicines". The way to get legitimate medicinal drugs legalized is through careful analysis and discussions, and then you use democracy to make it happen. See California. What you DON'T do is invent some tech that wastes our planet's resources and invent some story about a decentralized future to fool regulators and then enable all kinds of illegal transactions, from human trafficking to terrorism, just so you can smoke a joint effortlessly.
- jMyles 9y agoWell, needless to say, I see it a bit differently. Drug prohibition is not the future of humankind. If blockchain tech can more quickly undermine it, then I don't think it's reasonable to say that it has no role in making the world a better place. Additionally, if blockchain tech can substantially undermine a policy entrenched with corruption and enforced by violence, I think it's reasonable to surmise that it has other, less controversial use-cases as well. The current state of development in this field suggests that I'm right - again, see the technologies above; it's not obvious how they're possible without a distributed consensus mechanism. I also think that the remark "smoke a joint effortlessly" is both a silly ad-hominen and a red herring. I have been effortlessly smoking joints in all sorts of jurisdictions for the past decade; the change in law really didn't do much to enable that any more than it was already trivial. However, if I were a member of a less privileged class and wanted to retain some anonymity, or if I wanted access to a more esoteric plant or compound and didn't have the social connectivity to obtain it, then I think that I'd find a mechanism to subvert these prohibitions very helpful. Not everyone has the same opportunities and protections as you. Your implicit suggestion that everyone simply live in California is very insensitive. Technologies that tend to smooth this disparity are reasonable to celebrate.
- hudon 9y agoI did not argue that everyone should live in California, I argued that to declare that we need the blockchain, as if free speech and democracy were foregone conclusions, is anti-social and destructive. And I used California as an example of how legalization can happen. You're right that some nations will be more oppressive than others, but you're forgetting that those places will more easily ban public blockchains than in places you've hinted don't need it. See Pakistan, Bangladesh, or China as examples. So you either live in a place where you can fight for your right at a political and social level, and don't need the blockchain (eg. USA), or you live in a place where you cannot easily affect policy, in which case your government has probably also decided you cannot use tools that would circumvent their enforcement... such as the blockchain.
- jMyles 9y ago
- jonnydubowsky 9y agoEthereum is still essentially in its "live demo" phase. The release of dApps and user-friendly-ish products in the blockchain space has had about 2 years of traction. Your application of skepticism is appropriate, the burden of proof is on the developers to show the value of these projects, but it typically takes a decade or so for disintermediating technology to reach the point of ready adoption. We are in the single prop plane phase not too far from kitty hawk.
- wdewind 9y agoWhat's the dApp equivalent of the space shuttle?
- wdewind 9y agoThe "blockchain is just a database" critique is an application of Conway's Law (https://en.wikipedia.org/wiki/Conway%27s_law https://en.wikipedia.org/wiki/Conway%27s_law). The basic critique is: the problem being solved with the overwhelming majority of blockchain tech seems to be a political, not a technical problem. It's a critique that says the issue with this thing you are fixing isn't actually that the data layer doesn't match the existing political structure, it's that the political structure doesn't actually seem to support a demand for this kind of data layer. The reason this critique is so prevalent on HN is because a lot of us just watched the last 10 years of the internet go from "that thing that is going to democratize technology and knowledge" to "a centralized management system for privacy invasion." The reason for this seems to be, loosely stated: "no one wants to run their own mail server." Because no one wants to put the effort in to dealing with running an email service, we allow Google, Facebook etc. to run them for us. The reason for this is because our economy is based on specialization of labor: it's by design. I can choose to spend my time running a server, but allowing someone to do it for me is orders of magnitude cheaper due to economies of scale, so unless I have a really strong demand it's probably not going to happen. The blockchain allows for us the same effect as "running our own email servers," and most of us really don't think it's likely that people are going to want to host their own nodes in the blockchain, because, referring back to Conway's law, there are fundamental political aspects to our culture that do not support this architecture.
- asymmetric 9y ago> The blockchain allows for us the same effect as "running our own email servers," and most of us really don't think it's likely that people are going to want to host their own nodes in the blockchain The way I see it, one of the big assumptions of the technologies in this space is that participants are only acting out of self-interest. Meaning, that there's a strong push towards designing systems where behaviours that are beneficial to the network are also economically rewarding. Meaning that in theory, cryptoeconomics could be seen as an attempt at finding a solution to the problem you mention.
- wdewind 9y agoI'm saying the technology is derivative of the economics and politics of our culture, and it is unlikely that this relationship will invert itself. Tons of political science and economic thought has gone into designing systems where behaviors that are beneficial to the network are also economically rewarding, you're basically describing market economics. Nothing about cryptocurrency is novel from a political or economic theory standpoint.