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Blockchain is of course much wider than cryptocurrencies and is the underlying technology. Blockchain is not being outlawed or discouraged, cryptocurrencies are
by sebazzz 8y ago
Blockchain is of course much wider than cryptocurrencies and is the underlying technology. Blockchain is not being outlawed or discouraged, cryptocurrencies are.
The point is that many companies have now a hammer (blockchain) and are seperately searching for a nail to use it with when all they have is screws.
- pdpi 8y ago> Blockchain is of course much wider than cryptocurrencies This is a weird position. In the sense that the concept of a "blockchain" is not tied to cryptocurrencies, they're really just an old, well-understood data structure (e.g. the Git datamodel is fundamentally a blockchain, except generalised from a linked list to a DAG), and it's neither novel nor the focus of the current craze. In the sense of a decentralised distributed system, the only fully decentralised consensus layer I know of (Nakamoto consensus) literally depends on being used to host a cryptocurrency for its security guarantees.
- arisAlexis 8y agowhy are cryptocurrencies outlawed though is a mystery