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Indeed. And more to the point blockchain doesn't do a damm thing to improve trust. If someone in step three tosses the carrots out the window and uses a differe

by CPLX 8y ago

Indeed. And more to the point blockchain doesn't do a damm thing to improve trust. If someone in step three tosses the carrots out the window and uses a different batch the blockchain isn't going to get that information. The blockchain in this example doesn't add or reduce trust at all it's just a time stamped database of stuff people said. We have those already.

dd36 8y ago
Bingo. I still don’t follow how blockchain solves current problems. If the problem in your country is a lack of good record keeping, that’s not a technological problem. It’s a political problem. Cheap solutions have existed for centuries. The real question is why haven’t they been adopted? Why would those in power allow blockchain to be adopted but not existing technologies?
- plorkyeran 8y ago
  In most cases it seems that the existing technologies have been adopted and the people advocating for blockchain-based solutions just aren't aware that it's a solved problem.
  - dd36 8y ago
    I completely agree. It's naiveté. Technically, my local county recorder's office is a blockchain that has existed for centuries. It's cheap, reliable, correctable, enforceable, etc. It has all of the features without the downside.
narrator 8y ago
People lying has always been a problem with grand internet visions. Remember the semantic web? It never went anywhere because people lie in metadata. There would have to be some sort of reputation system for participants, but with that comes an independent adjudication system to determine who is telling the truth. This brings back centralization. I was talking with some people I know who work on HyperLedger, which is really lightweight blockchain stuff connected to the Linux foundation, and they say the most used blockchain is the one used for tracking where diamonds came from. I guess they are unique enough, or identifiable enough that they can't be easily replaced by diamonds that came from outside the system.

by CPLX 8y ago

dd36 8y ago

Bingo. I still don’t follow how blockchain solves current problems. If the problem in your country is a lack of good record keeping, that’s not a technological problem. It’s a political problem. Cheap solutions have existed for centuries. The real question is why haven’t they been adopted? Why would those in power allow blockchain to be adopted but not existing technologies?

plorkyeran 8y ago
In most cases it seems that the existing technologies have been adopted and the people advocating for blockchain-based solutions just aren't aware that it's a solved problem.
- dd36 8y ago
  I completely agree. It's naiveté. Technically, my local county recorder's office is a blockchain that has existed for centuries. It's cheap, reliable, correctable, enforceable, etc. It has all of the features without the downside.

narrator 8y ago

People lying has always been a problem with grand internet visions. Remember the semantic web? It never went anywhere because people lie in metadata. There would have to be some sort of reputation system for participants, but with that comes an independent adjudication system to determine who is telling the truth. This brings back centralization. I was talking with some people I know who work on HyperLedger, which is really lightweight blockchain stuff connected to the Linux foundation, and they say the most used blockchain is the one used for tracking where diamonds came from. I guess they are unique enough, or identifiable enough that they can't be easily replaced by diamonds that came from outside the system.