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This needs to be said more and more. Posted as a reply to every stupid LinkedIn "Blockchain to cure cancer" type post. Everywhere. So maybe we can pass over the

by wpasc 8y ago

This needs to be said more and more. Posted as a reply to every stupid LinkedIn "Blockchain to cure cancer" type post. Everywhere. So maybe we can pass over the hype hump and let blockchain settle into its natural use cases.

darawk 8y ago
It's use isn't solely currency, though. Git is a blockchain, for instance. I do agree that it's overhyped, and a large portion of people trying to use it right now are doing so incorrectly, but it does have a broader use case than currency.
- icebraining 8y ago
  No. Git is a Merkle tree, a concept invented by Ralph Merkle in '79. The blockchain also uses a Merkle tree. Git is not a blockchain.
  - darawk 8y ago
    A merkle tree is a blockchain. If you disagree, do feel free to tell me how you think that they differ.
    - KaiserPro 8y ago
      A Block chain must be write only & resistant to tampering, via global consensus. Git isn't write only, you can rebase. Its can't handle global consensus. You can read other peoples "world" and merge into yours, but it cannot aggregate the consensus and reject "illegitimate" change. You have two choices: "ours" or "theirs"
      - darawk 8y ago
        > A Block chain must be write only Write only? You can't read a blockchain? Does that mean bitcoin isn't a blockchain because of sites like www.blockchain.info ? > & resistant to tampering, via global consensus. Just don't allow pushes, only pull things. Voila, tamper resistance.