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“Ledger” was just the first app we worked out how to do as a blockchain. There will be more, but the design process is hard. The reason Ledger was cracked firs

“Ledger” was just the first app we worked out how to do as a blockchain. There will be more, but the design process is hard. The reason Ledger was cracked first is because ledgers are pretty simple. Saying blockchain is “just a ledger” is like saying the web is “just a bunch of nerds uploading documents about their hobbies”. That’s where it started but after many years we learned to solve other problems with the same ideas.

jf- 8y ago
Anything that can be asserted without evidence can be dismissed without evidence.
- erikpukinskis 8y ago
  Claim: Many games can be implemented as a blockchain Evidence: Ledgers have been implemented as a blockchain There you go. Now the burden is on you to provide evidence that it’s impossible for any game other than a ledger to be implemented as a blockchain.
  - jf- 8y ago
    Wow. I'm sorry to be snarky but if this level of reasoning is representative of the cryptocurrency community then there's a reason it's failing.
    - erikpukinskis 8y ago
      :( That’s pretty mean. I tried to engage your criticism in good faith, and you’re treating me like I’m too dumb to even talk to. Feels bad.
      - jf- 8y ago
        Sorry, but I don’t think I can engage meaningfully if you expect me to prove a negative for the claim that you are making. That’s either a logical error or an attempt to make me do all the work, and the ‘claim’ ‘evidence’ part of your post doesn’t make sense.
spookthesunset 8y ago
Your argument doesn't even make sense. The blockchain is just a ledger. A really inefficient one, at that. It has to be inefficient because otherwise it loses all the attributes that make it desirable to certain markets. Take that inefficiency and you lose all that "trustless" "byzantine generals whatever" crap and you are left with git or hell, a real database. Face it. Blockchain is going nowhere. It was stillborn the day it was created. It's had 10 years and nothing about it has fundamentally changed (as many bitcoin advocates love to point out as if it was a positive thing). Normal people who say "yeah, blockchain might have a use" are just being polite. They don't want to state the obvious. Beyond its current use case as a magnet for scams, fraud, pump & dumps and get rich quick schemes there is no use for the blockchain at all.
- stale2002 8y ago
  > It's had 10 years and nothing about it has fundamentally changed The usecase is censorship resistant financial transactions. It is working right now, for people in Venezuela, for example. It is working for people who are attempting to make financial transactions, across the world, quickly and cheaply. Tell me a better way to make censorship resistant financial transactions, over the internet, if you think this is useless.
manigandham 8y ago
A blockchain, by definition, is a chain of blocks cryptographically proven to be in a certain order, and only appended to or over-written by a majority vote. A ledger is all it is, not an "app".

jf- 8y ago

Anything that can be asserted without evidence can be dismissed without evidence.

erikpukinskis 8y ago
Claim: Many games can be implemented as a blockchain Evidence: Ledgers have been implemented as a blockchain There you go. Now the burden is on you to provide evidence that it’s impossible for any game other than a ledger to be implemented as a blockchain.
- jf- 8y ago
  Wow. I'm sorry to be snarky but if this level of reasoning is representative of the cryptocurrency community then there's a reason it's failing.
  - erikpukinskis 8y ago
    :( That’s pretty mean. I tried to engage your criticism in good faith, and you’re treating me like I’m too dumb to even talk to. Feels bad.
    - jf- 8y ago
      Sorry, but I don’t think I can engage meaningfully if you expect me to prove a negative for the claim that you are making. That’s either a logical error or an attempt to make me do all the work, and the ‘claim’ ‘evidence’ part of your post doesn’t make sense.

spookthesunset 8y ago

Your argument doesn't even make sense. The blockchain is just a ledger. A really inefficient one, at that. It has to be inefficient because otherwise it loses all the attributes that make it desirable to certain markets. Take that inefficiency and you lose all that "trustless" "byzantine generals whatever" crap and you are left with git or hell, a real database. Face it. Blockchain is going nowhere. It was stillborn the day it was created. It's had 10 years and nothing about it has fundamentally changed (as many bitcoin advocates love to point out as if it was a positive thing). Normal people who say "yeah, blockchain might have a use" are just being polite. They don't want to state the obvious. Beyond its current use case as a magnet for scams, fraud, pump & dumps and get rich quick schemes there is no use for the blockchain at all.

stale2002 8y ago
> It's had 10 years and nothing about it has fundamentally changed The usecase is censorship resistant financial transactions. It is working right now, for people in Venezuela, for example. It is working for people who are attempting to make financial transactions, across the world, quickly and cheaply. Tell me a better way to make censorship resistant financial transactions, over the internet, if you think this is useless.

manigandham 8y ago

A blockchain, by definition, is a chain of blocks cryptographically proven to be in a certain order, and only appended to or over-written by a majority vote. A ledger is all it is, not an "app".