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I had a good old rant about that previously: https://davidgerard.co.uk/blockchain/2018/06/28/ibm-the-gdpr-and-blockchain-whatever-that-word-specifically-means/
by davidgerard 8y ago
I had a good old rant about that previously: https://davidgerard.co.uk/blockchain/2018/06/28/ibm-the-gdpr-and-blockchain-whatever-that-word-specifically-means/ https://davidgerard.co.uk/blockchain/2018/06/28/ibm-the-gdpr...
You might come up with a reasonable definition, like "append-only ledger with a consensus mechanism" - but in marketing terms, "blockchain" literally only means "whatever I'm trying to sell you today."
And then there's weasel terms like "blockchain technology", which means "I can't even claim this thing is actually even a blockchain, but it's got a few of the same parts."
- tuesdayrain 8y agoI don't think it's fair or relevant to talk about hypothetical marketing definitions of a blockchain here. You wouldn't be discussing the merits of a linked list by mentioning the creative descriptions marketers can come up for it.
- davidgerard 8y agoI think it's entirely fair to discuss the marketing of a linked list when they keep calling it "blockchain" and assigning nigh-magical properties to it, which is what is happening here.