4 ms·

So sick of these companies using blockchain hype to sell what is really just a centralized database.

• eli 7y ago
  This is going to sound like trolling but I don’t think there ARE any blockchain companies who wouldn’t be better off with a centralized database.
  • tuesdayrain 7y ago
    Companies that focus on online gambling, for example, would not be better off with a centralized database. To my knowledge, there used to be no way for someone engaging in online gambling to verify that the game is using honest odds. With Ethereum smart contracts, they can see exactly what code is being executes.
  • ShorsHammer 7y ago
    It's not trolling, seems quite a valid observation. Still, to disagree though: Hashing and storing digital evidence seems like a good use. You can prove without a doubt that a certain picture, video, OS image existed at a certain point in time. Current police methods for digital forensics leave a lot to be desired with regards to this stuff. Chain of custody gets a lot murkier with bits and bytes.