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Who called the blockchain itself a scam? The claims I've seen have been (1) that the whole ecosystem is overrun with scammers and (2) that the blockchain is be
by icebraining 7y ago
Who called the blockchain itself a scam?
The claims I've seen have been (1) that the whole ecosystem is overrun with scammers and (2) that the blockchain is being ill-used (hence the NIST workflow).
I'd say (2) still applies here - the "blockchain" here is just a distributed database, which already existed before Bitcoin came around. Bitcoin's innovation - combining Merkle Trees with POW - is irrelevant in a network of trusted partners.