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I'm constantly shocked by how any mention of blockchains is enough make masses of HNers look like absolute luddites. It's just another datastructure that happen
by tuesdayrain 7y ago
I'm constantly shocked by how any mention of blockchains is enough make masses of HNers look like absolute luddites. It's just another datastructure that happens to have an above-average level of hype surrounding it.
- brokensegue 7y agoBlockchain is not just a data structure. It has an associated political philosophy (ancap) and get rich quick schemes (ICOs/currencies). When NoSQL was big a decade ago nobody thought it would upend society or make everyone millionaires.
- hinkley 7y agoIt’s also one of the dumbest consensus protocols in use. It’s a compromise to get what they wanted out of blockchain but nobody will admit it. Which makes me wonder about the rest of their claims. It’s intellectually dishonest and money is involved. No thank you.
- hinkley 7y agoHi, I maintained code with a Merkle tree before Satoshi picked his pen name. I’m just not impressed by the consensus algorithm. It’s not that I’m a Luddite, it’s that I understand some things about it that others don’t and will be tricked by. In short, I see you all as a little nefarious, with a heap of woo to rival some other boondoggles we’ve recently gotten over.