The biggest problem with Voatz is that it's selling silicon snake oil to people who can't evaluate claims. It starts with the premise that somehow Blockchain d

The biggest problem with Voatz is that it's selling silicon snake oil to people who can't evaluate claims. It starts with the premise that somehow Blockchain does something magical. That is enables special security. Claims like this are a load of crap. What Bitcoin did, and what hucksters like Voatz are trying to cash in on, was to make it provably difficult to write a public record. In doing so, Bitcoin created provable digital scarcity (subject to certain well-known assumptions) for the first time in human history. Voatz picks out the cryptographic part as if it were somehow separable from the proof of work part. The two are not separable. Voatz, and the fools who are using it, have much bigger problems than "improper use of cryptographic algorithms."