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Blockchain has a zinger name, but it's useless when real-world applications are in play. It is slow and energy inefficient. Considering that it got "reset" by t
by papito 6y ago
Blockchain has a zinger name, but it's useless when real-world applications are in play. It is slow and energy inefficient. Considering that it got "reset" by the owners once after a divergence, it's not that "decentralized". It has a group that controls it.
Secondly, it's definitely not secure in the sense that is advertised. Aside from regular social engineering and old-school hacks to get people's tokens, governments have been successful in tracing transections in investigations. That's how SilkRoad got got, and recently Japan did it as well.
- Acrobatic_Road 6y agoDon't opine about things you don't understand. Its not necessarily slow, energy inefficient or trackable. There are solutions to all if these problems which are available today.
- drewblaisdell 6y ago> governments have been successful in tracing transections in investigations. That's how SilkRoad got got Tracing transactions on the BTC public ledger did not lead to the downfall of the Silk Road.