“There has been a lot of talk in the past few years about blockchains, which are heavily hyped but poorly understood. Blockchains are networks of physical compu

“There has been a lot of talk in the past few years about blockchains, which are heavily hyped but poorly understood. Blockchains are networks of physical computers that work together in concert to form a single virtual computer.” I mean, how could anyone be confused when you yourself are actively fudging the meaning in the immediate next sentence? The rest of the paragraph is worse. Embarrassingly bad, but par for the course from a16z.