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It seems to me one of the few real projects using blockchain technologies in a sensible way. Honestly not sure why it wouldn't use blockchain technologies. Urbi
by garbagetime 6y ago
It seems to me one of the few real projects using blockchain technologies in a sensible way. Honestly not sure why it wouldn't use blockchain technologies. Urbit has been using blockchain tech since before bitcoin or Ethereum existed.
- 3np 6y agoBitcoin precedes Urbit by several years.
- garbagetime 6y ago"The Urbit platform was conceived and first developed in 2002"[1] "Bitcoin (₿) is a cryptocurrency invented in 2008"[2] [1]https://en.wikipedia.org/wiki/Urbit https://en.wikipedia.org/wiki/Urbit [2]https://en.wikipedia.org/wiki/Bitcoin https://en.wikipedia.org/wiki/Bitcoin
- zo1 6y agoHere is from the original article quoted on the Wikipedia page: "Since 2002, Yarvin had been working on an algorithm — the backbone of Urbit, a product that would restructure how people use the internet. In 2013, he launched the San Francisco-based company Tlon, which oversees Urbit." Can't really find any info about when they officially "created" this thing, but color me skeptical when someone says they "worked on blockchain" before blockchain was even invented.
- garbagetime 6y agoI think I was probably just wrong to describe it as a blockchain (sorry about that). It was a different kind of consensus ledger. Here's an article about it: https://urbit.org/blog/why-urbit-probably-does-not-need-a-blockchain/ https://urbit.org/blog/why-urbit-probably-does-not-need-a-bl... I'll revise my position to simply being that of course Urbit needs a consensus ledger, and that blockchain technology is a good solution for that.
- smt88 6y agoGlad that Urbit agrees that they don't need a blockchain. Disappointed that they chose to use one. There are real downsides to using one (currently one of those is speed and another is wasted electricity) and no unique benefits.