4 ms·

The article misquotes Steam’s rules. Here is what Steam says: > Applications built on blockchain technology that issue or allow exchange of cryptocurrencies or

The article misquotes Steam’s rules. Here is what Steam says: > Applications built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs. And the article: > Games that use blockchain technology or let users exchange NFTs or cryptocurrencies won’t be allowed on Steam … The problem isn’t the blockchain, it’s blockchain-based cryptocurrencies and NFTs. Granted, I don’t know why you’d use a blockchain in a video game other than cryptocurrency or NFT reasons. But it’s unfortunate that “blockchain” is apparently synonymous with proof of work cryptocurrencies and NFTs.

_Understated_ 5y ago
> But it’s unfortunate that “blockchain” is apparently synonymous with proof of work cryptocurrencies and NFTs. I usually put stuff like that down to either lazy writing or just the wrong/badly skilled writer. It's the same as MSM portraying hackers wearing hoodies!
floatboth 5y ago
> it’s unfortunate that “blockchain” is apparently synonymous with proof of work cryptocurrencies and NFTs What else would it mean? Supposedly "trustless" consensus systems is what all the "blockchain" hype is about. (And those are only useful for censorship-resistant money. For literally everything else you don't need them and they don't even work.) If you were to just talk about merkle trees / hash chains or anything else that's literally "chaining blocks"… well that doesn't need a buzzword. That's not new technology.
- barsonme 5y ago
  A blockchain is "just" a fancy hash chain, or a hash chain with rules. Take your pick. Blockchains provide a cryptographic ordering of events, or cryptographically agreed upon state, which is a useful property. It's certainly not as world-changing as a lot of blockchain-enthusiast-cryptocurrency-bros think, but it's not "only useful for censorship-resistant money." Which is why I think it's a shame that blockchain has become synonymous with proof of work cryptocurrency scams.

_Understated_ 5y ago

> But it’s unfortunate that “blockchain” is apparently synonymous with proof of work cryptocurrencies and NFTs. I usually put stuff like that down to either lazy writing or just the wrong/badly skilled writer. It's the same as MSM portraying hackers wearing hoodies!

floatboth 5y ago

> it’s unfortunate that “blockchain” is apparently synonymous with proof of work cryptocurrencies and NFTs What else would it mean? Supposedly "trustless" consensus systems is what all the "blockchain" hype is about. (And those are only useful for censorship-resistant money. For literally everything else you don't need them and they don't even work.) If you were to just talk about merkle trees / hash chains or anything else that's literally "chaining blocks"… well that doesn't need a buzzword. That's not new technology.

barsonme 5y ago
A blockchain is "just" a fancy hash chain, or a hash chain with rules. Take your pick. Blockchains provide a cryptographic ordering of events, or cryptographically agreed upon state, which is a useful property. It's certainly not as world-changing as a lot of blockchain-enthusiast-cryptocurrency-bros think, but it's not "only useful for censorship-resistant money." Which is why I think it's a shame that blockchain has become synonymous with proof of work cryptocurrency scams.