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Claiming a technology is not a silver bullet is a statement that contains no useful information, because no technology is a silver bullet. However, blockchains
by gfodor 5y ago
Claiming a technology is not a silver bullet is a statement that contains no useful information, because no technology is a silver bullet. However, blockchains do provide a very high level of durability across various dimensions, and some integrity failures reduce onto durability failures.
- throwaway82652 5y agoYes but so does any other distributed consensus algorithm. Blockchains just happen to be based on the worst ones that don't have any good properties but still keep all of the bad ones.
- gfodor 5y agoYes, but blockchains were first. If your point is that we should evolve to newer, better solutions sure. But I'm guessing you're arguing something else. https://www.youtube.com/watch?v=s_T0oq_rQ9s#t=9m8s https://www.youtube.com/watch?v=s_T0oq_rQ9s#t=9m8s
- throwaway82652 5y agoNo they weren't, byzantine fault tolerance has been studied since the 70s.