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_Well known tech guy thinks blockchain is dumb because he can’t see its value for a private company._ There’s nothing new here. No, a blockchain isn’t a good r
by unboxingelf 4y ago
_Well known tech guy thinks blockchain is dumb because he can’t see its value for a private company._
There’s nothing new here. No, a blockchain isn’t a good replacement for a traditional database. It’s a distributed append only database built on zero trust. It’s extremely inefficient. Very few problems require that solution, especially one where a single party would be running all the nodes.
- aserafini 4y agoIndeed, I expect the ONLY application where this combination of requirements makes sense is.. a global currency.