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> The solution to this problem becomes more complex with scale. Distributed transactions, sharding, replication, and fault tolerance are notoriously slow. And

> The solution to this problem becomes more complex with scale. Distributed transactions, sharding, replication, and fault tolerance are notoriously slow. And yet, suprisingly (not) they power everything at scale unimaginable to anything happening in crypto. The "amazing scalable crypto" barely manages the complexity and scale you can easily run from a Raspberry Pi with a sqlite database. > We built a cheaper and simpler storage and indexing system from scratch that can scale to the heaviest blockchain workloads out there Translation: you are dumping blockchain data into traditional databases running on traditional servers and backed up by a traditional Elastic Search.

CharlesW 4y ago
> Translation: you are dumping blockchain data into traditional databases running on traditional servers and backed up by a traditional Elastic Search. It's ironic that the solution to blockchain problems is so often re-centralization.
- ChainOfFools 4y ago
  I would go as far as saying that the problem with blockchain is not even blockchain, but in the fokloric narratives around decentralization, which is treated as if it's a binary condition (X is/is not decentralized), rather than as a blind, innate and monotonic behavioral tendency of a network. And that's being generous, because very likely decentralization - in spite of any attempt to implement it - will turn out to have been a mirage all along, and blockchainism thus amounts to our century's version of ever-more-convoluted epicycle "tech" straining to reify a philosophical dead end. It's absurd to claim that something is decentralized when there is always team at the core of this so-called decentralized network whose self-appointed job is to maintain its state of decentralization. I would argue that there is no such thing as any intentionally decentralized anything, and all claims as such should be treated with extreme skepticism. "trust us, it's trustless." The only decentralized phenomena are ones that come to us from the universe itself. And even those can ultimately be traced to an origin so the decentralization is only a local phenomena anyway.
- IanCal 4y ago
  I'm not sure of the larger right term for this but it's worth pointing out this is one of a bunch of different providers all offering the same API to the same public data, and you can create your own with different open source offerings.
  - dmitriid 4y ago
    > I'm not sure of the larger right term for this Scam. Lies and scam. That is the term for it. > one of a bunch of different providers all offering the same API to the same public data It's not the API I object to.

CharlesW 4y ago

> Translation: you are dumping blockchain data into traditional databases running on traditional servers and backed up by a traditional Elastic Search. It's ironic that the solution to blockchain problems is so often re-centralization.

ChainOfFools 4y ago
I would go as far as saying that the problem with blockchain is not even blockchain, but in the fokloric narratives around decentralization, which is treated as if it's a binary condition (X is/is not decentralized), rather than as a blind, innate and monotonic behavioral tendency of a network. And that's being generous, because very likely decentralization - in spite of any attempt to implement it - will turn out to have been a mirage all along, and blockchainism thus amounts to our century's version of ever-more-convoluted epicycle "tech" straining to reify a philosophical dead end. It's absurd to claim that something is decentralized when there is always team at the core of this so-called decentralized network whose self-appointed job is to maintain its state of decentralization. I would argue that there is no such thing as any intentionally decentralized anything, and all claims as such should be treated with extreme skepticism. "trust us, it's trustless." The only decentralized phenomena are ones that come to us from the universe itself. And even those can ultimately be traced to an origin so the decentralization is only a local phenomena anyway.
IanCal 4y ago
I'm not sure of the larger right term for this but it's worth pointing out this is one of a bunch of different providers all offering the same API to the same public data, and you can create your own with different open source offerings.
- dmitriid 4y ago
  > I'm not sure of the larger right term for this Scam. Lies and scam. That is the term for it. > one of a bunch of different providers all offering the same API to the same public data It's not the API I object to.