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> Blockchain tech isn't 14 years old, it's 30 years old, or even 40 if you want to go back to the '82 paper. Still no world-changing tech has come from it, asid
by garba_dlm 3y ago
> Blockchain tech isn't 14 years old, it's 30 years old, or even 40 if you want to go back to the '82 paper. Still no world-changing tech has come from it, aside from monopoly money.
that's like saying that submarines were invented when Jules Verne wrote about them (i.e. you're wrong)
blockchain technology requires the internet, hence it cannot be older than the internet
- burnte 3y agoThe internet started in the 60s. Even if blockchain needed the internet (it doesn't) the internet was absolutely around in 1982. Even TCP/IP was being used in 1982, becoming the standard across the entire net Jan 1, 1983.
- lyjia 3y agoWhat? No it doesn't. I can download the text from each comment here to put it offline and in a blockchain. All blockchain is is a datastructure, nothing more.
- EVa5I7bHFq9mnYK 3y agoNo, blockchain is a protocol allowing to insert data into that data structure in a decentralized and secure way. Do you know what "block" in blockchain is for? It is there solely for more efficient application of proof of work algorithm. If you appended each transaction to the chain individually, there would be a lot of reorganizations, unneeded network traffic and wasted energy, hence the "block" that clamps thousands of transactions together.
- deleted 3y ago[deleted]
- mrguyorama 3y agoThe internet existed in the 80s. How old are you?