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Totally agree that block chain technology is very interesting and I think valuable. I think that particular block chains will gain value as they begin to underp
by sgt101 12y ago
Totally agree that block chain technology is very interesting and I think valuable. I think that particular block chains will gain value as they begin to underpin particular applications, but of course if the value of a block chain becomes an impediment to the application the users may disrupt that application and move to new blockchains.
For my education could you expand on your thoughts around "The point is, there's no analog to the digital nature of placing a conversion value based on the bits of a certain integer value stored in a distributed blockchain". I think that you are making an interesting point here but I haven't quite grasped it so am intrigued.
- XorNot 12y agoI think there's a lot being said about blockchains because of Bitcoin, but other then Bitcoin I haven't seen any appreciable or desirable uses of them. At the end of the day, you're spending a lot of power and CPU cycles on something very transient. EDIT: This is distinct from various toy applications of the "you could do this with a blockchain..."