Comment on Please Stop

AVincentInSpace@pawb.social ⁨3⁩ ⁨months⁩ ago

• zaphod@lemmy.ca ⁨3⁩ ⁨months⁩ ago

  Did you seriously not read the conclusion?

  This author believes it is technologically indefensible to call Fossil a “blockchain” in any sense likely to be understood by a majority of those you’re communicating with. Using a term in a nonstandard way just because you can defend it means you’ve failed any goal that requires clear communication. The people you’re communicating your ideas to must have the same concept of the terms you use.

  (Emphasis mine)

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  • magic_lobster_party@kbin.run ⁨3⁩ ⁨months⁩ ago

    To expand further, a blockchain requires some kind of distributed consensus. If you have two versions of the same blockchain, there must be a way to figure out which one of these is the one everybody else is following. In Bitcoin this is achieved with proof of work (i.e the version of the chain that has wasted most electricity).

    If you don’t have distributed consensus, then you just have a git repo.

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• nexguy@lemmy.world ⁨3⁩ ⁨months⁩ ago

  No no ANY possible application using blockchain tech HAS to be bad.

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  • Pizza_Rat@lemmy.world ⁨3⁩ ⁨months⁩ ago

    Can you name another technology that has such a high hype to delivered value ratio?

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    • nexguy@lemmy.world ⁨3⁩ ⁨months⁩ ago

      Triple A games VR goggles Bose Speakers 3D movies in theaters Fidget spinners Russian Military Blue Origin Rockets

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    • nexguy@lemmy.world ⁨3⁩ ⁨months⁩ ago

      Just wanted to point out real world application for blockchain currently in use. IBM Blockchain is used by Cigna Healthcare, HSBC, Kroger…etc. It’s all extremely boring stuff so no one ever talks about it.

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