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AWS and Blockchain

tbray.org

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Re: AWS and Blockchain

#2
For whatever reason, SMS operators in India rely on blockchain to validate SMS templates and customer’s do-not-disturb settings.

For a sense of scale, SMS is a 12.5 billion dollar business in India.

Re: AWS and Blockchain

#3
It's interesting to read how much research tbray did on crypto back then. Definitely doesn't seem like new entrants today were doing the same level of diligence, on average.

Re: AWS and Blockchain

#4
post #3

It's interesting to read how much research tbray did on crypto back then. Definitely doesn't seem like new entrants today were doing the same level of diligence, on average.

No post body was provided.

Re: AWS and Blockchain

#5
post #3

It's interesting to read how much research tbray did on crypto back then. Definitely doesn't seem like new entrants today were doing the same level of diligence, on average.

Yes I didn't see a single .com name a stadium or bowl game or have most of the super bowl ads in 1999 at all, none at all. Oh wait yes I did, literally every superbowl ad was a dot com right before the .com bust. https://www.cnbc.com/2010/01/20/The-Stadium-Curse:-Naming-De... puts a nice writeup of all the comapnies that went under after naming stadiums, there's quite a few from the .com bust. Aah WorldCom how I miss thee. Pets.com as well.

Re: AWS and Blockchain

#8
I believe that putting the equal sign between a blockchain and a database is fundamentally wrong. I also think that a lot of "cryptos" were just get rich quick schemes. After the dust settles we will see if blockchain is really useful or not.

Re: AWS and Blockchain

#9
post #8

I believe that putting the equal sign between a blockchain and a database is fundamentally wrong. I also think that a lot of "cryptos" were just get rich quick schemes. After the dust settles we will see if blockchain is really useful or not.

In your opinion how long is it before the dust will settle?

IMHO, the dust has already settled and been washed away by the rain water..

Re: AWS and Blockchain

#10
> He named a region in Asia and explained that the small farmers there mark their landholdings carefully, but then the annual floods sometimes wash the markers away. Then unscrupulous larger landowners use the absence of markers to cut away at the smallholdings of the poorest. “But if the boundary markers were on the blockchain,” he said, “they wouldn’t be able to do that, would they?”

The developed world is distinguished from the developing world often by the strength of its institutions, by the general accessibility of legal recourse, by the prevalence of trust within the society at large.

Many places in the world have none of those things. Weak institutions, corrupt legal systems, and low levels of trust undermine development and prevent people from building and maintaining wealth for themselves and their families.

For me, the promise of the blockchain is that it can provide a technological framework upon which to build new kinds of institutions—institutions that function as alternatives to the institutions that we all take for granted here in the first world.

Is a smart contract better than a written contract? Maybe it is, if there is no well-functioning judiciary to adjudicate contractual disputes. Is a cryptocurrency better than a national currency? Perhaps, if your national currency is subject to hyperinflation. Is an NFT representing property ownership better than property title registered with a state agency? Yes it is, if the state agency can be bribed to alter or lose records that are inconvenient to large land owners.

It's important to remember that what might seem redundant or useless to those of us who reside in the first world may not be redundant or useless to those who live elsewhere.

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