Why “blockchain” is BS in 4 slides

Post by Fnoord » Sun, Apr 01, 2018, 11:59 PM UTC

kerng wrote: post #115

I read some of the slides, but they are authored from an emotional standpoint, which makes it difficult to follow ideas and conclusions. Statements like "public blockchain security is a lie", are just not useful. If this content is used at Berkley I'm worried for peoples tuition. I'd expect more depth and logical statements for a presentation at a university.

Post by Fnoord » Mon, Apr 02, 2018, 12:02 AM UTC

as300 wrote: post #92

asfgjadfgionoin wrote: post #85

Earlier quoted context omitted.

>There are many uses for blockchain other than as a cryptocurrency. Name one.

Global computer and storage system

Post by lojack » Mon, Apr 02, 2018, 12:19 AM UTC

Fnoord wrote: post #123

as300 wrote: post #92

Earlier quoted context omitted.

Global computer and storage system

Git?

Post by kerng » Mon, Apr 02, 2018, 12:22 AM UTC

Fnoord wrote: post #121

kerng wrote: post #115

I read some of the slides, but they are authored from an emotional standpoint, which makes it difficult to follow ideas and conclusions. Statements like "public blockchain security is a lie", are just not useful. If this content is used at Berkley I'm worried for peoples tuition. I'd expect more depth and logical statements for a presentation at a university.

> Statements like "public blockchain security is a lie", are just not useful. The good news is the statement you quoted was not made. > I'd expect more depth and logical statements for a presentation at a university. The slides contain logic statements, depth, and e.g. historical comparisons. Since there's some character assassination in this thread (how sad): Nicholas Weaver's credentials can be found here [1]. [1]…

Post by Fnoord » Mon, Apr 02, 2018, 12:23 AM UTC

wellboy wrote: post #82

logicallee wrote: post #73

Earlier quoted context omitted.

Kindly elaborate. Which ones? To what extent? What is the state of the art here? This was my only issue with bitcoin when I evaluated it several years ago.

Pretty much all the newer ones, Nano, Iota and Eth probably soon to. There is also a debate to use delegated PoS or a hybrid of PoS and PoW to get both of their upsides with none of tbeir downsides.