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Blockchain at Berkeley

blockchain.berkeley.edu

61–63 of 63 posts

Re: Blockchain at Berkeley

#61

I think blockchain technologies have the potential to disrupt whole industries and I'm glad to see that students at world renowned universities are backing it up. There's a student group from MIT that works on something mysterious related to litecoin: http://litecoin.mit.edu

Sounds to me like an easy way to pump the price of LTC by using their university's name and creating hype.

Re: Blockchain at Berkeley

#63

'Blockchain' is literally the least interesting part of cryptocurrencies and their applications. its a boring flat file structure that is an artifact of needing many clients independently deriving a shared ledger, nothing more and nothing less. the interesting part is how you can bootstrap issuance of a new asset by incentivizing participants to assist in maintaining a specified computer network in exchange for crypt…

Well, that is your opinion. I personally think that all public cryptocurrencies are eventually worth precisely zero because of the of the nature of probabilistic data loss due to hardware failure or otherwise, and the only thing holding them up is the honeymoon phase of the mining gold rushes. Blockchain (and associated distributed consensus systems) is interesting, though, for no-trust distributed workflows.

The whole "cryptocurrencies are lame, but blockchain is worthwhile" argument is so dumb. Any blockchain could be used as cryptocurrency or a distributed consensus system
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