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‘Blockchain’ is meaningless

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91–100 of 108 posts

Re: ‘Blockchain’ is meaningless

#91
post #88

Earlier quoted context omitted.

> Blockchain is a distributed ledger that guarantees consensus without any central party Except not even Blockchain guarantees consensus. If that was true we wouldn't see the hundreds of bitcoin forks. Let's not even forget Ethereum and Ethereum Classic. The "consensus" for ethereum was provided largely a few whales. Blockchain doesn't guarantee consensus at all. > It has many other properties, like making the transa…

> Except not even Blockchain guarantees consensus. If that was true we wouldn't see the hundreds of bitcoin forks. Let's not even forget Ethereum and Ethereum Classic. You are deliberately torturing the word consensus just to make a straw man argument against crypto. The original Bitcoin block chain exists and everyone agrees where it is and how long it is. The fact that someone can create a copy and tinker with it w…

> You are deliberately torturing the word consensus just to make a straw man argument against crypto.

It is hardly a straw man. Which Bitcoin blockchain fork is the "original" blockchain? Which one is the real Ethereum blockchain?

Re: ‘Blockchain’ is meaningless

#92
post #53
post #49

Earlier quoted context omitted.

The meaning of words change when the rest of humanity takes it for their own. Claiming "crypto are not crypto" will just leave you behind as the guy with his fist in the air cursing the world. Nuclear. Hacker. Patriot. Rubber. The audience matters. Besides, I doubt that any cryptanalyst would mind writing out cryptography any more than they'd mind writing out TLS_ECDHE_RSA_WITH_AES_128_GCM_SHA256.

I'm stating crypto is cryptography. There's not multiple cryptographies as far as I'm aware so 'crypto are' doesn't make sense. And yes, words change over time, but in that case I can just refer to (all) cryptocurrency as 'Bitcoin' since that's the common definition. In fact it's far more popular to refer to cryptocurrency as Bitcoin than it is to call that 'crypto'. Short version: this one isn't settled yet. How did…

Nuclear was a branch of physics, then became a weapon, then became a US senate procedural change "going nuclear". Patriot was an anti-government rebel, then a pro-government supporter, then a missile, then an act to boost government and corporate controls within digital content, and sometimes an American football player. Rubber was a tree, then a commodity, then a condom. "A rubber".

Re: ‘Blockchain’ is meaningless

#93
post #88

Earlier quoted context omitted.

> Except not even Blockchain guarantees consensus. If that was true we wouldn't see the hundreds of bitcoin forks. Let's not even forget Ethereum and Ethereum Classic. You are deliberately torturing the word consensus just to make a straw man argument against crypto. The original Bitcoin block chain exists and everyone agrees where it is and how long it is. The fact that someone can create a copy and tinker with it w…

> You are deliberately torturing the word consensus just to make a straw man argument against crypto. It is hardly a straw man. Which Bitcoin blockchain fork is the "original" blockchain? Which one is the real Ethereum blockchain?

The one listed as "Bitcoin" and "Ethereum" on exchanges for sale. It's pretty unambiguous.

Re: ‘Blockchain’ is meaningless

#94
post #15

Earlier quoted context omitted.

And just as AI is being overused to solve problems, so too is the "blockchain", inevitably making users lives worse in the long run.

> AI is being overused double-checks URL bar to make sure he is still on HN Downvote me all you want but I think the tech sector is currently suffering a veritable Machine Learning craze.

Give you the benefit of the doubt and assume that last bit was sarcasm?

Re: ‘Blockchain’ is meaningless

#95
post #8

Cryptocurrency, welcome to AI's long nightmare. AI has forever had buzzword-complaint terms. Consider "Agent", which describes a very specific thing (namely autonomy), but that didn't stop everyone and their dog outside the field from calling their software a "database agent" or a "compiler agent" or whatnot, equating "agent" with "program". Indeed there's an entire non-AI field called "Agent Based Modeling" -- of wh…

> Consider "Agent", which describes a very specific thing (namely autonomy), but that didn't stop everyone and their dog outside the field from calling their software a "database agent" or a "compiler agent" or whatnot, equating "agent" with "program". Actually, the only problem illustrated in your complaint is that you are unaware of the meaning of the word "agent". https://en.oxforddictionaries.com/definition/agent…

> you are unaware of the meaning of the word "agent".

Imagine that! Could it be possible that as a native English speaker, I am entirely unaware that "agent" means something different in general English usage? :-)

Look, AI has a specific coined usage of the term. The outer computer science mis-usage is not derived from the traditional English meanings of agent at all, but rather is very intentionally derived from the AI usage to take advantage of its buzz. I'm sure you can appreciate the difference between coinage and intentional misappropriation.

Re: ‘Blockchain’ is meaningless

#96
post #8

Cryptocurrency, welcome to AI's long nightmare. AI has forever had buzzword-complaint terms. Consider "Agent", which describes a very specific thing (namely autonomy), but that didn't stop everyone and their dog outside the field from calling their software a "database agent" or a "compiler agent" or whatnot, equating "agent" with "program". Indeed there's an entire non-AI field called "Agent Based Modeling" -- of wh…

AI has had more than one winter, you know.

[deleted]

Re: ‘Blockchain’ is meaningless

#97
post #92
post #53

Earlier quoted context omitted.

I'm stating crypto is cryptography. There's not multiple cryptographies as far as I'm aware so 'crypto are' doesn't make sense. And yes, words change over time, but in that case I can just refer to (all) cryptocurrency as 'Bitcoin' since that's the common definition. In fact it's far more popular to refer to cryptocurrency as Bitcoin than it is to call that 'crypto'. Short version: this one isn't settled yet. How did…

Nuclear was a branch of physics, then became a weapon, then became a US senate procedural change "going nuclear". Patriot was an anti-government rebel, then a pro-government supporter, then a missile, then an act to boost government and corporate controls within digital content, and sometimes an American football player. Rubber was a tree, then a commodity, then a condom. "A rubber".

Nuclear still means to do with nuclear energy: it being used as a simile doesn't change that meaning.

'patriot' means someone who stands for what is perceived to be American values. A missile being named after it doesn't change that.

Rubber is more interesting and perhaps a better comparison 'are you wearing a rubber?' during sex or 'when the rubber hits the road' in a speech, or 'do you have a rubber' during an exam.

So lets let's say someone says they 'specialise in rubber': it seems reasonable to believe they mean the material: they don't mean condoms or tyres or erasers.

Re: ‘Blockchain’ is meaningless

#99

Anyone remember newsweek title "Internet? bah" around 1995?

The internet is a communication platform that allows to send messages and share files from millions/billions of machines in a global network. A simple definition that explains it's capabilities, something blockchain lacks.

Re: ‘Blockchain’ is meaningless

#100
post #99

Anyone remember newsweek title "Internet? bah" around 1995?

The internet is a communication platform that allows to send messages and share files from millions/billions of machines in a global network. A simple definition that explains it's capabilities, something blockchain lacks.

a blockchain is an immutable ledger that keeps transactions transparent and untampered. can be used for all money transactions and also for asset ownership and log transparency by governents.

It is very simple.

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