New Kid on the Blockchain

Re:New Kid on the Blockchain by bachback on Monday March 28, 2016 @06:12AM (#11373466)

"they really have solved the problem of creating a generic blockchain which can have anything else built on top of it."

No, actually they haven't. Try and explain how a distributed system should be Turing complete in a scientific paper and you'd notice its not possible. Eventually this will be discovered and this blockchain will implode. The centralised team doesn't even claim that the chain will last - they want to migrate to PoS.

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Re:New Kid on the Blockchain by drdeca on Monday March 28, 2016 @09:36PM (#11378938)

I don't understand what you are saying is impossible about this.

Are you just saying "try it and be really careful about it and you will see that it is impossible"? Because I don't see why that claim should be convincing without, saying why?

(Maybe I missed some other comment of yours?)

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Re:New Kid on the Blockchain by nlightcho on Monday March 28, 2016 @08:03AM (#11373749)

All Turing complete systems used in practice are distributed at some scale so your argument is non-sense.

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Re:New Kid on the Blockchain by bachback on Monday March 28, 2016 @09:34AM (#11374141)

huh? Computers on the Internet don't coordinate like nodes in a P2P blockchain. Bitcoin's script is limited to a simple stack language for a very good reason.

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