Why “blockchain” is BS in 4 slides

Re:Why “blockchain” is BS in 4 slides by dozzie on Sunday April 01, 2018 @03:58PM (#16730107)

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

Well, yes, but most of them (my pet peeve being voting) are as bullshit as cryptocurrency. Do you have an example that is not a bullshit?

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Re:Why “blockchain” is BS in 4 slides by ojr on Sunday April 01, 2018 @04:50PM (#16730364)

online poker will probably move towards blockchain and you can do things to prevent spam when people pay fees, theres virtually no adoption of blockhain tech, things move slower in an open source project so its understandable

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Re:Why “blockchain” is BS in 4 slides by dozzie on Sunday April 01, 2018 @05:17PM (#16730485)

I don't know a thing about poker, so I'll take it at a face value, but the spam prevention idea is bullshit. It's not new, it wasn't new even twenty years ago, from what I remember. It wouldn't fly back then, and nothing substantial changed since then.

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Re:Why “blockchain” is BS in 4 slides by kthejoker2 on Sunday April 01, 2018 @05:34PM (#16730576)

Can you point me to some papers, books, etc to support this claim? Trying to understand the "block chain is BS" side of the argument, I'm fairly neutral but I rarely see any technical arguments against the concept.

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Re:Why “blockchain” is BS in 4 slides by paulgb on Sunday April 01, 2018 @07:52PM (#16731248)

See Hashcash, which long predates the blockchain.

https://en.wikipedia.org/wiki/Hashcash

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