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Re:Why “blockchain” is BS in 4 slides by dozzie on Sunday April 01, 2018 @05:45PM (#16730634)
This is very much not what distributed consensus is. You don't "work on the same hard math problem" and you don't get "a reward to encourage further problem solving". Consensus is agreeing on a value among (almost) all protocol participants, and "distributed consensus" is proper technical term, not a vague definition by hand waving like "object oriented programming". Read about Byzantine Generals problem first.
Re:Why “blockchain” is BS in 4 slides by ilovecars2 on Sunday April 01, 2018 @06:13PM (#16730815)
Could one look at it more like viewstamped replication rather than traditional consensus?
Re:Why “blockchain” is BS in 4 slides by kthejoker2 on Tuesday April 03, 2018 @10:15AM (#16744784)
Thanks for everything except the condescension!
Re:Why “blockchain” is BS in 4 slides by dozzie on Tuesday April 03, 2018 @04:38PM (#16748885)
Dude, you come to a discussion without knowing the basic concepts. What exactly did you expect?