Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake
by spookthesunset on Sunday December 09, 2018 @01:21PM
(#18642333)
Actually solar panels and distributed grids make a lot of sense and what was holding them back was the state of the technology. Unlike the blockchain, which is fundamentally broken for 99.999% of all use cases, distributed power grids could actually work with the right engineering.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake
by gurumeditations on Sunday December 09, 2018 @02:37PM
(#18642779)
I know they sound really cool. I’m saying that it’s illogical to do so in the real world. Centralization is almost always cheaper, faster, and stronger.
Re:Crypto Market Crash Leaving Bankrupt Startups in Its Wake
by Nasrudith on Sunday December 09, 2018 @03:10PM
(#18642976)
They still have a place as a 'competitor of last resort' to force reasonability on centralized powers. They would essentially do to power what satellite dishes did to cable - and that was just another centralized power!
Sure satellite dishes are worse in latency and cost than running a cable but if the cable gets too unreasonable in comparison you can tell them to get bent and switch to satellite.
Blockchains don’t have that simple path of development. They fundamentally don’t make practical sense compared to centralized services. There’s a reason that everyone gets their power from a small number of centralized power plants instead of everyone throwing a few solar panels on their roof and trading their power on the marketplace to create a decentralized power grid. It sounds really cool but it’s just wildly illogical in the real world. That’s blockchain.