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A comment on IBM has cut its blockchain team down to almost nothing – sources. Parent comment

Re:IBM has cut its blockchain team down to almost nothing – ... by spiderxxxx on Wednesday February 03, 2021 @02:40PM (#26018152)
Immutability of past transactions is just an artifact of an append-only database. Blockchain gives you nothing that an append-only database couldn't provide for that guarantee. Combine that with some server sharding, and there's not really a point to having blockchain do anything at all. The wholly designed inefficiency of "mining coins" is not necessary to having a distributed ledger.
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Re:IBM has cut its blockchain team down to almost nothing – ... by crmd on Thursday February 04, 2021 @12:00PM (#26027229)
You should have heard IBM's blockchain executive (I forget his name) giving his pitch at an investor conference in Palo Alto back in 2017. Standing ovation after an amazing presentation about disrupting banking, healthcare, and global logistics. I swear this industry runs on bullshit.
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