Re:Why blockchain is not yet working (2018)
by oblio on Sunday February 14, 2021 @11:17AM
(#26133556)
Blockchain is like NoSQL.
NoSQL was a nice buzzword to bunch up web caches and log processing tools for analytics, especially for the creepy-spying-ads corps.
The blockchain niches seem to be much, much smaller than what it's sold for. Once the dust settles (~5 years from now) it's likely that not much will be left behind an all this money spent on it will have been wasted.
Heck, NoSQL databases have wider applicability than blockchain and few people consider them a major technological revolution, let alone a social or economical one.
NoSQL was a nice buzzword to bunch up web caches and log processing tools for analytics, especially for the creepy-spying-ads corps.
The blockchain niches seem to be much, much smaller than what it's sold for. Once the dust settles (~5 years from now) it's likely that not much will be left behind an all this money spent on it will have been wasted.
Heck, NoSQL databases have wider applicability than blockchain and few people consider them a major technological revolution, let alone a social or economical one.