Re:Tell HN: We have a responsibility to speak out against bl...
by littlestymaar on Friday January 28, 2022 @04:50PM
(#30120844)
> I do believe there is value in 'Decentralation' and some other blockchain ideas but all implementations of it thus far as proven not very effective.
The blockchain concept is a very bad fit for almost every kind of decentralization you'd want, because it's basically a linked list with a central clock[1] limiting the number of blocks you can happen (and this is necessary to allow the consensus to converge).
[1] even though it's implemented in a distributed manner, there's still one and only one clock per chain and everyone must take its turn to use of of the precious clock slots.
The blockchain concept is a very bad fit for almost every kind of decentralization you'd want, because it's basically a linked list with a central clock[1] limiting the number of blocks you can happen (and this is necessary to allow the consensus to converge).
[1] even though it's implemented in a distributed manner, there's still one and only one clock per chain and everyone must take its turn to use of of the precious clock slots.