Tell HN: We have a responsibility to speak out against blockchain technologies

Re:Tell HN: We have a responsibility to speak out against bl... by blunte on Friday January 28, 2022 @07:54PM (#30122603)

> the entire scope of these technologies is promoting fraud, scams, and Greater Fool schemes

With this statement the author shows bias and a lack of serious interest in discussion.

Indeed most cryptocurrency projects are frankly illegitimate, but certainly not all.

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Re:Tell HN: We have a responsibility to speak out against bl... by slater on Friday January 28, 2022 @08:04PM (#30122674)

Which are which?

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Re:Tell HN: We have a responsibility to speak out against bl... by kayamon on Saturday January 29, 2022 @02:14AM (#30124459)

Bitcoin is the only legit blockchain. You don't have to take my word for it; he proved it in the paper. The blockchain with the longest proof-of-work is always the real one, given multiple competing blockchains. All other cryptos are attempting (and failing) to do a 51% attack on Bitcoin's preexisting longer blockchain.

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Re:Tell HN: We have a responsibility to speak out against bl... by blunte on Friday January 28, 2022 @09:14PM (#30123105)

Therein lies the challenge.

As far as blockchains themselves, I feel that Algorand is a very legitimate serious project. There are others, like Harmony, but with both projects you can have scam coins built on top of them.

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Re:Tell HN: We have a responsibility to speak out against bl... by scrubs on Saturday January 29, 2022 @10:16PM (#30133540)

Yah, which? And why?

A needlessly open ended statement when multiplied by -1 yields the same nonsense just with a different sign. Right?

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