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A comment on Ask HN: Am I going insane or is there genuinely no value in blockchain tech?. Parent comment

Re:Ask HN: Am I going insane or is there genuinely no value ... by throw0101a on Saturday April 23, 2022 @08:18AM (#31133643)
> The sole purpose of blockchain is to prevent double spending without a trusted party

NIST's Blockchain Technology Overview is really good explainer:

* https://csrc.nist.gov/publications/detail/nistir/8202/final

See especially Figure 6 ("p. 42", 53 of the PDF), which is a flow chart to help you decide on whether blockchain matches one's use case. Extracted:

* https://imgur.com/a/RlUj9Ed

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Re:Ask HN: Am I going insane or is there genuinely no value ... by geoduck14 on Saturday April 23, 2022 @08:34AM (#31133729)
I love it:

Do you need <something you almost certainly don't need>? No -> consider DATABASE

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Re:Ask HN: Am I going insane or is there genuinely no value ... by nsotelo on Saturday April 23, 2022 @08:43AM (#31133784)
Future historians will laugh and cry knowing we invested trillions and boiled the oceans for the sake of a useless append-only log.
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Re:Ask HN: Am I going insane or is there genuinely no value ... by smitty1e on Saturday April 23, 2022 @08:53AM (#31133831)
It was shiny.
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