News for hackers. Stuff that matters.
Re:Blockchain Is Dangerous Nonsense by karxxm on Thursday April 28, 2022 @05:03AM (#31190239)
> The idea to get rid of having to trust centralized organizations might sound tempting, but it doesn’t work: Blockchains don’t get rid of “trust”, they just change, who has to be trusted.

What if a group of trusted organizations run a blockchain together?

Re:Blockchain Is Dangerous Nonsense by mnd999 on Thursday April 28, 2022 @05:09AM (#31190269)
Plenty of people trying to sell private blockchain snake-oil for precisely that purpose. It’s all rubbish, just use a database.
Re:Blockchain Is Dangerous Nonsense by dbrgn on Thursday April 28, 2022 @05:40AM (#31190502)
Certificate transparency is a permissioned blockchain (a merkle hash tree), ran by a group of trusted organizations and observed by third party monitors ("validators"). Your browser probably queried that blockchain when you opened hackernews.
Re:Blockchain Is Dangerous Nonsense by tsimionescu on Thursday April 28, 2022 @07:18AM (#31191162)
It's a Merkle hash tree.

You can call that a blockchain if you want, but we already have a much older and more specific term for it: Merkle hash tree.

Re:Blockchain Is Dangerous Nonsense by dbrgn on Thursday April 28, 2022 @07:39AM (#31191307)
Sure, I just wanted to point out that building merkle hash trees, or blockchains, or whatever you want to call it, isn't "all rubbish". There are some valid use cases.
Re:Blockchain Is Dangerous Nonsense by tsimionescu on Thursday April 28, 2022 @08:06AM (#31191506)
My point was that people who talk about blockchain typically refer to something other than a Merkle hash tree - they refer to a hash tree plus some consensus mechanism for trustless addition. I don't know of a term other than "blockchain" that can be used to refer to this concept.
Re:Blockchain Is Dangerous Nonsense by mnd999 on Friday April 29, 2022 @12:35PM (#31207370)
It doesn’t even have to be trustless, some of this crap is using RAFT (for speed), the assumption being that the participants are all trusted.
Re:Blockchain Is Dangerous Nonsense by Wazako on Thursday April 28, 2022 @05:32AM (#31190435)
the blockchain is just a database. a database timed and validated by block. After all a database has advantages / constraints.
Re:Blockchain Is Dangerous Nonsense by civilized on Thursday April 28, 2022 @05:06AM (#31190255)
They could also just run a SQL database together and it'd be much less complicated and more efficient.
Re:Blockchain Is Dangerous Nonsense by dbrgn on Thursday April 28, 2022 @05:42AM (#31190520)
Certificate transparency logs are essentially a blockchain. Would you prefer Google and the other stakeholders to run an SQL database instead, containing these logs?
Re:Blockchain Is Dangerous Nonsense by civilized on Thursday April 28, 2022 @02:47PM (#31196593)
To be honest I don't know anything about certificate transparency logs. Maybe they should be on a blockchain. It doesn't mean money should be on a blockchain.
Re:Blockchain Is Dangerous Nonsense by anonymousDan on Thursday April 28, 2022 @05:19AM (#31190341)
I mean this is just a dumb argument. Who hosts the database? How do you trust them? It's as if people are being wilfully ignorant when they use this as a line of attack. Go learn about Byzantine fault tolerance and think a bit about what problems it attempts to solve
Re:Blockchain Is Dangerous Nonsense by onion2k on Thursday April 28, 2022 @05:06AM (#31190253)
Then it'll automatically be seen as an attempt to build a cartel and keep competition out of the particular domain they operate in.
Re:Blockchain Is Dangerous Nonsense by sharperguy on Thursday April 28, 2022 @05:54AM (#31190628)
These kind of networks exist. Not all of them rely on a blockchain datastructure. In general, they are thousands of times more efficient than a system like bitcoin, and require no mining, however, are subject to the whims of the various political jurisdictions that those organizations exist under.
Re:Blockchain Is Dangerous Nonsense by dividuum on Thursday April 28, 2022 @05:13AM (#31190296)
Like the one for Certificate Transparency: https://certificate.transparency.dev/logs/
Re:Blockchain Is Dangerous Nonsense by hapiri on Thursday April 28, 2022 @05:32AM (#31190442)
Then it's just a regular network, hence why permissioned / private blockchains are a lies to crypto enthusiasts