Re:Do kwon sent $80M a month to secret wallets?
by iLoveOncall on Thursday June 09, 2022 @05:50PM
(#31687392)
> I think blockchain is an interesting technology that does have some unique qualities
Blockchain has unique attributes, I don't think it has any unique quality.
Most of its "qualities" are things that you do not want under any circumstance in your systems even independently, so adding them all together turns it into a worthless technology.
Immutability? Harmful in 99% of the use cases. Trustless? Harmful in 99% of the use cases. Decentralized? A waste in 99% of the use cases. Now put all 3 together, add more "qualities" akin to those, and you've got blockchain.
Blockchain has unique attributes, I don't think it has any unique quality.
Most of its "qualities" are things that you do not want under any circumstance in your systems even independently, so adding them all together turns it into a worthless technology.
Immutability? Harmful in 99% of the use cases. Trustless? Harmful in 99% of the use cases. Decentralized? A waste in 99% of the use cases. Now put all 3 together, add more "qualities" akin to those, and you've got blockchain.