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by smt88
2542 days ago
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1) Blockchain is not "new". It's 10 years old. We went through the hype cycle for it. The thousands of software engineers and mathematicians on HN have had time to assess. 2) HN is for more accepting and enthusiastic about new ideas than the general population. |
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More like 40 years: https://en.wikipedia.org/wiki/Merkle_tree
The only thing that's new about blockchain is that on top of being a Merkle tree, it wastes a ton of energy.