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by vorpalhex
2536 days ago
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All blockchains have fundamental problems including the majority problem[1]. They don't really solve any problems, because all blockchain problems are just restating other problems with the words "but on the blockchain" added. Tracking your fruit to make sure it's fresh by making trucks have sensors that post to the blockchain? Yeah, you're just shifting the burden of trust from whoever fills out the paperwork to whoever made and installed the sensor - you haven't done anything. It's a buzzword that's used blindly in the hopes of attracting capital [2] that has no real meaning. Out of a dozen blockchain related job offers I was approached with, not a SINGLE founder could answer simple questions about how to assure verification or prevent blockchain manipulation. Blockchain is up there with fad diets, crazy health claims for boring foods, and nonsense cancer treatments. Does it have a potential role? Sure, it'd probably be kind of a cute feature in a game. [1] https://www.investopedia.com/terms/1/51-attack.asp
[2] https://www.wsj.com/articles/bringing-blockchain-to-the-coff... |
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