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by smt88 2536 days ago
My take is that it's several things:

- Lots of crypto links posted to HN are scams or have no technical merit

- No one has come up[1] with a use case for blockchain that actually requires blockchain, outside of cryptocurrency (which is something non-technical people and speculators don't understand or won't admit)

- Because of rampant scams and speculation, a lot of online blockchain/crypto conversations have a high noise-to-signal ratio

1. https://hackernoon.com/ten-years-in-nobody-has-come-up-with-...

1 comments

Vehicle history. Health care history. Or any type of history storage, really. The fact the data is everywhere means it cant be easily destroyed, and doesnt have only one gatekeeper.
How does blockchain help? Why do I want "consensus" (let alone distributed consensus) on any of those histories?

It's easy to create data that can't easily be destroyed. Back it up. You don't need a cryptographic, anonymous data mutation algorithm to do that. Just copy it to more places.

And as far as not having one gatekeeper... none of those things have one gatekeeper anyway. Who is lamenting that there's a single gatekeeper for their health history? If anything, people are lamenting the opposite -- that it's such a mess where multiple people have to cobble it together from disparate records formats.

To paraphrase something once said about JavaScript: the useful aspects of blockchain aren't new, and the new aspects aren't useful. Immutable (aka append-only), distributed, encrypted databases are useful! They are not blockchains, though.

The point is that you dont have to go to a source owned by someone. For example, the DMV has your driving record. Blockchain allows the history of a vehicle to be stored and accessed easily. Mechanics all have their own records. Why not tie them directly to the object?