• HubertManne
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    12 years ago

    blockchain is not useless but most of the “currencies” around it is.

    • @ShittyBeatlesFCPres
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      32 years ago

      It’s pretty useless. It’s proven too slow and inefficient for 99% of the promising use cases and despite having been out for like 15 years, no one has done anything particularly important (and also legal) with it. I’m not sure a typical person would miss anything if the whole ecosystem disappeared tomorrow.

      • HubertManne
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        12 years ago

        im curious about the slow and innefficient part. Its a ledger and I was under the impression it was perfect for following a supply chain to keep track of shipments. I have sorta been surprised it has not been used for this

        • dandi8
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          32 years ago

          Why would you use blockchain to track shipments when you can easily do the same with a standard database? What would be the gain?

          • HubertManne
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            12 years ago

            with blockchain the information is on the token. You should not need a database.

        • Bipta
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          12 years ago

          Blockchain itself is not slow. No idea of slow or fast can exist without an implementation, and the implementation they probably have in mind is Bitcoin which is slow as shit.

          • HubertManne
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            12 years ago

            bitcoin is not the only implementation. Gridcoin does not have the same bloat.