"Ten years in, nobody has come up with a use for blockchain" https://hackernoon.com/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100
@Gargron Did you ever actually bother to learn how blockchains work? You have 44.3k followers due to how everyone automatically follows you as an admin at mastodon.social, yet keep posting stuff you clearly know nothing about (same as the author of blog post you linked). Take a bit of responsibility for your actions, cause you are not a random unknown person here.
Lecture from Princeton professor:
#Cryptocurrencies are for finance world what activitypub and other decentralized protocols (which includes mastodon) are trying to be for social media - a way to break free from corporate and government control. Yea, btc is currently experiencing some issues, but blockchains are here to stay and not understanding how they work and what impact they will have on our society is just ignorance (also quite ironic considering where we are right now)
@tOkeshu@social.wxcafe.netI don't care about author of that article, he is CEO of a business based on fiat financial model, so no wonder he wrote negative review about something that could negatively affect his company's performance one day.
Eugen on the other hand as a an admin with 44.3k followers and main developer has a lot of influence, so it would be great if his opinions were based on actual knowledge (posting article like above proves he does not understand crypto).
It solves the problem of funding and distribution, while it still has accessibility issues it is a good start. #GiveDirectly + #Duniter is an awesome combo to provide worldwide universal #basicincome.
@chr @gargron good idea != good implementation. but the article doesn't bring any of that up it just bangs on an on about the current limitations of existing software as if they're insurmountable conceptual obstacles lol.
it talks over and over again about how ANY feature above and beyond the most barebone shit is a strike against "blockchain technology" instead of considering that it might be possible people could *improve* things, ever.
" Visa can handle sixty thousand transactions per second, while #Bitcoin historically taps out at seven. [...] And, worth noting, for those seven transactions a second Bitcoin is already estimated to use 35 times as much energy as Visa."
@octalish Ah oui tout à fait. J'ai retrouvé une étude de 2014 qui donne des chiffres.
Mais je ne retrouve pas d'article pour expliquer la projection future. Je vais rechercher.