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Blockchain "technology" is fucking stupid and so are you. Here's why

there is no upside to blockchain "technology". it'...
coiffed exhilarant area
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Fantasy-prone slate stead gay wizard
  05/26/17
...
bistre curious casino affirmative action
  06/21/17
It's coming...
Jade free-loading stag film toaster
  09/15/18
Any updates?
coiffed exhilarant area
  10/21/18
...
Useless Soul-stirring Center
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
coiffed exhilarant area
  10/31/18
...
Useless Soul-stirring Center
  11/06/18
wait 2 weeks.
vermilion talented brunch mexican
  08/13/20
...
coiffed exhilarant area
  06/13/22
where are we on this
sienna location filthpig
  11/11/22
...
coiffed exhilarant area
  11/11/22
any progress on increasing the transactions per second?
doobsian crackhouse mediation
  05/26/17
proof of stake and longer down the road sharding. the eth...
metal pearl point
  05/26/17
You have no fucking clue lol
coiffed exhilarant area
  05/30/17
he's actually right about that
bistre curious casino affirmative action
  06/21/17
No he isnt.
coiffed exhilarant area
  06/21/17
b-b-b-but THMART CONTRACTH!!
floppy theater crotch
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Fantasy-prone slate stead gay wizard
  05/26/17
lol so now we trust subhuman slavs?
navy slap-happy alpha state
  09/12/17
...
coiffed exhilarant area
  05/26/17
counterpoint: magical asian
Cracking unhinged indian lodge mood
  05/26/17
lol
fragrant whorehouse double fault
  05/30/17
...
Cracking unhinged indian lodge mood
  09/12/17
...
Thriller Circlehead
  09/12/17
except for the part where crypto gets capital flight from TT...
poppy cerebral chapel roommate
  05/26/17
this and silk road are literally the only way this has any u...
sick national
  10/21/18
...
coiffed exhilarant area
  10/21/18
*cue Kanye West - Black Skinhead*
seedy lascivious principal's office
  05/30/17
why are so many big companies investing in this technology?
saffron kitchen
  05/30/17
They arent
coiffed exhilarant area
  05/30/17
...
bat-shit-crazy juggernaut
  06/21/17
...
coiffed exhilarant area
  11/12/18
...
coiffed exhilarant area
  06/21/17
...
coiffed exhilarant area
  07/16/17
All these fortune 100 companies spending millions of dollars...
cobalt library old irish cottage
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
coiffed exhilarant area
  07/16/17
...
high-end tanning salon kitty cat
  09/08/18
Dumb liberal artist here. Any good links on this shit?
salmon low-t telephone clown
  09/12/17
...
Razzle-dazzle mahogany background story
  09/12/17
yeah I'd love to see a white paper on this
motley gunner
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
coiffed exhilarant area
  10/21/18
...
coiffed exhilarant area
  09/08/18
...
coiffed exhilarant area
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
aromatic turquoise piazza nibblets
  09/15/18
...
coiffed exhilarant area
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
coiffed exhilarant area
  10/31/18
...
hot magenta university halford
  10/31/18
Ouch
provocative hissy fit
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
coiffed exhilarant area
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
coiffed exhilarant area
  10/31/18
...
adventurous garnet wagecucks
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
coiffed exhilarant area
  11/06/18
...
Useless Soul-stirring Center
  11/06/18
This is kind of a dumb article and paper.
Electric big-titted orchestra pit
  11/12/18
(Dumb fuck)
coiffed exhilarant area
  11/14/18
just do compare apples to oranges
Electric big-titted orchestra pit
  11/14/18
...
Flushed bossy kitty hospital
  11/12/18
no u
saffron kitchen
  11/14/18
"breaking news as corporate America discovers that &quo...
coiffed exhilarant area
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
coiffed exhilarant area
  11/21/18
A painful lesson
coiffed exhilarant area
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
coiffed exhilarant area
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
saffron kitchen
  11/30/18
With zero real world use-case!
coiffed exhilarant area
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
saffron kitchen
  11/30/18
...
coiffed exhilarant area
  12/11/18
...
coiffed exhilarant area
  08/13/20
...
coiffed exhilarant area
  08/13/20
ETH to 430 ofs
Lemon quadroon toilet seat
  08/13/20
...
coiffed exhilarant area
  01/11/21
...
coiffed exhilarant area
  01/21/21
...
coiffed exhilarant area
  01/23/22
Lol at xo
coiffed exhilarant area
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: coiffed exhilarant area

there is no upside to blockchain "technology". it's a database with comically low throughput that wastes an absurd amount of electricity. why is there such a a buzz about it? because people are stupid, especially when it comes to technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402847)



Reply Favorite

Date: May 26th, 2017 4:16 PM
Author: Fantasy-prone slate stead gay wizard

proof of stake will eliminate the electricity problem, and ETH is on its way to implementing that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402868)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: bistre curious casino affirmative action



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611186)



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: Jade free-loading stag film toaster

It's coming...

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815263)



Reply Favorite

Date: October 21st, 2018 2:56 AM
Author: coiffed exhilarant area

Any updates?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065915)



Reply Favorite

Date: October 31st, 2018 5:16 AM
Author: Useless Soul-stirring Center



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130633)



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: coiffed exhilarant area

https://coinmarketcap.com/currencies/boolberry/ Wow

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130637)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: Useless Soul-stirring Center



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168865)



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: vermilion talented brunch mexican

wait 2 weeks.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748584)



Reply Favorite

Date: June 13th, 2022 8:39 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#44678788)



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: sienna location filthpig

where are we on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479273)



Reply Favorite

Date: November 11th, 2022 5:51 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479284)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: doobsian crackhouse mediation

any progress on increasing the transactions per second?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402878)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: metal pearl point

proof of stake and longer down the road sharding.

the ethereum network has a fair bit of runway before it runs into severe scaling problems.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402898)



Reply Favorite

Date: May 30th, 2017 3:33 PM
Author: coiffed exhilarant area

You have no fucking clue lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429784)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: bistre curious casino affirmative action

he's actually right about that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611194)



Reply Favorite

Date: June 21st, 2017 4:35 PM
Author: coiffed exhilarant area

No he isnt.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611426)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: floppy theater crotch

b-b-b-but THMART CONTRACTH!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402882)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: Fantasy-prone slate stead gay wizard

so you think you're smarter than Vitalik Buterin and Vlad Zamfir?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402891)



Reply Favorite

Date: September 12th, 2017 5:03 AM
Author: navy slap-happy alpha state

lol so now we trust subhuman slavs?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191035)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402892)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Cracking unhinged indian lodge mood

counterpoint: magical asian

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402896)



Reply Favorite

Date: May 30th, 2017 3:51 PM
Author: fragrant whorehouse double fault

lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429900)



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: Cracking unhinged indian lodge mood



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34190701)



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Thriller Circlehead



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191038)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: poppy cerebral chapel roommate

except for the part where crypto gets capital flight from TTT countries due to being easy to buy, hard to seize. which makes your scamcoin moon.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402897)



Reply Favorite

Date: October 21st, 2018 3:11 AM
Author: sick national

this and silk road are literally the only way this has any underlying value

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065939)



Reply Favorite

Date: October 21st, 2018 3:13 AM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065943)



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: seedy lascivious principal's office

*cue Kanye West - Black Skinhead*

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429795)



Reply Favorite

Date: May 30th, 2017 3:49 PM
Author: saffron kitchen

why are so many big companies investing in this technology?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429882)



Reply Favorite

Date: May 30th, 2017 3:52 PM
Author: coiffed exhilarant area

They arent

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429905)



Reply Favorite

Date: June 21st, 2017 4:30 PM
Author: bat-shit-crazy juggernaut



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611375)



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217127)



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611077)



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786180)



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: cobalt library old irish cottage

All these fortune 100 companies spending millions of dollars on researching block chain should have really listened to OP!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786210)



Reply Favorite

Date: July 16th, 2017 10:34 AM
Author: coiffed exhilarant area

Yeah the research consists of: hey this shit is slow, inefficient, and insecure as fuck. We'll stick to AWS

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786216)



Reply Favorite

Date: September 8th, 2018 4:28 PM
Author: high-end tanning salon kitty cat



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770629)



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: salmon low-t telephone clown

Dumb liberal artist here. Any good links on this shit?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191041)



Reply Favorite

Date: September 12th, 2017 12:54 PM
Author: Razzle-dazzle mahogany background story



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192858)



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: motley gunner

yeah I'd love to see a white paper on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192864)



Reply Favorite

Date: October 21st, 2018 3:08 AM
Author: coiffed exhilarant area

Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065937)



Reply Favorite

Date: September 8th, 2018 4:27 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770625)



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815086)



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: aromatic turquoise piazza nibblets

LOL brother: https://www.quora.com/What-are-the-advantages-of-blockchain-technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815301)



Reply Favorite

Date: October 25th, 2018 2:37 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37093414)



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: coiffed exhilarant area

https://www.innovationaus.com/2018/10/DTA-goes-cold-on-blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130625)



Reply Favorite

Date: October 31st, 2018 5:17 AM
Author: hot magenta university halford



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130634)



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: provocative hissy fit

Ouch

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130640)



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: coiffed exhilarant area

https://i.imgur.com/lhGkMjw.jpg

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133416)



Reply Favorite

Date: October 31st, 2018 3:51 PM
Author: coiffed exhilarant area

https://twitter.com/MapleChangeEx/status/1056582662435954688

lmfao

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133432)



Reply Favorite

Date: October 31st, 2018 3:53 PM
Author: adventurous garnet wagecucks



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133446)



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: coiffed exhilarant area

Energy cost of 'mining' bitcoin more than twice that of copper or gold

https://www.theguardian.com/technology/2018/nov/05/energy-cost-of-mining-bitcoin-more-than-twice-that-of-copper-or-gold

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168859)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: Useless Soul-stirring Center



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168864)



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: Electric big-titted orchestra pit

This is kind of a dumb article and paper.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217156)



Reply Favorite

Date: November 14th, 2018 1:17 PM
Author: coiffed exhilarant area

(Dumb fuck)

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231225)



Reply Favorite

Date: November 14th, 2018 1:26 PM
Author: Electric big-titted orchestra pit

just do compare apples to oranges

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231284)



Reply Favorite

Date: November 12th, 2018 2:42 PM
Author: Flushed bossy kitty hospital



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217133)



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: saffron kitchen

no u

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231236)



Reply Favorite

Date: November 19th, 2018 1:53 PM
Author: coiffed exhilarant area

"breaking news as corporate America discovers that "blockchain tech" is just a slow fucking database"

https://mobile.twitter.com/katherineykwu/status/1062092777742389253



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37264039)



Reply Favorite

Date: November 21st, 2018 2:31 PM
Author: coiffed exhilarant area

https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

The firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington on Monday, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents seen by CoinDesk.

Creditors include the utilities provider in its Douglas County base, having a claim of over $310,000, and electricity provider Neppel Electric, which is owed almost half a million dollars.

Giga Watt has estimated assets worth less than $50,000, whereas estimated liabilities are in the range of $10–50 million, according to the court documents.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37277896)



Reply Favorite

Date: November 24th, 2018 11:58 PM
Author: coiffed exhilarant area

A painful lesson

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37295713)



Reply Favorite

Date: November 30th, 2018 4:21 PM
Author: coiffed exhilarant area

Lmao

We documented 43 blockchain use-cases through internet searches, most of which were described with glowing claims like “operational costs… reduced up to 90%,” or with the assurance of “accurate and secure data capture and storage.” We found a proliferation of press releases, white papers, and persuasively written articles. However, we found no documentation or evidence of the results blockchain was purported to have achieved in these claims. We also did not find lessons learned or practical insights, as are available for other technologies in development.

We fared no better when we reached out directly to several blockchain firms, via email, phone, and in person. Not one was willing to share data on program results, MERL processes, or adaptive management for potential scale-up. Despite all the hype about how blockchain will bring unheralded transparency to processes and operations in low-trust environments, the industry is itself opaque. From this, we determined the lack of evidence supporting value claims of blockchain in the international development space is a critical gap for potential adopters.

http://merltech.org/blockchain-for-international-development-using-a-learning-agenda-to-address-knowledge-gaps/

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328692)



Reply Favorite

Date: November 30th, 2018 4:25 PM
Author: saffron kitchen

IBM has a blockchain business

https://www.ibm.com/blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328711)



Reply Favorite

Date: November 30th, 2018 4:33 PM
Author: coiffed exhilarant area

With zero real world use-case!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328752)



Reply Favorite

Date: November 30th, 2018 5:38 PM
Author: saffron kitchen

What’s the potential ROI of IBM Blockchain?

We commissioned a Forrester Total Economic Impact™ (TEI) report to help you identify the cost, benefits, flexibilities and risk factors of working with IBM Blockchain. The research is based on Forrester’s TEI methodology, financial model framework and case studies, plus interviews with IBM Blockchain stakeholders and customers. Register now to watch our latest webinar and read the report to project your cost savings and the business benefits of working with IBM Blockchain.



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37329044)



Reply Favorite

Date: December 11th, 2018 3:43 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37390407)



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748579)



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752641)



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: Lemon quadroon toilet seat

ETH to 430 ofs

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752787)



Reply Favorite

Date: January 11th, 2021 12:56 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41730543)



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41798339)



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: coiffed exhilarant area



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#43834511)



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: coiffed exhilarant area

Lol at xo

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479243)