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

there is no upside to blockchain "technology". it'...
spectacular shivering stead
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Clear sanctuary
  05/26/17
...
Lemon Laughsome Stag Film
  06/21/17
It's coming...
mildly autistic trump supporter hissy fit
  09/15/18
Any updates?
spectacular shivering stead
  10/21/18
...
Flesh Senate Stain
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
spectacular shivering stead
  10/31/18
...
Flesh Senate Stain
  11/06/18
wait 2 weeks.
Odious sable masturbator
  08/13/20
...
spectacular shivering stead
  06/13/22
where are we on this
Passionate fighting box office double fault
  11/11/22
...
spectacular shivering stead
  11/11/22
any progress on increasing the transactions per second?
Out-of-control Cordovan Juggernaut Space
  05/26/17
proof of stake and longer down the road sharding. the eth...
sickened love of her life yarmulke
  05/26/17
You have no fucking clue lol
spectacular shivering stead
  05/30/17
he's actually right about that
Lemon Laughsome Stag Film
  06/21/17
No he isnt.
spectacular shivering stead
  06/21/17
b-b-b-but THMART CONTRACTH!!
Aggressive Cerise Selfie Genital Piercing
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Clear sanctuary
  05/26/17
lol so now we trust subhuman slavs?
talented flushed indian lodge mexican
  09/12/17
...
spectacular shivering stead
  05/26/17
counterpoint: magical asian
at-the-ready principal's office gaming laptop
  05/26/17
lol
dun razzle striped hyena
  05/30/17
...
at-the-ready principal's office gaming laptop
  09/12/17
...
misunderstood candlestick maker
  09/12/17
except for the part where crypto gets capital flight from TT...
salmon bawdyhouse
  05/26/17
this and silk road are literally the only way this has any u...
bossy cuckoldry university
  10/21/18
...
spectacular shivering stead
  10/21/18
*cue Kanye West - Black Skinhead*
irradiated locale gunner
  05/30/17
why are so many big companies investing in this technology?
heady fishy electric furnace athletic conference
  05/30/17
They arent
spectacular shivering stead
  05/30/17
...
Hairraiser fluffy temple
  06/21/17
...
spectacular shivering stead
  11/12/18
...
spectacular shivering stead
  06/21/17
...
spectacular shivering stead
  07/16/17
All these fortune 100 companies spending millions of dollars...
racy circlehead
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
spectacular shivering stead
  07/16/17
...
Diverse goyim garrison
  09/08/18
Dumb liberal artist here. Any good links on this shit?
godawful trust fund roommate
  09/12/17
...
Jet center faggot firefighter
  09/12/17
yeah I'd love to see a white paper on this
concupiscible gold trailer park personal credit line
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
spectacular shivering stead
  10/21/18
...
spectacular shivering stead
  09/08/18
...
spectacular shivering stead
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
Chestnut big ticket booth
  09/15/18
...
spectacular shivering stead
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
spectacular shivering stead
  10/31/18
...
Aphrodisiac indirect expression internal respiration
  10/31/18
Ouch
Lavender telephone
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
spectacular shivering stead
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
spectacular shivering stead
  10/31/18
...
soul-stirring mediation pit
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
spectacular shivering stead
  11/06/18
...
Flesh Senate Stain
  11/06/18
This is kind of a dumb article and paper.
Abnormal supple business firm patrolman
  11/12/18
(Dumb fuck)
spectacular shivering stead
  11/14/18
just do compare apples to oranges
Abnormal supple business firm patrolman
  11/14/18
...
maniacal titillating ceo
  11/12/18
no u
heady fishy electric furnace athletic conference
  11/14/18
"breaking news as corporate America discovers that &quo...
spectacular shivering stead
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
spectacular shivering stead
  11/21/18
A painful lesson
spectacular shivering stead
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
spectacular shivering stead
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
heady fishy electric furnace athletic conference
  11/30/18
With zero real world use-case!
spectacular shivering stead
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
heady fishy electric furnace athletic conference
  11/30/18
...
spectacular shivering stead
  12/11/18
...
spectacular shivering stead
  08/13/20
...
spectacular shivering stead
  08/13/20
ETH to 430 ofs
exhilarant water buffalo
  08/13/20
...
spectacular shivering stead
  01/11/21
...
spectacular shivering stead
  01/21/21
...
spectacular shivering stead
  01/23/22
Lol at xo
spectacular shivering stead
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: spectacular shivering stead

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: Clear sanctuary

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: Lemon Laughsome Stag Film



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: mildly autistic trump supporter hissy fit

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: spectacular shivering stead

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: Flesh Senate Stain



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: spectacular shivering stead

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: Flesh Senate Stain



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Odious sable masturbator

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: spectacular shivering stead



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Passionate fighting box office double fault

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: spectacular shivering stead



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Out-of-control Cordovan Juggernaut Space

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: sickened love of her life yarmulke

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: spectacular shivering stead

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: Lemon Laughsome Stag Film

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: spectacular shivering stead

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: Aggressive Cerise Selfie Genital Piercing

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: Clear sanctuary

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: talented flushed indian lodge mexican

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: spectacular shivering stead



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: at-the-ready principal's office gaming laptop

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: dun razzle striped hyena

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: at-the-ready principal's office gaming laptop



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: misunderstood candlestick maker



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: salmon bawdyhouse

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: bossy cuckoldry university

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: spectacular shivering stead



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: irradiated locale gunner

*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: heady fishy electric furnace athletic conference

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: spectacular shivering stead

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: Hairraiser fluffy temple



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: spectacular shivering stead



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: racy circlehead

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: spectacular shivering stead

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: Diverse goyim garrison



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: godawful trust fund roommate

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: Jet center faggot firefighter



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: concupiscible gold trailer park personal credit line

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: spectacular shivering stead

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: spectacular shivering stead



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: Chestnut big ticket booth

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: spectacular shivering stead



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: spectacular shivering stead

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: Aphrodisiac indirect expression internal respiration



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Lavender telephone

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: spectacular shivering stead

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: spectacular shivering stead

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: soul-stirring mediation pit



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: spectacular shivering stead

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: Flesh Senate Stain



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: Abnormal supple business firm patrolman

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: spectacular shivering stead

(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: Abnormal supple business firm patrolman

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: maniacal titillating ceo



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: heady fishy electric furnace athletic conference

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: spectacular shivering stead

"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: spectacular shivering stead

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: spectacular shivering stead

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: spectacular shivering stead

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: heady fishy electric furnace athletic conference

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: spectacular shivering stead

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: heady fishy electric furnace athletic conference

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: spectacular shivering stead



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: spectacular shivering stead



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: exhilarant water buffalo

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: spectacular shivering stead



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: spectacular shivering stead



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



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: spectacular shivering stead

Lol at xo

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