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

there is no upside to blockchain "technology". it'...
Exciting Boiling Water
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Arrogant lascivious volcanic crater yarmulke
  05/26/17
...
comical crystalline pisswyrm
  06/21/17
It's coming...
sepia supple tank elastic band
  09/15/18
Any updates?
Exciting Boiling Water
  10/21/18
...
razzle-dazzle people who are hurt office
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
Exciting Boiling Water
  10/31/18
...
razzle-dazzle people who are hurt office
  11/06/18
wait 2 weeks.
aromatic duck-like lodge
  08/13/20
...
Exciting Boiling Water
  06/13/22
where are we on this
shivering beady-eyed lay pozpig
  11/11/22
...
Exciting Boiling Water
  11/11/22
any progress on increasing the transactions per second?
khaki chapel
  05/26/17
proof of stake and longer down the road sharding. the eth...
Onyx 180 Stead Mad Cow Disease
  05/26/17
You have no fucking clue lol
Exciting Boiling Water
  05/30/17
he's actually right about that
comical crystalline pisswyrm
  06/21/17
No he isnt.
Exciting Boiling Water
  06/21/17
b-b-b-but THMART CONTRACTH!!
Blathering ticket booth
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Arrogant lascivious volcanic crater yarmulke
  05/26/17
lol so now we trust subhuman slavs?
Mentally impaired casino hissy fit
  09/12/17
...
Exciting Boiling Water
  05/26/17
counterpoint: magical asian
racy sex offender church
  05/26/17
lol
tan hyperventilating cruise ship sound barrier
  05/30/17
...
racy sex offender church
  09/12/17
...
Marvelous jet-lagged french chef preventive strike
  09/12/17
except for the part where crypto gets capital flight from TT...
Hateful private investor alpha
  05/26/17
this and silk road are literally the only way this has any u...
Hairraiser Cheese-eating Tanning Salon
  10/21/18
...
Exciting Boiling Water
  10/21/18
*cue Kanye West - Black Skinhead*
Glittery Thirsty Bbw Partner
  05/30/17
why are so many big companies investing in this technology?
Irate floppy doctorate quadroon
  05/30/17
They arent
Exciting Boiling Water
  05/30/17
...
alcoholic potus
  06/21/17
...
Exciting Boiling Water
  11/12/18
...
Exciting Boiling Water
  06/21/17
...
Exciting Boiling Water
  07/16/17
All these fortune 100 companies spending millions of dollars...
arousing milky fanboi mexican
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
Exciting Boiling Water
  07/16/17
...
Self-absorbed Cruel-hearted Range
  09/08/18
Dumb liberal artist here. Any good links on this shit?
motley feces digit ratio
  09/12/17
...
Bright sandwich
  09/12/17
yeah I'd love to see a white paper on this
Violent shimmering school hominid
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
Exciting Boiling Water
  10/21/18
...
Exciting Boiling Water
  09/08/18
...
Exciting Boiling Water
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
crimson at-the-ready resort newt
  09/15/18
...
Exciting Boiling Water
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
Exciting Boiling Water
  10/31/18
...
harsh idea he suggested striped hyena
  10/31/18
Ouch
Vengeful Codepig
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
Exciting Boiling Water
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
Exciting Boiling Water
  10/31/18
...
Rough-skinned trust fund orchestra pit
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
Exciting Boiling Water
  11/06/18
...
razzle-dazzle people who are hurt office
  11/06/18
This is kind of a dumb article and paper.
Insanely Creepy Galvanic Macaca Principal's Office
  11/12/18
(Dumb fuck)
Exciting Boiling Water
  11/14/18
just do compare apples to oranges
Insanely Creepy Galvanic Macaca Principal's Office
  11/14/18
...
Vigorous dark internal respiration base
  11/12/18
no u
Irate floppy doctorate quadroon
  11/14/18
"breaking news as corporate America discovers that &quo...
Exciting Boiling Water
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
Exciting Boiling Water
  11/21/18
A painful lesson
Exciting Boiling Water
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
Exciting Boiling Water
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Irate floppy doctorate quadroon
  11/30/18
With zero real world use-case!
Exciting Boiling Water
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Irate floppy doctorate quadroon
  11/30/18
...
Exciting Boiling Water
  12/11/18
...
Exciting Boiling Water
  08/13/20
...
Exciting Boiling Water
  08/13/20
ETH to 430 ofs
soul-stirring bull headed ladyboy
  08/13/20
...
Exciting Boiling Water
  01/11/21
...
Exciting Boiling Water
  01/21/21
...
Exciting Boiling Water
  01/23/22
Lol at xo
Exciting Boiling Water
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: Exciting Boiling Water

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: Arrogant lascivious volcanic crater yarmulke

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: comical crystalline pisswyrm



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: sepia supple tank elastic band

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: Exciting Boiling Water

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: razzle-dazzle people who are hurt office



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: Exciting Boiling Water

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: razzle-dazzle people who are hurt office



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: aromatic duck-like lodge

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: Exciting Boiling Water



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: shivering beady-eyed lay pozpig

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: Exciting Boiling Water



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: khaki chapel

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: Onyx 180 Stead Mad Cow Disease

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: Exciting Boiling Water

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: comical crystalline pisswyrm

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: Exciting Boiling Water

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: Blathering ticket booth

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: Arrogant lascivious volcanic crater yarmulke

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: Mentally impaired casino hissy fit

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: Exciting Boiling Water



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: racy sex offender church

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: tan hyperventilating cruise ship sound barrier

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: racy sex offender church



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Marvelous jet-lagged french chef preventive strike



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Hateful private investor alpha

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: Hairraiser Cheese-eating Tanning Salon

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: Exciting Boiling Water



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: Glittery Thirsty Bbw Partner

*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: Irate floppy doctorate quadroon

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: Exciting Boiling Water

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: alcoholic potus



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: Exciting Boiling Water



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: arousing milky fanboi mexican

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: Exciting Boiling Water

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: Self-absorbed Cruel-hearted Range



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: motley feces digit ratio

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: Bright sandwich



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: Violent shimmering school hominid

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: Exciting Boiling Water

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: Exciting Boiling Water



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: crimson at-the-ready resort newt

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: Exciting Boiling Water



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: Exciting Boiling Water

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: harsh idea he suggested striped hyena



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Vengeful Codepig

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: Exciting Boiling Water

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: Exciting Boiling Water

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: Rough-skinned trust fund orchestra pit



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: Exciting Boiling Water

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: razzle-dazzle people who are hurt office



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: Insanely Creepy Galvanic Macaca Principal's Office

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: Exciting Boiling Water

(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: Insanely Creepy Galvanic Macaca Principal's Office

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: Vigorous dark internal respiration base



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Irate floppy doctorate quadroon

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: Exciting Boiling Water

"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: Exciting Boiling Water

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: Exciting Boiling Water

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: Exciting Boiling Water

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: Irate floppy doctorate quadroon

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: Exciting Boiling Water

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: Irate floppy doctorate quadroon

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: Exciting Boiling Water



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: Exciting Boiling Water



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: soul-stirring bull headed ladyboy

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: Exciting Boiling Water



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: Exciting Boiling Water



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



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: Exciting Boiling Water

Lol at xo

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