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

there is no upside to blockchain "technology". it'...
Ghostface Billah
  05/26/17
proof of stake will eliminate the electricity problem, and E...
.,,,.,,;;;...,,,,,,..;,.,,;;.,;;.,,.,;;..;;.,,,.
  05/26/17
...
"'""'"'''''''
  06/21/17
It's coming...
~~(>' ' )>
  09/15/18
Any updates?
Ghostface Billah
  10/21/18
he meant "boolberry", not ETH
anglican lawyer
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
Ghostface Billah
  10/31/18
ljl
anglican lawyer
  11/06/18
any progress on increasing the transactions per second?
WWG1WGA
  05/26/17
proof of stake and longer down the road sharding. the eth...
exeunt
  05/26/17
You have no fucking clue lol
Ghostface Billah
  05/30/17
he's actually right about that
"'""'"'''''''
  06/21/17
No he isnt.
Ghostface Billah
  06/21/17
b-b-b-but THMART CONTRACTH!!
technical analysis
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
.,,,.,,;;;...,,,,,,..;,.,,;;.,;;.,,.,;;..;;.,,,.
  05/26/17
lol so now we trust subhuman slavs?
.,......,.,.,.,:,,:.,,.,::;.,..,:,.,,:..;,,:.::,,
  09/12/17
...
Ghostface Billah
  05/26/17
counterpoint: magical asian
luis
  05/26/17
lol
ESPRIT.wav
  05/30/17
...
luis
  09/12/17
...
Niggers
  09/12/17
except for the part where crypto gets capital flight from TT...
weird blob of shit from another dimension
  05/26/17
this and silk road are literally the only way this has any u...
dr. charlie brown
  10/21/18
...
Ghostface Billah
  10/21/18
*cue Kanye West - Black Skinhead*
istanbul street cat
  05/30/17
why are so many big companies investing in this technology?
.;:..;:;.:.;.,,,.,.:,.;;,;;;..;,
  05/30/17
They arent
Ghostface Billah
  05/30/17
...
....,.,.,.,.,.,.,.,.,....,.,.,.,.....,.,.,.
  06/21/17
...
Ghostface Billah
  11/12/18
...
Ghostface Billah
  06/21/17
...
Ghostface Billah
  07/16/17
All these fortune 100 companies spending millions of dollars...
,.,...,..,.,.,:,.:,.,.,:::,.....,:,.,.:.:.,:.::,
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
Ghostface Billah
  07/16/17
...
"'"'"''"""
  09/08/18
Dumb liberal artist here. Any good links on this shit?
biological rape weapon
  09/12/17
...
nigger boi
  09/12/17
yeah I'd love to see a white paper on this
Excuse me, I have to get through
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
Ghostface Billah
  10/21/18
...
Ghostface Billah
  09/08/18
...
Ghostface Billah
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
...,..,,.,.,,,,,..,,.,,,...,.,,.
  09/15/18
...
Ghostface Billah
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
Ghostface Billah
  10/31/18
...
'''''''"'"
  10/31/18
Ouch
;;;.;;;;;.;;;;.;;;
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
Ghostface Billah
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
Ghostface Billah
  10/31/18
...
Dr. Ford
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
Ghostface Billah
  11/06/18
...
anglican lawyer
  11/06/18
This is kind of a dumb article and paper.
fumblerooski
  11/12/18
(Dumb fuck)
Ghostface Billah
  11/14/18
just do compare apples to oranges
fumblerooski
  11/14/18
...
spritezero
  11/12/18
no u
.;:..;:;.:.;.,,,.,.:,.;;,;;;..;,
  11/14/18
"breaking news as corporate America discovers that &quo...
Ghostface Billah
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
Ghostface Billah
  11/21/18
A painful lesson
Ghostface Billah
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
Ghostface Billah
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
.;:..;:;.:.;.,,,.,.:,.;;,;;;..;,
  11/30/18
With zero real world use-case!
Ghostface Billah
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
.;:..;:;.:.;.,,,.,.:,.;;,;;;..;,
  11/30/18
...
Ghostface Billah
  12/11/18


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: Ghostface Billah

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: .,,,.,,;;;...,,,,,,..;,.,,;;.,;;.,,.,;;..;;.,,,.


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: "'""'"'''''''




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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: ~~(>' ' )>

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: Ghostface Billah (🦖)

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: anglican lawyer (🔙🌌)

he meant "boolberry", not ETH

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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: Ghostface Billah (🦖)

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: anglican lawyer (🔙🌌)

ljl

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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: WWG1WGA

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: exeunt (0x823fe3353982b7d869345c00f1f6f814d9825ce9)

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: Ghostface Billah

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: "'""'"'''''''


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: Ghostface Billah

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: technical analysis

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: .,,,.,,;;;...,,,,,,..;,.,,;;.,;;.,,.,;;..;;.,,,.


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: .,......,.,.,.,:,,:.,,.,::;.,..,:,.,,:..;,,:.::,,


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: Ghostface Billah



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: luis (luis)

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: ESPRIT.wav (u$po)

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: luis (luis)



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Niggers



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: weird blob of shit from another dimension (that has telepathic powers)

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: dr. charlie brown (🍊👱🏻‍♂️2020)

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: Ghostface Billah (🦖)



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: istanbul street cat

*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: .;:..;:;.:.;.,,,.,.:,.;;,;;;..;,


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: Ghostface Billah

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: ....,.,.,.,.,.,.,.,.,....,.,.,.,.....,.,.,.




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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: Ghostface Billah (🦖)



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: Ghostface Billah



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: Ghostface Billah



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: ,.,...,..,.,.,:,.:,.,.,:::,.....,:,.,.:.:.,:.::,


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: Ghostface Billah

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: "'"'"''"""




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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: biological rape weapon

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: nigger boi



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: Excuse me, I have to get through

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: Ghostface Billah (🦖)

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: Ghostface Billah



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: Ghostface Billah



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: ...,..,,.,.,,,,,..,,.,,,...,.,,.


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: Ghostface Billah (🦖)



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: Ghostface Billah (🦖)

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: '''''''"'"



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: ;;;.;;;;;.;;;;.;;;

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: Ghostface Billah (🦖)

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: Ghostface Billah (🦖)

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: Dr. Ford



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: Ghostface Billah (🦖)

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: anglican lawyer (🔙🌌)



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: fumblerooski

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: Ghostface Billah (🦖)

(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: fumblerooski

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: spritezero



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: .;:..;:;.:.;.,,,.,.:,.;;,;;;..;,


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: Ghostface Billah (🦖)

"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: Ghostface Billah (🦖)

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: Ghostface Billah (🦖)

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: Ghostface Billah (🦖)

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: .;:..;:;.:.;.,,,.,.:,.;;,;;;..;,


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: Ghostface Billah (🦖)

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: .;:..;:;.:.;.,,,.,.:,.;;,;;;..;,


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: Ghostface Billah (🦖)



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