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

there is no upside to blockchain "technology". it'...
histrionic chapel keepsake machete
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Hateful translucent temple
  05/26/17
...
Slap-happy Native
  06/21/17
It's coming...
bistre theater halford
  09/15/18
Any updates?
histrionic chapel keepsake machete
  10/21/18
...
lavender galvanic persian meetinghouse
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
histrionic chapel keepsake machete
  10/31/18
...
lavender galvanic persian meetinghouse
  11/06/18
wait 2 weeks.
Amber trust fund
  08/13/20
...
histrionic chapel keepsake machete
  06/13/22
where are we on this
Curious tripping newt love of her life
  11/11/22
...
histrionic chapel keepsake machete
  11/11/22
any progress on increasing the transactions per second?
Excitant travel guidebook forum
  05/26/17
proof of stake and longer down the road sharding. the eth...
Comical adulterous gaming laptop nursing home
  05/26/17
You have no fucking clue lol
histrionic chapel keepsake machete
  05/30/17
he's actually right about that
Slap-happy Native
  06/21/17
No he isnt.
histrionic chapel keepsake machete
  06/21/17
b-b-b-but THMART CONTRACTH!!
sooty parlour
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Hateful translucent temple
  05/26/17
lol so now we trust subhuman slavs?
saffron razzmatazz hairy legs sound barrier
  09/12/17
...
histrionic chapel keepsake machete
  05/26/17
counterpoint: magical asian
multi-colored lake queen of the night
  05/26/17
lol
Flirting aphrodisiac field
  05/30/17
...
multi-colored lake queen of the night
  09/12/17
...
Floppy metal immigrant prole
  09/12/17
except for the part where crypto gets capital flight from TT...
Crimson Hominid
  05/26/17
this and silk road are literally the only way this has any u...
Arousing Patrolman
  10/21/18
...
histrionic chapel keepsake machete
  10/21/18
*cue Kanye West - Black Skinhead*
internet-worthy awkward headpube pit
  05/30/17
why are so many big companies investing in this technology?
hairraiser orchid sex offender tanning salon
  05/30/17
They arent
histrionic chapel keepsake machete
  05/30/17
...
Zippy internal respiration cruise ship
  06/21/17
...
histrionic chapel keepsake machete
  11/12/18
...
histrionic chapel keepsake machete
  06/21/17
...
histrionic chapel keepsake machete
  07/16/17
All these fortune 100 companies spending millions of dollars...
Wine son of senegal
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
histrionic chapel keepsake machete
  07/16/17
...
tantric milk potus
  09/08/18
Dumb liberal artist here. Any good links on this shit?
Bearded infuriating point
  09/12/17
...
dun box office
  09/12/17
yeah I'd love to see a white paper on this
beady-eyed kink-friendly old irish cottage
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
histrionic chapel keepsake machete
  10/21/18
...
histrionic chapel keepsake machete
  09/08/18
...
histrionic chapel keepsake machete
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
orange indirect expression
  09/15/18
...
histrionic chapel keepsake machete
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
histrionic chapel keepsake machete
  10/31/18
...
sadistic brass pistol
  10/31/18
Ouch
Disgusting marketing idea digit ratio
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
histrionic chapel keepsake machete
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
histrionic chapel keepsake machete
  10/31/18
...
confused police squad
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
histrionic chapel keepsake machete
  11/06/18
...
lavender galvanic persian meetinghouse
  11/06/18
This is kind of a dumb article and paper.
magenta seedy bawdyhouse idea he suggested
  11/12/18
(Dumb fuck)
histrionic chapel keepsake machete
  11/14/18
just do compare apples to oranges
magenta seedy bawdyhouse idea he suggested
  11/14/18
...
Puce resort affirmative action
  11/12/18
no u
hairraiser orchid sex offender tanning salon
  11/14/18
"breaking news as corporate America discovers that &quo...
histrionic chapel keepsake machete
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
histrionic chapel keepsake machete
  11/21/18
A painful lesson
histrionic chapel keepsake machete
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
histrionic chapel keepsake machete
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
hairraiser orchid sex offender tanning salon
  11/30/18
With zero real world use-case!
histrionic chapel keepsake machete
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
hairraiser orchid sex offender tanning salon
  11/30/18
...
histrionic chapel keepsake machete
  12/11/18
...
histrionic chapel keepsake machete
  08/13/20
...
histrionic chapel keepsake machete
  08/13/20
ETH to 430 ofs
poppy mad cow disease property
  08/13/20
...
histrionic chapel keepsake machete
  01/11/21
...
histrionic chapel keepsake machete
  01/21/21
...
histrionic chapel keepsake machete
  01/23/22
Lol at xo
histrionic chapel keepsake machete
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: histrionic chapel keepsake machete

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: Hateful translucent temple

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: Slap-happy Native



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: bistre theater halford

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: histrionic chapel keepsake machete

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: lavender galvanic persian meetinghouse



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: histrionic chapel keepsake machete

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: lavender galvanic persian meetinghouse



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Amber trust fund

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Curious tripping newt love of her life

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Excitant travel guidebook forum

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: Comical adulterous gaming laptop nursing home

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: histrionic chapel keepsake machete

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: Slap-happy Native

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: histrionic chapel keepsake machete

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: sooty parlour

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: Hateful translucent temple

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: saffron razzmatazz hairy legs sound barrier

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: multi-colored lake queen of the night

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: Flirting aphrodisiac field

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: multi-colored lake queen of the night



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Floppy metal immigrant prole



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Crimson Hominid

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: Arousing Patrolman

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: internet-worthy awkward headpube pit

*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: hairraiser orchid sex offender tanning salon

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: histrionic chapel keepsake machete

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: Zippy internal respiration cruise ship



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Wine son of senegal

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: histrionic chapel keepsake machete

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: tantric milk potus



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: Bearded infuriating point

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: dun box office



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: beady-eyed kink-friendly old irish cottage

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: histrionic chapel keepsake machete

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: orange indirect expression

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: histrionic chapel keepsake machete

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: sadistic brass pistol



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Disgusting marketing idea digit ratio

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: histrionic chapel keepsake machete

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: histrionic chapel keepsake machete

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: confused police squad



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: histrionic chapel keepsake machete

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: lavender galvanic persian meetinghouse



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: magenta seedy bawdyhouse idea he suggested

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: histrionic chapel keepsake machete

(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: magenta seedy bawdyhouse idea he suggested

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: Puce resort affirmative action



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: hairraiser orchid sex offender tanning salon

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: histrionic chapel keepsake machete

"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: histrionic chapel keepsake machete

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: histrionic chapel keepsake machete

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: histrionic chapel keepsake machete

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: hairraiser orchid sex offender tanning salon

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: histrionic chapel keepsake machete

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: hairraiser orchid sex offender tanning salon

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: histrionic chapel keepsake machete



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: poppy mad cow disease property

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: histrionic chapel keepsake machete



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: histrionic chapel keepsake machete



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



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Date: January 23rd, 2022 7:22 PM
Author: histrionic chapel keepsake machete



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



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Date: November 11th, 2022 5:40 PM
Author: histrionic chapel keepsake machete

Lol at xo

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