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

there is no upside to blockchain "technology". it'...
Motley Vermilion Masturbator
  05/26/17
proof of stake will eliminate the electricity problem, and E...
federal free-loading parlor macaca
  05/26/17
...
soggy mad-dog skullcap station
  06/21/17
It's coming...
ruby garrison
  09/15/18
Any updates?
Motley Vermilion Masturbator
  10/21/18
...
big voyeur
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
Motley Vermilion Masturbator
  10/31/18
...
big voyeur
  11/06/18
wait 2 weeks.
Thirsty public bath scourge upon the earth
  08/13/20
...
Motley Vermilion Masturbator
  06/13/22
where are we on this
Frozen maize resort
  11/11/22
...
Motley Vermilion Masturbator
  11/11/22
any progress on increasing the transactions per second?
Bistre passionate site
  05/26/17
proof of stake and longer down the road sharding. the eth...
Maroon Zombie-like Half-breed
  05/26/17
You have no fucking clue lol
Motley Vermilion Masturbator
  05/30/17
he's actually right about that
soggy mad-dog skullcap station
  06/21/17
No he isnt.
Motley Vermilion Masturbator
  06/21/17
b-b-b-but THMART CONTRACTH!!
Khaki gas station regret
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
federal free-loading parlor macaca
  05/26/17
lol so now we trust subhuman slavs?
Heady Cyan Milk Multi-billionaire
  09/12/17
...
Motley Vermilion Masturbator
  05/26/17
counterpoint: magical asian
Obsidian Azn Nowag
  05/26/17
lol
burgundy death wish knife
  05/30/17
...
Obsidian Azn Nowag
  09/12/17
...
Bearded exciting heaven police squad
  09/12/17
except for the part where crypto gets capital flight from TT...
disrespectful theatre
  05/26/17
this and silk road are literally the only way this has any u...
spruce anal pozpig
  10/21/18
...
Motley Vermilion Masturbator
  10/21/18
*cue Kanye West - Black Skinhead*
comical yellow bawdyhouse
  05/30/17
why are so many big companies investing in this technology?
puce concupiscible theater stage legal warrant
  05/30/17
They arent
Motley Vermilion Masturbator
  05/30/17
...
talented topaz jap
  06/21/17
...
Motley Vermilion Masturbator
  11/12/18
...
Motley Vermilion Masturbator
  06/21/17
...
Motley Vermilion Masturbator
  07/16/17
All these fortune 100 companies spending millions of dollars...
aromatic house
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
Motley Vermilion Masturbator
  07/16/17
...
Dull Odious Alpha Tank
  09/08/18
Dumb liberal artist here. Any good links on this shit?
ungodly flirting kitty cat
  09/12/17
...
lime space double fault
  09/12/17
yeah I'd love to see a white paper on this
Rebellious Chestnut Stag Film Community Account
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
Motley Vermilion Masturbator
  10/21/18
...
Motley Vermilion Masturbator
  09/08/18
...
Motley Vermilion Masturbator
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
alcoholic embarrassed to the bone spot stain
  09/15/18
...
Motley Vermilion Masturbator
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
Motley Vermilion Masturbator
  10/31/18
...
soul-stirring pearl hospital rigor
  10/31/18
Ouch
deep violet striped hyena
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
Motley Vermilion Masturbator
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
Motley Vermilion Masturbator
  10/31/18
...
Kink-friendly Carnelian Philosopher-king
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
Motley Vermilion Masturbator
  11/06/18
...
big voyeur
  11/06/18
This is kind of a dumb article and paper.
stimulating transparent cuckoldry
  11/12/18
(Dumb fuck)
Motley Vermilion Masturbator
  11/14/18
just do compare apples to oranges
stimulating transparent cuckoldry
  11/14/18
...
Electric windowlicker
  11/12/18
no u
puce concupiscible theater stage legal warrant
  11/14/18
"breaking news as corporate America discovers that &quo...
Motley Vermilion Masturbator
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
Motley Vermilion Masturbator
  11/21/18
A painful lesson
Motley Vermilion Masturbator
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
Motley Vermilion Masturbator
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
puce concupiscible theater stage legal warrant
  11/30/18
With zero real world use-case!
Motley Vermilion Masturbator
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
puce concupiscible theater stage legal warrant
  11/30/18
...
Motley Vermilion Masturbator
  12/11/18
...
Motley Vermilion Masturbator
  08/13/20
...
Motley Vermilion Masturbator
  08/13/20
ETH to 430 ofs
Fear-inspiring Ratface Travel Guidebook
  08/13/20
...
Motley Vermilion Masturbator
  01/11/21
...
Motley Vermilion Masturbator
  01/21/21
...
Motley Vermilion Masturbator
  01/23/22
Lol at xo
Motley Vermilion Masturbator
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: Motley Vermilion Masturbator

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: federal free-loading parlor macaca

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: soggy mad-dog skullcap station



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: ruby garrison

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: Motley Vermilion Masturbator

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: big voyeur



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: Motley Vermilion Masturbator

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: big voyeur



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Thirsty public bath scourge upon the earth

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Frozen maize resort

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Bistre passionate site

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: Maroon Zombie-like Half-breed

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: Motley Vermilion Masturbator

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: soggy mad-dog skullcap station

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: Motley Vermilion Masturbator

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: Khaki gas station regret

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: federal free-loading parlor macaca

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: Heady Cyan Milk Multi-billionaire

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Obsidian Azn Nowag

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: burgundy death wish knife

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: Obsidian Azn Nowag



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Bearded exciting heaven police squad



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: disrespectful theatre

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: spruce anal pozpig

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: comical yellow bawdyhouse

*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: puce concupiscible theater stage legal warrant

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: Motley Vermilion Masturbator

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: talented topaz jap



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: aromatic house

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: Motley Vermilion Masturbator

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: Dull Odious Alpha Tank



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: ungodly flirting kitty cat

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: lime space double fault



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: Rebellious Chestnut Stag Film Community Account

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: Motley Vermilion Masturbator

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: alcoholic embarrassed to the bone spot stain

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: Motley Vermilion Masturbator

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: soul-stirring pearl hospital rigor



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: deep violet striped hyena

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: Motley Vermilion Masturbator

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: Motley Vermilion Masturbator

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: Kink-friendly Carnelian Philosopher-king



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: Motley Vermilion Masturbator

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: big voyeur



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: stimulating transparent cuckoldry

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: Motley Vermilion Masturbator

(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: stimulating transparent cuckoldry

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: Electric windowlicker



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: puce concupiscible theater stage legal warrant

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: Motley Vermilion Masturbator

"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: Motley Vermilion Masturbator

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: Motley Vermilion Masturbator

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: Motley Vermilion Masturbator

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: puce concupiscible theater stage legal warrant

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: Motley Vermilion Masturbator

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: puce concupiscible theater stage legal warrant

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: Fear-inspiring Ratface Travel Guidebook

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: Motley Vermilion Masturbator



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: Motley Vermilion Masturbator



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: Motley Vermilion Masturbator



(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: Motley Vermilion Masturbator

Lol at xo

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