\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

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

there is no upside to blockchain "technology". it'...
orchid blathering garrison halford
  05/26/17
proof of stake will eliminate the electricity problem, and E...
slate corn cake
  05/26/17
...
Violet beady-eyed cumskin
  06/21/17
It's coming...
razzle pozpig
  09/15/18
Any updates?
orchid blathering garrison halford
  10/21/18
...
Motley Parlor
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
orchid blathering garrison halford
  10/31/18
...
Motley Parlor
  11/06/18
wait 2 weeks.
Bonkers potus
  08/13/20
...
orchid blathering garrison halford
  06/13/22
where are we on this
House-broken cheese-eating den
  11/11/22
...
orchid blathering garrison halford
  11/11/22
any progress on increasing the transactions per second?
Walnut narrow-minded blood rage trailer park
  05/26/17
proof of stake and longer down the road sharding. the eth...
Bateful misanthropic bawdyhouse foreskin
  05/26/17
You have no fucking clue lol
orchid blathering garrison halford
  05/30/17
he's actually right about that
Violet beady-eyed cumskin
  06/21/17
No he isnt.
orchid blathering garrison halford
  06/21/17
b-b-b-but THMART CONTRACTH!!
heady station
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
slate corn cake
  05/26/17
lol so now we trust subhuman slavs?
brass cerebral coffee pot immigrant
  09/12/17
...
orchid blathering garrison halford
  05/26/17
counterpoint: magical asian
claret thirsty newt range
  05/26/17
lol
Exhilarant mother scourge upon the earth
  05/30/17
...
claret thirsty newt range
  09/12/17
...
Razzmatazz Godawful Dog Poop
  09/12/17
except for the part where crypto gets capital flight from TT...
marvelous light shitlib
  05/26/17
this and silk road are literally the only way this has any u...
Pink Nibblets
  10/21/18
...
orchid blathering garrison halford
  10/21/18
*cue Kanye West - Black Skinhead*
Ebony Brunch
  05/30/17
why are so many big companies investing in this technology?
Insecure church building psychic
  05/30/17
They arent
orchid blathering garrison halford
  05/30/17
...
Splenetic Bronze Macaca Institution
  06/21/17
...
orchid blathering garrison halford
  11/12/18
...
orchid blathering garrison halford
  06/21/17
...
orchid blathering garrison halford
  07/16/17
All these fortune 100 companies spending millions of dollars...
Stirring ocher toaster
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
orchid blathering garrison halford
  07/16/17
...
thriller navy electric furnace principal's office
  09/08/18
Dumb liberal artist here. Any good links on this shit?
cracking tanning salon telephone
  09/12/17
...
Mint big people who are hurt
  09/12/17
yeah I'd love to see a white paper on this
histrionic domesticated set hunting ground
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
orchid blathering garrison halford
  10/21/18
...
orchid blathering garrison halford
  09/08/18
...
orchid blathering garrison halford
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
Cream mood
  09/15/18
...
orchid blathering garrison halford
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
orchid blathering garrison halford
  10/31/18
...
cyan slimy rehab skinny woman
  10/31/18
Ouch
Razzle-dazzle circlehead dopamine
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
orchid blathering garrison halford
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
orchid blathering garrison halford
  10/31/18
...
Vibrant national
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
orchid blathering garrison halford
  11/06/18
...
Motley Parlor
  11/06/18
This is kind of a dumb article and paper.
orange comical sandwich
  11/12/18
(Dumb fuck)
orchid blathering garrison halford
  11/14/18
just do compare apples to oranges
orange comical sandwich
  11/14/18
...
saffron spot
  11/12/18
no u
Insecure church building psychic
  11/14/18
"breaking news as corporate America discovers that &quo...
orchid blathering garrison halford
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
orchid blathering garrison halford
  11/21/18
A painful lesson
orchid blathering garrison halford
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
orchid blathering garrison halford
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Insecure church building psychic
  11/30/18
With zero real world use-case!
orchid blathering garrison halford
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Insecure church building psychic
  11/30/18
...
orchid blathering garrison halford
  12/11/18
...
orchid blathering garrison halford
  08/13/20
...
orchid blathering garrison halford
  08/13/20
ETH to 430 ofs
Aquamarine pisswyrm
  08/13/20
...
orchid blathering garrison halford
  01/11/21
...
orchid blathering garrison halford
  01/21/21
...
orchid blathering garrison halford
  01/23/22
Lol at xo
orchid blathering garrison halford
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: orchid blathering garrison halford

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: slate corn cake

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: Violet beady-eyed cumskin



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: razzle pozpig

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: orchid blathering garrison halford

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: Motley Parlor



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: orchid blathering garrison halford

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: Motley Parlor



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Bonkers potus

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: orchid blathering garrison halford



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: House-broken cheese-eating den

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: orchid blathering garrison halford



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Walnut narrow-minded blood rage trailer park

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: Bateful misanthropic bawdyhouse foreskin

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: orchid blathering garrison halford

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: Violet beady-eyed cumskin

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: orchid blathering garrison halford

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: heady station

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: slate corn cake

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: brass cerebral coffee pot immigrant

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: orchid blathering garrison halford



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: claret thirsty newt range

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: Exhilarant mother scourge upon the earth

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: claret thirsty newt range



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Razzmatazz Godawful Dog Poop



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: marvelous light shitlib

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: Pink Nibblets

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: orchid blathering garrison halford



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: Ebony Brunch

*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: Insecure church building psychic

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: orchid blathering garrison halford

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: Splenetic Bronze Macaca Institution



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Stirring ocher toaster

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: orchid blathering garrison halford

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: thriller navy electric furnace principal's office



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: cracking tanning salon telephone

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: Mint big people who are hurt



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: histrionic domesticated set hunting ground

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: orchid blathering garrison halford

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: orchid blathering garrison halford



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: Cream mood

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: orchid blathering garrison halford



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: orchid blathering garrison halford

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: cyan slimy rehab skinny woman



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Razzle-dazzle circlehead dopamine

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: orchid blathering garrison halford

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: orchid blathering garrison halford

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: Vibrant national



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: orchid blathering garrison halford

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: Motley Parlor



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: orange comical sandwich

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: orchid blathering garrison halford

(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: orange comical sandwich

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: saffron spot



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Insecure church building psychic

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: orchid blathering garrison halford

"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: orchid blathering garrison halford

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: orchid blathering garrison halford

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: orchid blathering garrison halford

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: Insecure church building psychic

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: orchid blathering garrison halford

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: Insecure church building psychic

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: orchid blathering garrison halford



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: Aquamarine pisswyrm

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: orchid blathering garrison halford



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: orchid blathering garrison halford



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



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: orchid blathering garrison halford

Lol at xo

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