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

there is no upside to blockchain "technology". it'...
contagious slate rehab hunting ground
  05/26/17
proof of stake will eliminate the electricity problem, and E...
thirsty sandwich
  05/26/17
...
learning disabled lodge gay wizard
  06/21/17
It's coming...
disrespectful translucent voyeur
  09/15/18
Any updates?
contagious slate rehab hunting ground
  10/21/18
...
lascivious area
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
contagious slate rehab hunting ground
  10/31/18
...
lascivious area
  11/06/18
wait 2 weeks.
sickened death wish
  08/13/20
...
contagious slate rehab hunting ground
  06/13/22
where are we on this
aromatic poppy base fat ankles
  11/11/22
...
contagious slate rehab hunting ground
  11/11/22
any progress on increasing the transactions per second?
Histrionic bearded ladyboy kitchen
  05/26/17
proof of stake and longer down the road sharding. the eth...
Slippery School Becky
  05/26/17
You have no fucking clue lol
contagious slate rehab hunting ground
  05/30/17
he's actually right about that
learning disabled lodge gay wizard
  06/21/17
No he isnt.
contagious slate rehab hunting ground
  06/21/17
b-b-b-but THMART CONTRACTH!!
Fiercely-loyal theater stage
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
thirsty sandwich
  05/26/17
lol so now we trust subhuman slavs?
Boyish very tactful trailer park
  09/12/17
...
contagious slate rehab hunting ground
  05/26/17
counterpoint: magical asian
Apoplectic excitant church national security agency
  05/26/17
lol
Wonderful ungodly personal credit line office
  05/30/17
...
Apoplectic excitant church national security agency
  09/12/17
...
Territorial Buff Roast Beef
  09/12/17
except for the part where crypto gets capital flight from TT...
180 pit quadroon
  05/26/17
this and silk road are literally the only way this has any u...
Motley gas station
  10/21/18
...
contagious slate rehab hunting ground
  10/21/18
*cue Kanye West - Black Skinhead*
arrogant floppy french chef
  05/30/17
why are so many big companies investing in this technology?
galvanic indian lodge sound barrier
  05/30/17
They arent
contagious slate rehab hunting ground
  05/30/17
...
Misunderstood gold halford ticket booth
  06/21/17
...
contagious slate rehab hunting ground
  11/12/18
...
contagious slate rehab hunting ground
  06/21/17
...
contagious slate rehab hunting ground
  07/16/17
All these fortune 100 companies spending millions of dollars...
Drab institution
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
contagious slate rehab hunting ground
  07/16/17
...
Swashbuckling church building black woman
  09/08/18
Dumb liberal artist here. Any good links on this shit?
avocado step-uncle's house twinkling uncleanness
  09/12/17
...
Rusted hominid
  09/12/17
yeah I'd love to see a white paper on this
White Old Irish Cottage
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
contagious slate rehab hunting ground
  10/21/18
...
contagious slate rehab hunting ground
  09/08/18
...
contagious slate rehab hunting ground
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
lake azn
  09/15/18
...
contagious slate rehab hunting ground
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
contagious slate rehab hunting ground
  10/31/18
...
silver business firm
  10/31/18
Ouch
frisky vengeful heaven
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
contagious slate rehab hunting ground
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
contagious slate rehab hunting ground
  10/31/18
...
brass hyperventilating tanning salon dragon
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
contagious slate rehab hunting ground
  11/06/18
...
lascivious area
  11/06/18
This is kind of a dumb article and paper.
Sepia circlehead new version
  11/12/18
(Dumb fuck)
contagious slate rehab hunting ground
  11/14/18
just do compare apples to oranges
Sepia circlehead new version
  11/14/18
...
hot deep point
  11/12/18
no u
galvanic indian lodge sound barrier
  11/14/18
"breaking news as corporate America discovers that &quo...
contagious slate rehab hunting ground
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
contagious slate rehab hunting ground
  11/21/18
A painful lesson
contagious slate rehab hunting ground
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
contagious slate rehab hunting ground
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
galvanic indian lodge sound barrier
  11/30/18
With zero real world use-case!
contagious slate rehab hunting ground
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
galvanic indian lodge sound barrier
  11/30/18
...
contagious slate rehab hunting ground
  12/11/18
...
contagious slate rehab hunting ground
  08/13/20
...
contagious slate rehab hunting ground
  08/13/20
ETH to 430 ofs
talented carnelian crackhouse digit ratio
  08/13/20
...
contagious slate rehab hunting ground
  01/11/21
...
contagious slate rehab hunting ground
  01/21/21
...
contagious slate rehab hunting ground
  01/23/22
Lol at xo
contagious slate rehab hunting ground
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: contagious slate rehab hunting ground

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: thirsty sandwich

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: learning disabled lodge gay wizard



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: disrespectful translucent voyeur

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: contagious slate rehab hunting ground

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: lascivious area



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: contagious slate rehab hunting ground

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: lascivious area



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: sickened death wish

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: aromatic poppy base fat ankles

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Histrionic bearded ladyboy kitchen

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: Slippery School Becky

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: contagious slate rehab hunting ground

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: learning disabled lodge gay wizard

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: contagious slate rehab hunting ground

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: Fiercely-loyal theater stage

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: thirsty sandwich

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: Boyish very tactful trailer park

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Apoplectic excitant church national security agency

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: Wonderful ungodly personal credit line office

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: Apoplectic excitant church national security agency



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Territorial Buff Roast Beef



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: 180 pit quadroon

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: Motley gas station

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: arrogant floppy french chef

*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: galvanic indian lodge sound barrier

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: contagious slate rehab hunting ground

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: Misunderstood gold halford ticket booth



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Drab institution

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: contagious slate rehab hunting ground

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: Swashbuckling church building black woman



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: avocado step-uncle's house twinkling uncleanness

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: Rusted hominid



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: White 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: contagious slate rehab hunting ground

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: lake azn

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: contagious slate rehab hunting ground

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: silver business firm



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: frisky vengeful heaven

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: contagious slate rehab hunting ground

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: contagious slate rehab hunting ground

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: brass hyperventilating tanning salon dragon



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: contagious slate rehab hunting ground

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: lascivious area



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: Sepia circlehead new version

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: contagious slate rehab hunting ground

(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: Sepia circlehead new version

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: hot deep point



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: galvanic indian lodge sound barrier

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: contagious slate rehab hunting ground

"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: contagious slate rehab hunting ground

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: contagious slate rehab hunting ground

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: contagious slate rehab hunting ground

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: galvanic indian lodge sound barrier

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: contagious slate rehab hunting ground

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: galvanic indian lodge sound barrier

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: talented carnelian crackhouse digit ratio

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: contagious slate rehab hunting ground



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: contagious slate rehab hunting ground



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



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: contagious slate rehab hunting ground

Lol at xo

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