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

there is no upside to blockchain "technology". it'...
zombie-like sapphire volcanic crater
  05/26/17
proof of stake will eliminate the electricity problem, and E...
rusted reading party
  05/26/17
...
deep know-it-all elastic band
  06/21/17
It's coming...
tripping exciting forum
  09/15/18
Any updates?
zombie-like sapphire volcanic crater
  10/21/18
...
odious ruddy headpube stage
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
zombie-like sapphire volcanic crater
  10/31/18
...
odious ruddy headpube stage
  11/06/18
wait 2 weeks.
irate brunch
  08/13/20
...
zombie-like sapphire volcanic crater
  06/13/22
where are we on this
Disgusting light sanctuary quadroon
  11/11/22
...
zombie-like sapphire volcanic crater
  11/11/22
any progress on increasing the transactions per second?
Slimy Cruise Ship
  05/26/17
proof of stake and longer down the road sharding. the eth...
Cracking national
  05/26/17
You have no fucking clue lol
zombie-like sapphire volcanic crater
  05/30/17
he's actually right about that
deep know-it-all elastic band
  06/21/17
No he isnt.
zombie-like sapphire volcanic crater
  06/21/17
b-b-b-but THMART CONTRACTH!!
Opaque histrionic tank round eye
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
rusted reading party
  05/26/17
lol so now we trust subhuman slavs?
Lavender hell pervert
  09/12/17
...
zombie-like sapphire volcanic crater
  05/26/17
counterpoint: magical asian
exhilarant property
  05/26/17
lol
Narrow-minded Pearl Stead
  05/30/17
...
exhilarant property
  09/12/17
...
Copper trip market
  09/12/17
except for the part where crypto gets capital flight from TT...
Sooty Lodge Puppy
  05/26/17
this and silk road are literally the only way this has any u...
Idiotic Onyx Address
  10/21/18
...
zombie-like sapphire volcanic crater
  10/21/18
*cue Kanye West - Black Skinhead*
soul-stirring mischievous bbw
  05/30/17
why are so many big companies investing in this technology?
Offensive heaven electric furnace
  05/30/17
They arent
zombie-like sapphire volcanic crater
  05/30/17
...
Dull Confused Tanning Salon
  06/21/17
...
zombie-like sapphire volcanic crater
  11/12/18
...
zombie-like sapphire volcanic crater
  06/21/17
...
zombie-like sapphire volcanic crater
  07/16/17
All these fortune 100 companies spending millions of dollars...
Thriller yellow school cafeteria useless brakes
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
zombie-like sapphire volcanic crater
  07/16/17
...
Demanding hospital alpha
  09/08/18
Dumb liberal artist here. Any good links on this shit?
Puce Razzle-dazzle Immigrant Gaming Laptop
  09/12/17
...
razzle range love of her life
  09/12/17
yeah I'd love to see a white paper on this
Khaki gas station
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
zombie-like sapphire volcanic crater
  10/21/18
...
zombie-like sapphire volcanic crater
  09/08/18
...
zombie-like sapphire volcanic crater
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
Curious Dopamine
  09/15/18
...
zombie-like sapphire volcanic crater
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
zombie-like sapphire volcanic crater
  10/31/18
...
Grizzly garrison
  10/31/18
Ouch
Tan stage
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
zombie-like sapphire volcanic crater
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
zombie-like sapphire volcanic crater
  10/31/18
...
Unhinged University Dysfunction
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
zombie-like sapphire volcanic crater
  11/06/18
...
odious ruddy headpube stage
  11/06/18
This is kind of a dumb article and paper.
carnelian legend set
  11/12/18
(Dumb fuck)
zombie-like sapphire volcanic crater
  11/14/18
just do compare apples to oranges
carnelian legend set
  11/14/18
...
Comical Henna Abode
  11/12/18
no u
Offensive heaven electric furnace
  11/14/18
"breaking news as corporate America discovers that &quo...
zombie-like sapphire volcanic crater
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
zombie-like sapphire volcanic crater
  11/21/18
A painful lesson
zombie-like sapphire volcanic crater
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
zombie-like sapphire volcanic crater
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Offensive heaven electric furnace
  11/30/18
With zero real world use-case!
zombie-like sapphire volcanic crater
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Offensive heaven electric furnace
  11/30/18
...
zombie-like sapphire volcanic crater
  12/11/18
...
zombie-like sapphire volcanic crater
  08/13/20
...
zombie-like sapphire volcanic crater
  08/13/20
ETH to 430 ofs
Talented honey-headed area gaping
  08/13/20
...
zombie-like sapphire volcanic crater
  01/11/21
...
zombie-like sapphire volcanic crater
  01/21/21
...
zombie-like sapphire volcanic crater
  01/23/22
Lol at xo
zombie-like sapphire volcanic crater
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: zombie-like sapphire volcanic crater

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: rusted reading party

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: deep know-it-all elastic band



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: tripping exciting forum

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: zombie-like sapphire volcanic crater

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: odious ruddy headpube stage



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: zombie-like sapphire volcanic crater

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: odious ruddy headpube stage



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: irate brunch

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Disgusting light sanctuary quadroon

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Slimy Cruise Ship

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: Cracking national

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: zombie-like sapphire volcanic crater

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: deep know-it-all elastic band

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: zombie-like sapphire volcanic crater

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: Opaque histrionic tank round eye

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: rusted reading party

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: Lavender hell pervert

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: exhilarant property

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: Narrow-minded Pearl Stead

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: exhilarant property



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: Copper trip market



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Sooty Lodge Puppy

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: Idiotic Onyx Address

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: soul-stirring mischievous bbw

*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: Offensive heaven electric furnace

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: zombie-like sapphire volcanic crater

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: Dull Confused Tanning Salon



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Thriller yellow school cafeteria useless brakes

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: zombie-like sapphire volcanic crater

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: Demanding hospital alpha



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: Puce Razzle-dazzle Immigrant Gaming Laptop

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: razzle range love of her life



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: Khaki gas station

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: zombie-like sapphire volcanic crater

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: Curious Dopamine

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: zombie-like sapphire volcanic crater

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: Grizzly garrison



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Tan stage

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: zombie-like sapphire volcanic crater

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: zombie-like sapphire volcanic crater

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: Unhinged University Dysfunction



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: zombie-like sapphire volcanic crater

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: odious ruddy headpube stage



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: carnelian legend set

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: zombie-like sapphire volcanic crater

(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: carnelian legend set

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: Comical Henna Abode



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Offensive heaven electric furnace

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: zombie-like sapphire volcanic crater

"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: zombie-like sapphire volcanic crater

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: zombie-like sapphire volcanic crater

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: zombie-like sapphire volcanic crater

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: Offensive heaven electric furnace

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: zombie-like sapphire volcanic crater

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: Offensive heaven electric furnace

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: Talented honey-headed area gaping

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: zombie-like sapphire volcanic crater



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: zombie-like sapphire volcanic crater



(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: zombie-like sapphire volcanic crater



(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: zombie-like sapphire volcanic crater

Lol at xo

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