After receiving $700,000 to research blockchain, the government's Digital Transformation Agency has discovered out that "for every use of blockchain you would consider today there is a better technology". #estimates
Show this thread
this is 100% the correct conclusion, and I hope they went through the sensible process of spending $25 on my book, writing the conclusion, and spending the next $699,975 on the booze that is medically necessary to recover from knowing about blockchains
-
-
Based on what criteria?
-
i answered this in 55,000 words rather than 280 characters fwiw, link in bio
-
280c are more than enough to explain your criteria and make a point. I understand it make sense for you to promote the book but I would appreciate if you could answer the question.
-
like, the actual quote from them? i go into it in detail in the book, but that's basically the summary. i have a talk about it too, with slides and querulous questionershttps://davidgerard.co.uk/blockchain/2018/10/09/blockchain-why-magic-probably-doesnt-happen-how-to-sell-a-hash-tree-as-a-tech-revolution-royal-holloway-thursday-4-october-2018/ …
-
What would it be in your opinion a better alternative to reach consensus in a distributed p2p network ?
-
tell me your use case for this specialised requirement and I'll be able to answer. (there are many existing distributed p2p networks that don't use blockchains, so you're going to need to be specific and unambiguous as to the use case you have in mind)
-
A distributed ledger for monetary transactions without central authority would be the use case.
-
good question! you COULD use a blockchain for this, but I predict that if you started it in (say) 2009 it would recentralise by 2013, and one actor would have 51% control by mid-2014
- 2 more replies
New conversation -
-
-
in search of blockchain cure
-
well, bitcoin replaces gold!! or at least if you get heavily into bitcoin and blockchain, any excess quantities of gold will be greatly reduced
End of conversation
New conversation -
-
-
Yeah, that's completely an unbiased position. There's always money to be made being a naysayer, I guess.
-
i'm glad there's no-one pro-crypto who's in it for the money after all wtf
End of conversation
New conversation -
-
-
I am 100% amused that (a) this tweet got quoted on this weeks
@riskybusiness podcast and (b) that Patrick Gray doesn’t know you. Patrick: the book is good value and also sufficiently amusing to be readable. -
Patrick - if you'd like a copy, email me dgerard@gmail.com and I'll send you a PDF
End of conversation
New conversation -
-
-
do you have a book do you
-
I gotta pile of 'em. also you can get the paperback in Australia through Amazon and Book Depository https://www.amazon.com.au/Attack-50-Foot-Blockchain-Contracts/dp/1974000060/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=&sr= …
End of conversation
New conversation -
-
-
Nah, they put the rest in bitcoin
-
Which is now in a North Korean bitcoin wallet protected by a blockchain.
-
"Protected" lol
-
Yes, the blockchain goes all the way around it like in Ireland.
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.