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

there is no upside to blockchain "technology". it'...
Maniacal Laser Beams
  05/26/17
proof of stake will eliminate the electricity problem, and E...
Concupiscible immigrant
  05/26/17
...
sinister doctorate depressive
  06/21/17
It's coming...
razzle frisky office idiot
  09/15/18
Any updates?
Maniacal Laser Beams
  10/21/18
...
rebellious regret
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
Maniacal Laser Beams
  10/31/18
...
rebellious regret
  11/06/18
wait 2 weeks.
Ebony flatulent range
  08/13/20
...
Maniacal Laser Beams
  06/13/22
where are we on this
Big Circlehead Space
  11/11/22
...
Maniacal Laser Beams
  11/11/22
any progress on increasing the transactions per second?
fighting associate
  05/26/17
proof of stake and longer down the road sharding. the eth...
histrionic impressive stock car rehab
  05/26/17
You have no fucking clue lol
Maniacal Laser Beams
  05/30/17
he's actually right about that
sinister doctorate depressive
  06/21/17
No he isnt.
Maniacal Laser Beams
  06/21/17
b-b-b-but THMART CONTRACTH!!
wild garrison pervert
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
Concupiscible immigrant
  05/26/17
lol so now we trust subhuman slavs?
Vigorous Flesh Skinny Woman Shitlib
  09/12/17
...
Maniacal Laser Beams
  05/26/17
counterpoint: magical asian
fluffy titillating jewess
  05/26/17
lol
stubborn fanboi
  05/30/17
...
fluffy titillating jewess
  09/12/17
...
beta institution
  09/12/17
except for the part where crypto gets capital flight from TT...
Big-titted Hilarious Center
  05/26/17
this and silk road are literally the only way this has any u...
charcoal slap-happy crackhouse
  10/21/18
...
Maniacal Laser Beams
  10/21/18
*cue Kanye West - Black Skinhead*
gaped resort
  05/30/17
why are so many big companies investing in this technology?
Yapping Aromatic Spot Messiness
  05/30/17
They arent
Maniacal Laser Beams
  05/30/17
...
frum people who are hurt plaza
  06/21/17
...
Maniacal Laser Beams
  11/12/18
...
Maniacal Laser Beams
  06/21/17
...
Maniacal Laser Beams
  07/16/17
All these fortune 100 companies spending millions of dollars...
abusive fortuitous meteor philosopher-king
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
Maniacal Laser Beams
  07/16/17
...
heady orange location macaca
  09/08/18
Dumb liberal artist here. Any good links on this shit?
beady-eyed market
  09/12/17
...
ruddy soul-stirring national security agency gaming laptop
  09/12/17
yeah I'd love to see a white paper on this
spectacular adulterous menage
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
Maniacal Laser Beams
  10/21/18
...
Maniacal Laser Beams
  09/08/18
...
Maniacal Laser Beams
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
motley poppy marketing idea ticket booth
  09/15/18
...
Maniacal Laser Beams
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
Maniacal Laser Beams
  10/31/18
...
Amethyst diverse party of the first part native
  10/31/18
Ouch
vengeful cerebral weed whacker forum
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
Maniacal Laser Beams
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
Maniacal Laser Beams
  10/31/18
...
talented sepia stage gay wizard
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
Maniacal Laser Beams
  11/06/18
...
rebellious regret
  11/06/18
This is kind of a dumb article and paper.
onyx gas station main people
  11/12/18
(Dumb fuck)
Maniacal Laser Beams
  11/14/18
just do compare apples to oranges
onyx gas station main people
  11/14/18
...
passionate federal electric furnace
  11/12/18
no u
Yapping Aromatic Spot Messiness
  11/14/18
"breaking news as corporate America discovers that &quo...
Maniacal Laser Beams
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
Maniacal Laser Beams
  11/21/18
A painful lesson
Maniacal Laser Beams
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
Maniacal Laser Beams
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Yapping Aromatic Spot Messiness
  11/30/18
With zero real world use-case!
Maniacal Laser Beams
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Yapping Aromatic Spot Messiness
  11/30/18
...
Maniacal Laser Beams
  12/11/18
...
Maniacal Laser Beams
  08/13/20
...
Maniacal Laser Beams
  08/13/20
ETH to 430 ofs
judgmental supple keepsake machete public bath
  08/13/20
...
Maniacal Laser Beams
  01/11/21
...
Maniacal Laser Beams
  01/21/21
...
Maniacal Laser Beams
  01/23/22
Lol at xo
Maniacal Laser Beams
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: Maniacal Laser Beams

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: Concupiscible immigrant

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: sinister doctorate depressive



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: razzle frisky office idiot

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: Maniacal Laser Beams

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: rebellious regret



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: Maniacal Laser Beams

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: rebellious regret



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Ebony flatulent range

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: Maniacal Laser Beams



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Big Circlehead Space

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: Maniacal Laser Beams



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: fighting associate

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: histrionic impressive stock car rehab

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: Maniacal Laser Beams

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: sinister doctorate depressive

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: Maniacal Laser Beams

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: wild garrison pervert

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: Concupiscible immigrant

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: Vigorous Flesh Skinny Woman Shitlib

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: Maniacal Laser Beams



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: fluffy titillating jewess

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: stubborn fanboi

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: fluffy titillating jewess



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: beta institution



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Big-titted Hilarious Center

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: charcoal slap-happy crackhouse

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: Maniacal Laser Beams



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: gaped resort

*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: Yapping Aromatic Spot Messiness

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: Maniacal Laser Beams

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: frum people who are hurt plaza



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: abusive fortuitous meteor philosopher-king

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: Maniacal Laser Beams

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: heady orange location macaca



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: beady-eyed market

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: ruddy soul-stirring national security agency gaming laptop



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: spectacular adulterous menage

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: Maniacal Laser Beams

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: Maniacal Laser Beams



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: motley poppy marketing idea ticket booth

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: Maniacal Laser Beams



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: Maniacal Laser Beams

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: Amethyst diverse party of the first part native



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: vengeful cerebral weed whacker forum

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: Maniacal Laser Beams

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: Maniacal Laser Beams

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: talented sepia stage gay wizard



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: Maniacal Laser Beams

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: rebellious regret



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: onyx gas station main people

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: Maniacal Laser Beams

(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: onyx gas station main people

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: passionate federal electric furnace



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Yapping Aromatic Spot Messiness

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: Maniacal Laser Beams

"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: Maniacal Laser Beams

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: Maniacal Laser Beams

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: Maniacal Laser Beams

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: Yapping Aromatic Spot Messiness

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: Maniacal Laser Beams

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: Yapping Aromatic Spot Messiness

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: Maniacal Laser Beams



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: judgmental supple keepsake machete public bath

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: Maniacal Laser Beams



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: Maniacal Laser Beams



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



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: Maniacal Laser Beams

Lol at xo

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