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

there is no upside to blockchain "technology". it'...
laughsome juggernaut brunch
  05/26/17
proof of stake will eliminate the electricity problem, and E...
sexy dilemma son of senegal
  05/26/17
...
Ruby arousing school cafeteria stock car
  06/21/17
It's coming...
Mentally Impaired Stag Film Shitlib
  09/15/18
Any updates?
laughsome juggernaut brunch
  10/21/18
...
autistic church building
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
laughsome juggernaut brunch
  10/31/18
...
autistic church building
  11/06/18
wait 2 weeks.
know-it-all range
  08/13/20
...
laughsome juggernaut brunch
  06/13/22
where are we on this
Federal Drunken Abode French Chef
  11/11/22
...
laughsome juggernaut brunch
  11/11/22
any progress on increasing the transactions per second?
twinkling bateful factory reset button university
  05/26/17
proof of stake and longer down the road sharding. the eth...
irradiated theater
  05/26/17
You have no fucking clue lol
laughsome juggernaut brunch
  05/30/17
he's actually right about that
Ruby arousing school cafeteria stock car
  06/21/17
No he isnt.
laughsome juggernaut brunch
  06/21/17
b-b-b-but THMART CONTRACTH!!
vibrant underhanded shrine dysfunction
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
sexy dilemma son of senegal
  05/26/17
lol so now we trust subhuman slavs?
Swashbuckling crackhouse toaster
  09/12/17
...
laughsome juggernaut brunch
  05/26/17
counterpoint: magical asian
Cerebral famous landscape painting
  05/26/17
lol
Vengeful supple parlor volcanic crater
  05/30/17
...
Cerebral famous landscape painting
  09/12/17
...
fear-inspiring church
  09/12/17
except for the part where crypto gets capital flight from TT...
cracking area
  05/26/17
this and silk road are literally the only way this has any u...
Dark boyish rigor
  10/21/18
...
laughsome juggernaut brunch
  10/21/18
*cue Kanye West - Black Skinhead*
very tactful abusive feces lodge
  05/30/17
why are so many big companies investing in this technology?
Ebony legal warrant
  05/30/17
They arent
laughsome juggernaut brunch
  05/30/17
...
offensive henna sound barrier
  06/21/17
...
laughsome juggernaut brunch
  11/12/18
...
laughsome juggernaut brunch
  06/21/17
...
laughsome juggernaut brunch
  07/16/17
All these fortune 100 companies spending millions of dollars...
Hairraiser erotic striped hyena
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
laughsome juggernaut brunch
  07/16/17
...
Bistre sadistic nursing home
  09/08/18
Dumb liberal artist here. Any good links on this shit?
Charismatic Digit Ratio
  09/12/17
...
brass cuckoldry
  09/12/17
yeah I'd love to see a white paper on this
demanding piazza
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
laughsome juggernaut brunch
  10/21/18
...
laughsome juggernaut brunch
  09/08/18
...
laughsome juggernaut brunch
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
thriller twinkling uncleanness
  09/15/18
...
laughsome juggernaut brunch
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
laughsome juggernaut brunch
  10/31/18
...
vermilion glittery stain
  10/31/18
Ouch
Passionate Property
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
laughsome juggernaut brunch
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
laughsome juggernaut brunch
  10/31/18
...
Infuriating business firm
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
laughsome juggernaut brunch
  11/06/18
...
autistic church building
  11/06/18
This is kind of a dumb article and paper.
titillating stead
  11/12/18
(Dumb fuck)
laughsome juggernaut brunch
  11/14/18
just do compare apples to oranges
titillating stead
  11/14/18
...
chest-beating copper mad-dog skullcap
  11/12/18
no u
Ebony legal warrant
  11/14/18
"breaking news as corporate America discovers that &quo...
laughsome juggernaut brunch
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
laughsome juggernaut brunch
  11/21/18
A painful lesson
laughsome juggernaut brunch
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
laughsome juggernaut brunch
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
Ebony legal warrant
  11/30/18
With zero real world use-case!
laughsome juggernaut brunch
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
Ebony legal warrant
  11/30/18
...
laughsome juggernaut brunch
  12/11/18
...
laughsome juggernaut brunch
  08/13/20
...
laughsome juggernaut brunch
  08/13/20
ETH to 430 ofs
curious costumed orchestra pit roast beef
  08/13/20
...
laughsome juggernaut brunch
  01/11/21
...
laughsome juggernaut brunch
  01/21/21
...
laughsome juggernaut brunch
  01/23/22
Lol at xo
laughsome juggernaut brunch
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: laughsome juggernaut brunch

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: sexy dilemma son of senegal

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: Ruby arousing school cafeteria stock car



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: Mentally Impaired Stag Film Shitlib

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: laughsome juggernaut brunch

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: autistic church building



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: laughsome juggernaut brunch

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: autistic church building



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: know-it-all 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: laughsome juggernaut brunch



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Federal Drunken Abode French Chef

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: laughsome juggernaut brunch



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: twinkling bateful factory reset button university

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: irradiated theater

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: laughsome juggernaut brunch

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: Ruby arousing school cafeteria stock car

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: laughsome juggernaut brunch

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: vibrant underhanded shrine dysfunction

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: sexy dilemma son of senegal

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: Swashbuckling crackhouse toaster

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: laughsome juggernaut brunch



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Cerebral famous landscape painting

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: Vengeful supple parlor volcanic crater

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: Cerebral famous landscape painting



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: fear-inspiring church



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: cracking area

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: Dark boyish rigor

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: laughsome juggernaut brunch



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: very tactful abusive feces lodge

*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: Ebony legal warrant

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: laughsome juggernaut brunch

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: offensive henna sound barrier



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Hairraiser erotic striped hyena

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: laughsome juggernaut brunch

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: Bistre sadistic nursing home



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: Charismatic Digit Ratio

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: brass cuckoldry



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: demanding piazza

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: laughsome juggernaut brunch

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: laughsome juggernaut brunch



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: thriller twinkling uncleanness

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: laughsome juggernaut brunch



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: laughsome juggernaut brunch

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: vermilion glittery stain



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Passionate Property

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: laughsome juggernaut brunch

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: laughsome juggernaut brunch

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: Infuriating business firm



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: laughsome juggernaut brunch

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: autistic church building



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: titillating stead

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: laughsome juggernaut brunch

(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: titillating stead

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: chest-beating copper mad-dog skullcap



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: Ebony legal warrant

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: laughsome juggernaut brunch

"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: laughsome juggernaut brunch

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: laughsome juggernaut brunch

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: laughsome juggernaut brunch

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: Ebony legal warrant

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: laughsome juggernaut brunch

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: Ebony legal warrant

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: laughsome juggernaut brunch



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: curious costumed orchestra pit roast beef

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: laughsome juggernaut brunch



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



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: laughsome juggernaut brunch



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



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: laughsome juggernaut brunch



(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: laughsome juggernaut brunch

Lol at xo

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