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

there is no upside to blockchain "technology". it'...
exhilarant low-t filthpig
  05/26/17
proof of stake will eliminate the electricity problem, and E...
supple background story
  05/26/17
...
Razzle Faggot Firefighter Hall
  06/21/17
It's coming...
salmon adventurous rigpig
  09/15/18
Any updates?
exhilarant low-t filthpig
  10/21/18
...
Razzmatazz theater
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
exhilarant low-t filthpig
  10/31/18
...
Razzmatazz theater
  11/06/18
wait 2 weeks.
Nubile mind-boggling step-uncle's house chad
  08/13/20
...
exhilarant low-t filthpig
  06/13/22
where are we on this
Smoky irate locus
  11/11/22
...
exhilarant low-t filthpig
  11/11/22
any progress on increasing the transactions per second?
Sienna talented candlestick maker range
  05/26/17
proof of stake and longer down the road sharding. the eth...
Ivory hairless stage
  05/26/17
You have no fucking clue lol
exhilarant low-t filthpig
  05/30/17
he's actually right about that
Razzle Faggot Firefighter Hall
  06/21/17
No he isnt.
exhilarant low-t filthpig
  06/21/17
b-b-b-but THMART CONTRACTH!!
cyan exciting station laser beams
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
supple background story
  05/26/17
lol so now we trust subhuman slavs?
Comical Jap
  09/12/17
...
exhilarant low-t filthpig
  05/26/17
counterpoint: magical asian
Maize Stag Film Fat Ankles
  05/26/17
lol
Underhanded lascivious senate
  05/30/17
...
Maize Stag Film Fat Ankles
  09/12/17
...
vengeful stain pisswyrm
  09/12/17
except for the part where crypto gets capital flight from TT...
flesh multi-billionaire property
  05/26/17
this and silk road are literally the only way this has any u...
racy useless brakes
  10/21/18
...
exhilarant low-t filthpig
  10/21/18
*cue Kanye West - Black Skinhead*
Laughsome Saffron Shrine
  05/30/17
why are so many big companies investing in this technology?
vermilion crackhouse
  05/30/17
They arent
exhilarant low-t filthpig
  05/30/17
...
coral floppy university french chef
  06/21/17
...
exhilarant low-t filthpig
  11/12/18
...
exhilarant low-t filthpig
  06/21/17
...
exhilarant low-t filthpig
  07/16/17
All these fortune 100 companies spending millions of dollars...
Alcoholic stubborn school cafeteria
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
exhilarant low-t filthpig
  07/16/17
...
motley maniacal twinkling uncleanness
  09/08/18
Dumb liberal artist here. Any good links on this shit?
trip jet corn cake
  09/12/17
...
opaque main people kitty cat
  09/12/17
yeah I'd love to see a white paper on this
House-broken confused den
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
exhilarant low-t filthpig
  10/21/18
...
exhilarant low-t filthpig
  09/08/18
...
exhilarant low-t filthpig
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
slippery dragon sanctuary
  09/15/18
...
exhilarant low-t filthpig
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
exhilarant low-t filthpig
  10/31/18
...
lime soul-stirring famous landscape painting incel
  10/31/18
Ouch
Emerald Area
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
exhilarant low-t filthpig
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
exhilarant low-t filthpig
  10/31/18
...
Boyish peach friendly grandma public bath
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
exhilarant low-t filthpig
  11/06/18
...
Razzmatazz theater
  11/06/18
This is kind of a dumb article and paper.
galvanic double fault meetinghouse
  11/12/18
(Dumb fuck)
exhilarant low-t filthpig
  11/14/18
just do compare apples to oranges
galvanic double fault meetinghouse
  11/14/18
...
Silver Headpube
  11/12/18
no u
vermilion crackhouse
  11/14/18
"breaking news as corporate America discovers that &quo...
exhilarant low-t filthpig
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
exhilarant low-t filthpig
  11/21/18
A painful lesson
exhilarant low-t filthpig
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
exhilarant low-t filthpig
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
vermilion crackhouse
  11/30/18
With zero real world use-case!
exhilarant low-t filthpig
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
vermilion crackhouse
  11/30/18
...
exhilarant low-t filthpig
  12/11/18
...
exhilarant low-t filthpig
  08/13/20
...
exhilarant low-t filthpig
  08/13/20
ETH to 430 ofs
flatulent dilemma
  08/13/20
...
exhilarant low-t filthpig
  01/11/21
...
exhilarant low-t filthpig
  01/21/21
...
exhilarant low-t filthpig
  01/23/22
Lol at xo
exhilarant low-t filthpig
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: exhilarant low-t filthpig

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: supple background story

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: Razzle Faggot Firefighter Hall



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



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: salmon adventurous rigpig

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: exhilarant low-t filthpig

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: Razzmatazz theater



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



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: exhilarant low-t filthpig

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: Razzmatazz theater



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



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: Nubile mind-boggling step-uncle's house chad

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: exhilarant low-t filthpig



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



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Smoky irate locus

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: exhilarant low-t filthpig



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



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Sienna talented candlestick maker range

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: Ivory hairless stage

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: exhilarant low-t filthpig

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: Razzle Faggot Firefighter Hall

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: exhilarant low-t filthpig

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: cyan exciting station laser beams

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: supple background story

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: Comical Jap

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: exhilarant low-t filthpig



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Maize Stag Film Fat Ankles

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: Underhanded lascivious senate

lol

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



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: Maize Stag Film Fat Ankles



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



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: vengeful stain pisswyrm



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



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: flesh multi-billionaire property

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: racy useless brakes

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: exhilarant low-t filthpig



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



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: Laughsome Saffron Shrine

*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: vermilion crackhouse

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: exhilarant low-t filthpig

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: coral floppy university french chef



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



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Alcoholic stubborn school cafeteria

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: exhilarant low-t filthpig

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: motley maniacal twinkling uncleanness



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



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: trip jet corn cake

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: opaque main people kitty cat



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



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: House-broken confused den

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: exhilarant low-t filthpig

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: exhilarant low-t filthpig



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



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: slippery dragon sanctuary

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: exhilarant low-t filthpig



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



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: exhilarant low-t filthpig

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: lime soul-stirring famous landscape painting incel



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



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Emerald Area

Ouch

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



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: exhilarant low-t filthpig

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: exhilarant low-t filthpig

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: Boyish peach friendly grandma public bath



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



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: exhilarant low-t filthpig

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: Razzmatazz theater



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



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: galvanic double fault meetinghouse

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: exhilarant low-t filthpig

(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: galvanic double fault meetinghouse

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: Silver Headpube



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



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: vermilion crackhouse

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: exhilarant low-t filthpig

"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: exhilarant low-t filthpig

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: exhilarant low-t filthpig

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: exhilarant low-t filthpig

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: vermilion crackhouse

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: exhilarant low-t filthpig

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: vermilion crackhouse

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: exhilarant low-t filthpig



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



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: exhilarant low-t filthpig



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



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: flatulent dilemma

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: exhilarant low-t filthpig



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



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Date: January 21st, 2021 12:32 PM
Author: exhilarant low-t filthpig



(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: exhilarant low-t filthpig



(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: exhilarant low-t filthpig

Lol at xo

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