• Voroxpete@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    1
    ·
    8 months ago

    As best I can guess, it looks like they’re just throwing the word blockchain in there so that a16z will hand them $40m in funding.

    • bionicjoey@lemmy.ca
      link
      fedilink
      English
      arrow-up
      1
      ·
      8 months ago

      I’m amazed there are still people out there who consider blockchain a positive buzzword.

      • O_i@lemmy.world
        link
        fedilink
        English
        arrow-up
        0
        ·
        8 months ago

        Why couldn’t it be a positive word? Assuming you’re disassociating it from bitcoin

        • bionicjoey@lemmy.ca
          link
          fedilink
          English
          arrow-up
          0
          ·
          8 months ago

          Because there have yet to be any valuable applications of blockchain. It’s an interesting idea in computer science theory, but you can’t do hardly anything useful with it in the real world.

          • Voroxpete@sh.itjust.works
            link
            fedilink
            English
            arrow-up
            1
            ·
            8 months ago

            Minor/pedantic addendum: For all uses of “blockchain” in this thread, I assume we can all agree that we’re talking about “public ledger blockchain” specifically.

            Private blockchains absolutely have their uses, such as being the technology that powers Git. But those uses are still strictly limited to situations where an append only ledger is actually useful, and those are very few indeed.

            But yes, in regards to public ledger blockchain, there are absolutely no valid use cases.