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Survey Results

Are you using Blockchain technology?

Survey period: 18 Jun 2018 to 25 Jun 2018

Blockchain is way more than bitcoin, but here's an explanation of blockchain using bitcoin suitable for your grandmother.

OptionVotes% 
Yes, heavily212.08
Yes, a little383.76
We plan to in the future494.85
We're evaluating and may at some point717.03
No, and don't know if we will26225.94
No, and probably won't34634.26
No, and definitely won't22322.08



 
GeneralWow Pin
Bryian Tan20-Jun-18 7:11
professionalBryian Tan20-Jun-18 7:11 
GeneralRe: Wow Pin
Thanks787220-Jun-18 20:34
professionalThanks787220-Jun-18 20:34 
GeneralRe: Wow Pin
ZerqTheMad21-Jun-18 2:25
ZerqTheMad21-Jun-18 2:25 
GeneralRe: Wow Pin
User 1106097923-Jun-18 7:20
User 1106097923-Jun-18 7:20 
GeneralBitcoin network is achieving maximums of 3 to 4 transactions per second Pin
Shao Voon Wong19-Jun-18 0:09
mvaShao Voon Wong19-Jun-18 0:09 
GeneralAnd waaaaay too expensive. Pin
OriginalGriff20-Jun-18 4:19
mveOriginalGriff20-Jun-18 4:19 
GeneralRe: And waaaaay too expensive. Pin
Mycroft Holmes23-Jun-18 21:08
professionalMycroft Holmes23-Jun-18 21:08 
GeneralRe: And waaaaay too expensive. Pin
OriginalGriff23-Jun-18 21:29
mveOriginalGriff23-Jun-18 21:29 
GeneralRe: And waaaaay too expensive. Pin
Chris Maunder1-Jul-18 13:12
cofounderChris Maunder1-Jul-18 13:12 
GeneralRe: And waaaaay too expensive. Pin
OriginalGriff1-Jul-18 21:47
mveOriginalGriff1-Jul-18 21:47 
GeneralA solution in the search of a problem Pin
Jörgen Andersson18-Jun-18 19:25
professionalJörgen Andersson18-Jun-18 19:25 
GeneralRe: A solution in the search of a problem Pin
den2k8818-Jun-18 20:54
professionalden2k8818-Jun-18 20:54 
GeneralRe: A solution in the search of a problem Pin
Jörgen Andersson18-Jun-18 20:56
professionalJörgen Andersson18-Jun-18 20:56 
GeneralRe: A solution in the search of a problem Pin
Eddy Vluggen18-Jun-18 23:58
professionalEddy Vluggen18-Jun-18 23:58 
GeneralMissing option! Pin
Johnny J.18-Jun-18 2:57
professionalJohnny J.18-Jun-18 2:57 
AnswerRe: Missing option! Pin
Foothill18-Jun-18 6:16
professionalFoothill18-Jun-18 6:16 
GeneralRe: Missing option! Pin
atali19-Jun-18 4:33
atali19-Jun-18 4:33 
GeneralRe: Missing option! Pin
  Forogar  19-Jun-18 7:24
professional  Forogar  19-Jun-18 7:24 
GeneralRe: Missing option! Pin
OriginalGriff20-Jun-18 4:15
mveOriginalGriff20-Jun-18 4:15 
GeneralPerhaps an Example Pin
W Balboos, GHB18-Jun-18 1:32
W Balboos, GHB18-Jun-18 1:32 
GeneralRe: Perhaps an Example Pin
Ravi Bhavnani18-Jun-18 7:45
professionalRavi Bhavnani18-Jun-18 7:45 
GeneralRe: Perhaps an Example Pin
W Balboos, GHB18-Jun-18 7:48
W Balboos, GHB18-Jun-18 7:48 
GeneralCould we actually afford to use it for real-world stuff? Pin
PeejayAdams18-Jun-18 1:12
PeejayAdams18-Jun-18 1:12 
GeneralRe: Could we actually afford to use it for real-world stuff? Pin
Eddy Vluggen18-Jun-18 23:59
professionalEddy Vluggen18-Jun-18 23:59 
GeneralRe: Could we actually afford to use it for real-world stuff? Pin
PeejayAdams19-Jun-18 1:12
PeejayAdams19-Jun-18 1:12 
Someone has to pay the electric bill!

The average BC transaction already sucks up as much energy as the average household uses in a month and that will only grow with the length and complexity of its blockchain.

Yes, oil is a filthy, filthy business, the world is being strip-mined and we are drowning in our own non-biodegradable synthetic waste products. Those are entirely different issues. None of these things alter, in any way whatsoever, the unavoidable fact that blockchain is not a viable technology for universal usage - either ecologically or economically. If conventional monetary systems were to use it or be replaced by it, there simply wouldn't be enough energy in the world to sustain it nor would there be enough money to pay for it. Money would soon cost more money to process than it was worth.

I'd call such a lack of scalability a slight flaw in the algorithm, wouldn't you?
98.4% of statistics are made up on the spot.

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