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Quote: I’m shocked with all those “No” votes
May I ask in which field you are using "Blockchain Technology"?
It does not solve my Problem, but it answers my question
modified 19-Jan-21 21:04pm.
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What! you guys seem to think this is a currency designed to be used, it is for investment gambling, not transaction processing.
Never underestimate the power of human stupidity
RAH
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Mycroft Holmes wrote: it is for investment gambling
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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So young. So cynical.
cheers
Chris Maunder
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Chris Maunder wrote: So young. So cynical. So accurate.
FTFY! 
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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Meanwhile, lets sell some tulips to the Dutch.
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You'd have more luck with papavers.
GCS d-- s-/++ a- C++++ U+++ P- L+@ E-- W++ N+ o+ K- w+++ O? M-- V? PS+ PE- Y+ PGP t+ 5? X R+++ tv-- b+(+++) DI+++ D++ G e++ h--- ++>+++ y+++* Weapons extension: ma- k++ F+2 X
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At least if you grow the right (medicinal) type. 
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Tulips have little intrinsic value. BitCoin does. The fact that everyone with money jumps on the bandwagon and is selling bridges is nothing new.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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What the elephant is Blockchain - and why should I know about it? 
Anything that is unrelated to elephants is irrelephant
Anonymous
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The problem with quotes on the internet is that you can never tell if they're genuine
Winston Churchill, 1944
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Never argue with a fool. Onlookers may not be able to tell the difference.
Mark Twain
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It's a new buzzword technology that is reliant on exponentially expanding disk space and processing power in order to be viable for any extended length of time. Since neither disk space, processing power, or the electricity they require is infinite, blockchain and the technology built on it will eventually collapse under their own weight. 
I will get of my soapbox now
if (Object.DividedByZero == true) { Universe.Implode(); }
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Sometimes I think blockchain was given to us by aliens so we could destroy our planet and then they could take it over without fighting...
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No. That was JavaScript.
- I would love to change the world, but they won’t give me the source code.
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So move it to the Cloud - that's infinitely expandable if you listen to the fanbois. 
Sent from my Amstrad PC 1640
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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Maybe the CP Lounge threads could be set up as a block-chain and we can then evaluate how well it works; get a report from complimenters, as well.
Thereafter, this survey can be reposted and an change in opinions can be evaluated. While at it, the survey could be block-chained, as well.*
* Some of us prefer using satin scarves instead of chains.
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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I was going to post a meaningful reply, but doing so would invalidate the authenticity of the chain.
/ravi
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You could have used this.[^].
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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With Bitcoin alone using more electricity than Ireland, is blockchain really a sustainable technology?
98.4% of statistics are made up on the spot.
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That's a nonsense-argument; how much energy does SWIFT consume? Or the mining of silver and oil?
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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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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PeejayAdams wrote: Someone has to pay the electric bill!
Yes, because "mining" requires resources. The difference is that you could mine with electricity from environmentally-friendly options, where traditional mining is always polluting. The miner pays the cost, and it's the miners' risc.
PeejayAdams wrote: 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, but only with BC that is touted as a problem. It is not a problem if your normal bank-transactions use electricity, or when gold is mined using a lot of chemicals and oil. Be honest and compare it to something, instead of just pointing out that it uses resources. Wouldn't have much value if you could get a trading-token without using resources, would it?
PeejayAdams wrote: 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.
That's a rediculous "if".
PeejayAdams wrote: Money would soon cost more money to process than it was worth.
Now you are doing as if the cost of mining is equal to the cost of processing a transaction. Once mining is no longer economically rewarding, it will stop.
PeejayAdams wrote: I'd call such a lack of scalability a slight flaw in the algorithm, wouldn't you?
And technology does not advance anymore or what?
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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A holy cow rarely wins a horse race.
98.4% of statistics are made up on the spot.
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That's more appropriate than I imagined at first reading; BC is not a traditional horse, in a traditional horse-race.
The market is currently pricing it as an unbeatable horse. Some people are going to be very disappointed.
Even more people will be disapointed when they realize that a public blockchain is not as anonymous as they hoped. The taxman is coming, relentlessly.
Bastard Programmer from Hell
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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