Sort of. It's a similar cryptographic hash chain type structure. I believe it's a DAG.
Block chain skepticism has gotten as silly as block chain hype. A block chain is a perfectly valid and sometimes useful structure with some very interesting properties, but it won't cure cancer and make a unicorn fly out of every nose.
> Block chain skepticism has gotten as silly as block chain hype.
Naw. Technologies that are ecological disasters whose only purpose in the last 10+ years is to serve as a platform for fraud and enrichment of early adopters.... they deserve heaps of criticism.
> Block chain skepticism has gotten as silly as block chain hype.
Is it though?
My admittedly simple understanding is that blockchain is a distributed ledger that suffers from consensus based attacks; as in it's pretty much useless unless the cluster is massive and shared between lots of parties that couldn't really out-compute each other.
Thus the criticisms aren't really "this can never work" but simply, this is usually a waste of compute power and energy compared to a non-distributed version, especially when it's one of these singular company examples.
Would be interested in hearing what's the use cases are.
If you use git as intended having a single source of truth (a branch that represents master / deployment) and allows others to submit patches that are then approved to master the data model is very similar to a blockchain.
75dvtwin|6 years ago
https://news.ycombinator.com/item?id=9436847
api|6 years ago
Block chain skepticism has gotten as silly as block chain hype. A block chain is a perfectly valid and sometimes useful structure with some very interesting properties, but it won't cure cancer and make a unicorn fly out of every nose.
spookthesunset|6 years ago
Naw. Technologies that are ecological disasters whose only purpose in the last 10+ years is to serve as a platform for fraud and enrichment of early adopters.... they deserve heaps of criticism.
ownagefool|6 years ago
Is it though?
My admittedly simple understanding is that blockchain is a distributed ledger that suffers from consensus based attacks; as in it's pretty much useless unless the cluster is massive and shared between lots of parties that couldn't really out-compute each other.
Thus the criticisms aren't really "this can never work" but simply, this is usually a waste of compute power and energy compared to a non-distributed version, especially when it's one of these singular company examples.
Would be interested in hearing what's the use cases are.
zitterbewegung|6 years ago
If you use git as intended having a single source of truth (a branch that represents master / deployment) and allows others to submit patches that are then approved to master the data model is very similar to a blockchain.
dilutedh2o|6 years ago