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1. Rowan (rowan@social.coop)'s status on Wednesday, 22-Nov-2017 17:08:07 EST Rowan

   hey, mastodon, i’m interested in hearing some arguments for and against blockchain use for misc purposes

   1. Mayel - ghost account (mayel@social.coop)'s status on Wednesday, 22-Nov-2017 17:24:20 EST Mayel - ghost account

      in reply to

      @rowan this is from a crypto engineer I know, who says for most use cases a blockchain is the wrong way to go:
      https://social.coop/media/I_3cEkPWX-d6dYJfNRY

   2. fridaysforfuture, but everyday (paulfree14@todon.nl)'s status on Wednesday, 22-Nov-2017 17:21:09 EST fridaysforfuture, but everyday

      in reply to

      @rowan
      computer calculating until they found a randomly number that fits. the implemented concept of 'proof of work' just turned it into a energy consuming monster searching for random numbers
      And that's all cause in capitalism people have trouble to imagine a different way of exchange then trading, with even more advanced development.
      Trading is mostly done in untrusted enviorments. And that's what they are marketizing. The fear of trusting each other
      (that was more a btc critic)

   3. Nate Cull (natecull@mastodon.social)'s status on Wednesday, 22-Nov-2017 18:22:33 EST Nate Cull

      in reply to

      @rowan Arguments against:

      1. It's utterly wasteful and is designed to literally ANTI-scale.

      2. It's not decentralised, three guys in China end up running everything

      3. It's not private, everything everyone does anywhere is logged forever. Anyone can run analytics on that data and find all sorts of exciting matches.

      4. The log becomes HUGE, see #3 and #1.

      Arguments for:

      1. It's trendy.