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Blockchain "technology" is fucking stupid and so are you. Here's why

there is no upside to blockchain "technology". it'...
Pea-brained shrine patrolman
  05/26/17
proof of stake will eliminate the electricity problem, and E...
deranged irradiated space marketing idea
  05/26/17
...
rusted trailer park liquid oxygen
  06/21/17
It's coming...
hot saffron quadroon skinny woman
  09/15/18
Any updates?
Pea-brained shrine patrolman
  10/21/18
...
maize bat-shit-crazy sanctuary
  10/31/18
https://coinmarketcap.com/currencies/boolberry/ Wow
Pea-brained shrine patrolman
  10/31/18
...
maize bat-shit-crazy sanctuary
  11/06/18
wait 2 weeks.
anal jew national
  08/13/20
...
Pea-brained shrine patrolman
  06/13/22
where are we on this
Buff mischievous pocket flask center
  11/11/22
...
Pea-brained shrine patrolman
  11/11/22
any progress on increasing the transactions per second?
garnet aphrodisiac crackhouse
  05/26/17
proof of stake and longer down the road sharding. the eth...
Puce Rough-skinned Parlour Half-breed
  05/26/17
You have no fucking clue lol
Pea-brained shrine patrolman
  05/30/17
he's actually right about that
rusted trailer park liquid oxygen
  06/21/17
No he isnt.
Pea-brained shrine patrolman
  06/21/17
b-b-b-but THMART CONTRACTH!!
Arousing school cafeteria
  05/26/17
so you think you're smarter than Vitalik Buterin and Vlad Za...
deranged irradiated space marketing idea
  05/26/17
lol so now we trust subhuman slavs?
self-absorbed soul-stirring doctorate
  09/12/17
...
Pea-brained shrine patrolman
  05/26/17
counterpoint: magical asian
marvelous spruce locus
  05/26/17
lol
purple boyish cumskin macaca
  05/30/17
...
marvelous spruce locus
  09/12/17
...
medicated tan home
  09/12/17
except for the part where crypto gets capital flight from TT...
dead native
  05/26/17
this and silk road are literally the only way this has any u...
buck-toothed business firm regret
  10/21/18
...
Pea-brained shrine patrolman
  10/21/18
*cue Kanye West - Black Skinhead*
Godawful house-broken theater volcanic crater
  05/30/17
why are so many big companies investing in this technology?
irate site
  05/30/17
They arent
Pea-brained shrine patrolman
  05/30/17
...
talented piazza
  06/21/17
...
Pea-brained shrine patrolman
  11/12/18
...
Pea-brained shrine patrolman
  06/21/17
...
Pea-brained shrine patrolman
  07/16/17
All these fortune 100 companies spending millions of dollars...
Big Topaz Property
  07/16/17
Yeah the research consists of: hey this shit is slow, ineffi...
Pea-brained shrine patrolman
  07/16/17
...
salmon galvanic gunner ticket booth
  09/08/18
Dumb liberal artist here. Any good links on this shit?
vigorous blood rage juggernaut
  09/12/17
...
exciting meetinghouse
  09/12/17
yeah I'd love to see a white paper on this
silver faggot firefighter
  09/12/17
Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE
Pea-brained shrine patrolman
  10/21/18
...
Pea-brained shrine patrolman
  09/08/18
...
Pea-brained shrine patrolman
  09/15/18
LOL brother: https://www.quora.com/What-are-the-advantages-o...
Mentally impaired cruel-hearted goal in life
  09/15/18
...
Pea-brained shrine patrolman
  10/25/18
https://www.innovationaus.com/2018/10/DTA-goes-cold-on-block...
Pea-brained shrine patrolman
  10/31/18
...
beady-eyed aquamarine locale
  10/31/18
Ouch
Pontificating brunch wagecucks
  10/31/18
https://i.imgur.com/lhGkMjw.jpg
Pea-brained shrine patrolman
  10/31/18
https://twitter.com/MapleChangeEx/status/1056582662435954688...
Pea-brained shrine patrolman
  10/31/18
...
Claret Whorehouse Partner
  10/31/18
Energy cost of 'mining' bitcoin more than twice that of copp...
Pea-brained shrine patrolman
  11/06/18
...
maize bat-shit-crazy sanctuary
  11/06/18
This is kind of a dumb article and paper.
bat shit crazy rose organic girlfriend
  11/12/18
(Dumb fuck)
Pea-brained shrine patrolman
  11/14/18
just do compare apples to oranges
bat shit crazy rose organic girlfriend
  11/14/18
...
khaki hominid
  11/12/18
no u
irate site
  11/14/18
"breaking news as corporate America discovers that &quo...
Pea-brained shrine patrolman
  11/19/18
https://www.coindesk.com/bitcoin-mining-firm-giga-watt-decla...
Pea-brained shrine patrolman
  11/21/18
A painful lesson
Pea-brained shrine patrolman
  11/24/18
Lmao We documented 43 blockchain use-cases through intern...
Pea-brained shrine patrolman
  11/30/18
IBM has a blockchain business https://www.ibm.com/blockcha...
irate site
  11/30/18
With zero real world use-case!
Pea-brained shrine patrolman
  11/30/18
What’s the potential ROI of IBM Blockchain? We commis...
irate site
  11/30/18
...
Pea-brained shrine patrolman
  12/11/18
...
Pea-brained shrine patrolman
  08/13/20
...
Pea-brained shrine patrolman
  08/13/20
ETH to 430 ofs
cobalt yapping base
  08/13/20
...
Pea-brained shrine patrolman
  01/11/21
...
Pea-brained shrine patrolman
  01/21/21
...
Pea-brained shrine patrolman
  01/23/22
Lol at xo
Pea-brained shrine patrolman
  11/11/22


Poast new message in this thread



Reply Favorite

Date: May 26th, 2017 4:14 PM
Author: Pea-brained shrine patrolman

there is no upside to blockchain "technology". it's a database with comically low throughput that wastes an absurd amount of electricity. why is there such a a buzz about it? because people are stupid, especially when it comes to technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402847)



Reply Favorite

Date: May 26th, 2017 4:16 PM
Author: deranged irradiated space marketing idea

proof of stake will eliminate the electricity problem, and ETH is on its way to implementing that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402868)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: rusted trailer park liquid oxygen



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611186)



Reply Favorite

Date: September 15th, 2018 5:02 PM
Author: hot saffron quadroon skinny woman

It's coming...

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815263)



Reply Favorite

Date: October 21st, 2018 2:56 AM
Author: Pea-brained shrine patrolman

Any updates?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065915)



Reply Favorite

Date: October 31st, 2018 5:16 AM
Author: maize bat-shit-crazy sanctuary



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130633)



Reply Favorite

Date: October 31st, 2018 5:18 AM
Author: Pea-brained shrine patrolman

https://coinmarketcap.com/currencies/boolberry/ Wow

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130637)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: maize bat-shit-crazy sanctuary



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168865)



Reply Favorite

Date: August 13th, 2020 1:39 AM
Author: anal jew national

wait 2 weeks.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748584)



Reply Favorite

Date: June 13th, 2022 8:39 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#44678788)



Reply Favorite

Date: November 11th, 2022 5:47 PM
Author: Buff mischievous pocket flask center

where are we on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479273)



Reply Favorite

Date: November 11th, 2022 5:51 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479284)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: garnet aphrodisiac crackhouse

any progress on increasing the transactions per second?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402878)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: Puce Rough-skinned Parlour Half-breed

proof of stake and longer down the road sharding.

the ethereum network has a fair bit of runway before it runs into severe scaling problems.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402898)



Reply Favorite

Date: May 30th, 2017 3:33 PM
Author: Pea-brained shrine patrolman

You have no fucking clue lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429784)



Reply Favorite

Date: June 21st, 2017 4:14 PM
Author: rusted trailer park liquid oxygen

he's actually right about that

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611194)



Reply Favorite

Date: June 21st, 2017 4:35 PM
Author: Pea-brained shrine patrolman

No he isnt.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611426)



Reply Favorite

Date: May 26th, 2017 4:18 PM
Author: Arousing school cafeteria

b-b-b-but THMART CONTRACTH!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402882)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: deranged irradiated space marketing idea

so you think you're smarter than Vitalik Buterin and Vlad Zamfir?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402891)



Reply Favorite

Date: September 12th, 2017 5:03 AM
Author: self-absorbed soul-stirring doctorate

lol so now we trust subhuman slavs?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191035)



Reply Favorite

Date: May 26th, 2017 4:20 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402892)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: marvelous spruce locus

counterpoint: magical asian

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402896)



Reply Favorite

Date: May 30th, 2017 3:51 PM
Author: purple boyish cumskin macaca

lol

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429900)



Reply Favorite

Date: September 12th, 2017 1:27 AM
Author: marvelous spruce locus



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34190701)



Reply Favorite

Date: September 12th, 2017 5:05 AM
Author: medicated tan home



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191038)



Reply Favorite

Date: May 26th, 2017 4:21 PM
Author: dead native

except for the part where crypto gets capital flight from TTT countries due to being easy to buy, hard to seize. which makes your scamcoin moon.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33402897)



Reply Favorite

Date: October 21st, 2018 3:11 AM
Author: buck-toothed business firm regret

this and silk road are literally the only way this has any underlying value

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065939)



Reply Favorite

Date: October 21st, 2018 3:13 AM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065943)



Reply Favorite

Date: May 30th, 2017 3:35 PM
Author: Godawful house-broken theater volcanic crater

*cue Kanye West - Black Skinhead*

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429795)



Reply Favorite

Date: May 30th, 2017 3:49 PM
Author: irate site

why are so many big companies investing in this technology?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429882)



Reply Favorite

Date: May 30th, 2017 3:52 PM
Author: Pea-brained shrine patrolman

They arent

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33429905)



Reply Favorite

Date: June 21st, 2017 4:30 PM
Author: talented piazza



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611375)



Reply Favorite

Date: November 12th, 2018 2:41 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217127)



Reply Favorite

Date: June 21st, 2017 4:05 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33611077)



Reply Favorite

Date: July 16th, 2017 10:29 AM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786180)



Reply Favorite

Date: July 16th, 2017 10:33 AM
Author: Big Topaz Property

All these fortune 100 companies spending millions of dollars on researching block chain should have really listened to OP!!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786210)



Reply Favorite

Date: July 16th, 2017 10:34 AM
Author: Pea-brained shrine patrolman

Yeah the research consists of: hey this shit is slow, inefficient, and insecure as fuck. We'll stick to AWS

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#33786216)



Reply Favorite

Date: September 8th, 2018 4:28 PM
Author: salmon galvanic gunner ticket booth



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770629)



Reply Favorite

Date: September 12th, 2017 5:08 AM
Author: vigorous blood rage juggernaut

Dumb liberal artist here. Any good links on this shit?

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34191041)



Reply Favorite

Date: September 12th, 2017 12:54 PM
Author: exciting meetinghouse



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192858)



Reply Favorite

Date: September 12th, 2017 12:55 PM
Author: silver faggot firefighter

yeah I'd love to see a white paper on this

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#34192864)



Reply Favorite

Date: October 21st, 2018 3:08 AM
Author: Pea-brained shrine patrolman

Watch this https://www.youtube.com/watch?v=O6OgtzhjpGE

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37065937)



Reply Favorite

Date: September 8th, 2018 4:27 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36770625)



Reply Favorite

Date: September 15th, 2018 4:21 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815086)



Reply Favorite

Date: September 15th, 2018 5:10 PM
Author: Mentally impaired cruel-hearted goal in life

LOL brother: https://www.quora.com/What-are-the-advantages-of-blockchain-technology

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#36815301)



Reply Favorite

Date: October 25th, 2018 2:37 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37093414)



Reply Favorite

Date: October 31st, 2018 5:14 AM
Author: Pea-brained shrine patrolman

https://www.innovationaus.com/2018/10/DTA-goes-cold-on-blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130625)



Reply Favorite

Date: October 31st, 2018 5:17 AM
Author: beady-eyed aquamarine locale



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130634)



Reply Favorite

Date: October 31st, 2018 5:20 AM
Author: Pontificating brunch wagecucks

Ouch

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37130640)



Reply Favorite

Date: October 31st, 2018 3:49 PM
Author: Pea-brained shrine patrolman

https://i.imgur.com/lhGkMjw.jpg

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133416)



Reply Favorite

Date: October 31st, 2018 3:51 PM
Author: Pea-brained shrine patrolman

https://twitter.com/MapleChangeEx/status/1056582662435954688

lmfao

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133432)



Reply Favorite

Date: October 31st, 2018 3:53 PM
Author: Claret Whorehouse Partner



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37133446)



Reply Favorite

Date: November 6th, 2018 5:32 AM
Author: Pea-brained shrine patrolman

Energy cost of 'mining' bitcoin more than twice that of copper or gold

https://www.theguardian.com/technology/2018/nov/05/energy-cost-of-mining-bitcoin-more-than-twice-that-of-copper-or-gold

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168859)



Reply Favorite

Date: November 6th, 2018 5:35 AM
Author: maize bat-shit-crazy sanctuary



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37168864)



Reply Favorite

Date: November 12th, 2018 2:46 PM
Author: bat shit crazy rose organic girlfriend

This is kind of a dumb article and paper.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217156)



Reply Favorite

Date: November 14th, 2018 1:17 PM
Author: Pea-brained shrine patrolman

(Dumb fuck)

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231225)



Reply Favorite

Date: November 14th, 2018 1:26 PM
Author: bat shit crazy rose organic girlfriend

just do compare apples to oranges

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231284)



Reply Favorite

Date: November 12th, 2018 2:42 PM
Author: khaki hominid



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37217133)



Reply Favorite

Date: November 14th, 2018 1:19 PM
Author: irate site

no u

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37231236)



Reply Favorite

Date: November 19th, 2018 1:53 PM
Author: Pea-brained shrine patrolman

"breaking news as corporate America discovers that "blockchain tech" is just a slow fucking database"

https://mobile.twitter.com/katherineykwu/status/1062092777742389253



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37264039)



Reply Favorite

Date: November 21st, 2018 2:31 PM
Author: Pea-brained shrine patrolman

https://www.coindesk.com/bitcoin-mining-firm-giga-watt-declares-bankruptcy-owing-millions

U.S.-based bitcoin mining firm Giga Watt has declared bankruptcy with millions still owed to creditors.

The firm filed for Chapter 11 bankruptcy at a court in the Eastern District of Washington on Monday, revealing that it still owes its biggest 20 unsecured creditors nearly $7 million in court documents seen by CoinDesk.

Creditors include the utilities provider in its Douglas County base, having a claim of over $310,000, and electricity provider Neppel Electric, which is owed almost half a million dollars.

Giga Watt has estimated assets worth less than $50,000, whereas estimated liabilities are in the range of $10–50 million, according to the court documents.

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37277896)



Reply Favorite

Date: November 24th, 2018 11:58 PM
Author: Pea-brained shrine patrolman

A painful lesson

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37295713)



Reply Favorite

Date: November 30th, 2018 4:21 PM
Author: Pea-brained shrine patrolman

Lmao

We documented 43 blockchain use-cases through internet searches, most of which were described with glowing claims like “operational costs… reduced up to 90%,” or with the assurance of “accurate and secure data capture and storage.” We found a proliferation of press releases, white papers, and persuasively written articles. However, we found no documentation or evidence of the results blockchain was purported to have achieved in these claims. We also did not find lessons learned or practical insights, as are available for other technologies in development.

We fared no better when we reached out directly to several blockchain firms, via email, phone, and in person. Not one was willing to share data on program results, MERL processes, or adaptive management for potential scale-up. Despite all the hype about how blockchain will bring unheralded transparency to processes and operations in low-trust environments, the industry is itself opaque. From this, we determined the lack of evidence supporting value claims of blockchain in the international development space is a critical gap for potential adopters.

http://merltech.org/blockchain-for-international-development-using-a-learning-agenda-to-address-knowledge-gaps/

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328692)



Reply Favorite

Date: November 30th, 2018 4:25 PM
Author: irate site

IBM has a blockchain business

https://www.ibm.com/blockchain

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328711)



Reply Favorite

Date: November 30th, 2018 4:33 PM
Author: Pea-brained shrine patrolman

With zero real world use-case!

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37328752)



Reply Favorite

Date: November 30th, 2018 5:38 PM
Author: irate site

What’s the potential ROI of IBM Blockchain?

We commissioned a Forrester Total Economic Impact™ (TEI) report to help you identify the cost, benefits, flexibilities and risk factors of working with IBM Blockchain. The research is based on Forrester’s TEI methodology, financial model framework and case studies, plus interviews with IBM Blockchain stakeholders and customers. Register now to watch our latest webinar and read the report to project your cost savings and the business benefits of working with IBM Blockchain.



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37329044)



Reply Favorite

Date: December 11th, 2018 3:43 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#37390407)



Reply Favorite

Date: August 13th, 2020 1:37 AM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40748579)



Reply Favorite

Date: August 13th, 2020 8:43 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752641)



Reply Favorite

Date: August 13th, 2020 9:15 PM
Author: cobalt yapping base

ETH to 430 ofs

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#40752787)



Reply Favorite

Date: January 11th, 2021 12:56 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41730543)



Reply Favorite

Date: January 21st, 2021 12:32 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#41798339)



Reply Favorite

Date: January 23rd, 2022 7:22 PM
Author: Pea-brained shrine patrolman



(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#43834511)



Reply Favorite

Date: November 11th, 2022 5:40 PM
Author: Pea-brained shrine patrolman

Lol at xo

(http://www.autoadmit.com/thread.php?thread_id=3627471&forum_id=2#45479243)