• Voroxpete@sh.itjust.works
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    8 months ago

    As best I can guess, it looks like they’re just throwing the word blockchain in there so that a16z will hand them $40m in funding.

    • bionicjoey@lemmy.ca
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      8 months ago

      I’m amazed there are still people out there who consider blockchain a positive buzzword.

      • O_i@lemmy.world
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        8 months ago

        Why couldn’t it be a positive word? Assuming you’re disassociating it from bitcoin

        • bionicjoey@lemmy.ca
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          8 months ago

          Because there have yet to be any valuable applications of blockchain. It’s an interesting idea in computer science theory, but you can’t do hardly anything useful with it in the real world.

          • Voroxpete@sh.itjust.works
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            8 months ago

            Minor/pedantic addendum: For all uses of “blockchain” in this thread, I assume we can all agree that we’re talking about “public ledger blockchain” specifically.

            Private blockchains absolutely have their uses, such as being the technology that powers Git. But those uses are still strictly limited to situations where an append only ledger is actually useful, and those are very few indeed.

            But yes, in regards to public ledger blockchain, there are absolutely no valid use cases.