Ten years in, nobody has come up with a use for blockchain


181 bookmarks. First posted by PeterMHoward 29 days ago.


Ten years in, nobody has come up with a use for blockchain (via 's newsletter)…
from twitter_favs
3 days ago by parsingphase
“Someone starting from a human perspective on banking security—who is currently harmed and how can we help them?—would come up with something very different from blockchain.… In conversations with bitcoin entrepreneurs and investors and consultants, there was often a lack of knowledge or even interest in how the jobs were being done today or what the value to the end user was.”
technology  security  cryptography  business  bitcoin 
4 days ago by syskill
One view of blockchain, cryptocurrency and bitcoin.
blockchain  cryptocurrency  technology  2017  economics 
15 days ago by ajohnson1200
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.

Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?

Blockchain enthusiasts often act as if the hard part is getting money from A to B or keeping a record of what happened. In each case, moving money and recording the transaction is actually the cheap, easy, highly-automated part of a much more complex system.
culture-and-technology 
15 days ago by miletich
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
blockchain  bitcoin 
17 days ago by since1968
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
17 days ago by theory
INTERESTING: "Ten years in, nobody has come up with a use for " by Kai Stinchcombe via
from twitter_favs
17 days ago by gnat
うーん、まぁこれからなのでは。
bitcoin  blockchain 
17 days ago by summerwind
Ten years in, nobody has come up with a use for
blockchain  from twitter_favs
19 days ago by nigeljames
QUOTE after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
3PW  QN 
19 days ago by lafgrp
Nice review of what practical applications the blockchain actually has.
technology  blockchain 
19 days ago by andy47
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
20 days ago by rdr
Great, good, and correct
bitcoin 
20 days ago by yorksranter
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING.
20 days ago by pitiphong_p
RT : “Ten years in, nobody has come up with a use for blockchain” by Kai Stinchcombe HT
from twitter
20 days ago by jamesofputney
Ten years in, nobody has come up with a use for blockchain
from twitter
21 days ago by friedelitis
| if you read one article this year about the blockchain and cryptocurrency in general, let it be this one etc
from twitter
21 days ago by drac
this is a very good read RT @yonatanzunger: “Ten years in, nobody has come up with a use for blockchain”
blockchain 
21 days ago by Chronologos
"Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?"
22 days ago by jonerp
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. via Pocket
Pocket 
22 days ago by driptray
RT : Ten years in, nobody has come up with a use for blockchain
from twitter
23 days ago by wjlroe
Ten years in, nobody has come up with a use for blockchain
from twitter_favs
23 days ago by acdha
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
23 days ago by fugaz
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING.
Archive 
23 days ago by pfhawkins
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
24 days ago by svs
“Someone starting from a human perspective on banking security—who is currently harmed and how can we help them?—would come up with something very different from blockchain!”
economics  design  money  culture  internet 
24 days ago by leereamsnyder
Ten years in, nobody has come up with a use for blockchain via Instapaper http://ift.tt/2D46OVa
IFTTT  Instapaper 
24 days ago by richardcherron
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
24 days ago by kohlmannj
this is a very good read RT @yonatanzunger: “Ten years in, nobody has come up with a use for blockchain”
calibre-recipe 
25 days ago by personalnadir
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.

Each purported use case — from payments to legal documents, from escrow to voting systems—amounts to a set of contortions to add a distributed, encrypted, anonymous ledger where none was needed. What if there isn’t actually any use for a distributed ledger at all? What if, ten years after it was invented, the reason nobody has adopted a distributed ledger at scale is because nobody wants it?
Blockchain  cryptocurrencies  Bitcoin  technology  innovation  review  critique  author:KaiStinchcombe  HackerNoon  2017 
25 days ago by inspiral
Ten years in, nobody has come up with a use for blockchain
from twitter
25 days ago by jackysee
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless…
from instapaper
25 days ago by aburgel
Everyone says the blockchain, the technology underpinning cryptocurrencies such as bitcoin, is going to change EVERYTHING. And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the blockchain—besides currency speculation and illegal transactions.
bitcoin 
25 days ago by beajeanm