Blockchain good, crypto bad

>blockchain good, crypto bad

Attached: C0E43C34-3626-4879-AC30-2DAA95542066.png (900x729, 129K)

Literally, yes. Blockchain solves an important problem in Computer Science. Crypto just creates annoying scammy pajeets.

By being useless without miners?

mining isn't required for a distributed-enough ledger to be trustworthy-enough

Attached: 6615771.jpg (1200x1679, 112K)

> I want a data store
> except let's make it slow and cost a shitload of energy and money to use.
Blockchain without crypto is pretty useless.

blockchain network needs consensus mechanism. otherwise its just a database which all its drawbacks.

ITT: people that don't understand the difference between cryptocurrency, blockchain, and proof of work

Get with the times, gramps. Just because Bitcoin is slow and inefficient, that doesn't mean the rest of the world hasn't moved on like it always has.

I don't have any BTC because of the issues bcore team is failing to address.
Point still stands unless you are using a DPOS system like EOS, you are going to be executing and verifying any deployed code thousands of times. Might be fine, depending on the app.
Pretty shitty if you are just using it as a decentralized data store of immutable events.
Blockchain without crypto is nonsense banker speak trying to confuse the people who failed their intro to CS courses.

imagine not knowing anything but still having such strong opinions

>people who failed their intro to CS courses
obvious projection

Had a 4.0 in all my CS courses throughout my degree and many years experience since.
Imagine blockchain as a shared state model. Crypto is adding the ability to represent value on the shared state. Representation of value is needed to establish reward gradients.
With reward gradients, a blockchain becomes a learning system. Without, and it's just a shitty event log.

>global state machine replication is just an event log
also stop conflating terms from ML with databases, you're not remotely as smart as you pretend to be

You should seriously look up "blockchain." Actually research it and learn the current state of it before making these ridiculous claims.

Lying through your teeth. Sounds more like you went to a "coding" program at your local community college.

Why not use ML terms to understand large distributed systems? It's the closest analogy we have.
Money flow represents gradients. Wealth represents weights. Taxation is an regularizer on gradient magnitude.
Many of the reward gradients are completely broken in society, which is the main value of crypto. Now we have the tools to fix them.
Sorry if you don't believe or feel like you missed out or whatever your issues are.
Not my problem though

Attached: CXJOb_CWsAA5Bvv.png (600x338, 53K)

Sorry this happened to you, most failed their intro to CS course. It's hard when you've only been taught to regurgitate facts from a broken system.
We can fix it with crypto, if only the general public weren't full of CS101 failures

This is retarded.

Change it to: Does society need databases? Yes? Do you like money? Invest in blockchain. Dumb fuck

t. pajeet that took a javascript course once in high school

Distributed systems and ML have literally nothing in common.

that's a pretty clever flowchart without any glaring mistakes... where'd you steal that from?

Are you seriously bragging about passing a two-year program at your community college? You know they just hand out "degrees" (or probably certificates, in your case) like candy

>alts good bitcoin bad

> Learning systems have nothing in common
I'm out, can't reason and can't even move to interesting points of conversation. Enjoy your confusion I guess

Blockchain without representation of value is useless. Think about it.

>Money flow represents gradients.
just no

>Wealth represents weights.
maybe in the most abstract sense in a proof of stake system, otherwise just no

>Taxation is an regularizer on gradient magnitude
just no

Distributed systems are in every sense of the word multiuser distributed databases. Hence the transaction and sharding terminology which comes FUCKING DIRECTLY from database tech.

KYS pajeet and stick to HTML

That is somewhat true. You have still yet to prove that Bitcoin is an accurate representation of blockchain as a whole.

> Distributed systems are in every sense of the word multiuser distributed databases
I agree but the representation of value turns it into a learning system.
Children, you need to stop telling people to KYS. Especially in the crypto community where some people are actually doing that.
If you think our conflict of opinions is worth raging at, you have not talked with normies in quite a while and have a very skewed perception of what uniformed opinions can be.