www.nettime.org
Nettime mailing list archives

Re: <nettime> Josh Hall: Blockchain could reshape our world – and the fa
Morlock Elloi on Fri, 2 Mar 2018 21:22:18 +0100 (CET)


[Date Prev] [Date Next] [Thread Prev] [Thread Next] [Date Index] [Thread Index]

Re: <nettime> Josh Hall: Blockchain could reshape our world – and the far right is one step ahead (Guardian)


That article is technical nonsense. 'Blockchain' that has PoW consisting of 1.6 second of handset CPU is trivial to fake. And where is the consensus? Car does the same? Or is car running 500KW GPU cluster doing hash verified by ... who? Cheap PoW ("Proof of Work") is contradiction in terms.

This is actually a good illustration of utter bullshit that passes for 'technology'.

We need blockchain powered nettime! BLOCKTIME!

see for instance Porsche's one blockchain per car:

#  distributed via <nettime>: no commercial use without permission
#  <nettime>  is a moderated mailing list for net criticism,
#  collaborative text filtering and cultural politics of the nets
#  more info: http://mx.kein.org/mailman/listinfo/nettime-l
#  archive: http://www.nettime.org contact: nettime {AT} kein.org
#   {AT} nettime_bot tweets mail w/ sender unless #ANON is in Subject: