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Longtime Linux/Open-Source Supporter Joins A Blockchain Foundation
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At least cardano is the least ugly branch of the whole crypto-craze (at least that i know of)
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Blockchain (as in decentral consensus system without trust) generally is just a broken concept. It' s only use case is pulling money out of dumb peoples pockets.
A world without any trustworthy entity is just not something we should strive for - or that could work.
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Originally posted by SteamPunker View Post
That's funny, since a lot of people tend to think that blockchain is the future, but also think and hope it will have nothing to do with cryptocurrency.
Hence I don't get that mindset. In fact, I feel that blockchain is eroding the reputation of purely digital currency, and eating all the attention of literally any other structure.Last edited by brucethemoose; 21 April 2022, 01:58 PM.
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Originally posted by brucethemoose View Post
Yeah. I think cryptocurrency is the future, but I also think (or perhaps hope) it will have nothing to do with blockchain.
Personally, I believe in the potential of both, as long as the existing challenges (notably the environmental concerns around Proof-of-Work-based cryptocurrencies) are addressed in a reasonable and sustainable way.
Cardano uses a Proof-of-Stake consensus mechanism, which means it doesn't use excessive amounts of energy, like Bitcoin and Ethereum (pre-Merge) do.Last edited by SteamPunker; 21 April 2022, 01:08 PM.
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Originally posted by mangeek View PostI am not a fan of 'Crypto', but I don't think we should automatically cast everything it touches in a bad light. Maybe Cardano is onto something worthwhile; seems like their tech uses a tiny fraction of the energy of many of its peers. I can think of a lot of applications where 'blockchain' could be quite useful; I just don't think virtual currencies (and especially trading of them) is it.
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I am not a fan of 'Crypto', but I don't think we should automatically cast everything it touches in a bad light. Maybe Cardano is onto something worthwhile; seems like their tech uses a tiny fraction of the energy of many of its peers. I can think of a lot of applications where 'blockchain' could be quite useful; I just don't think virtual currencies (and especially trading of them) is it.
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Hope he has a good backup plan when this ponzi scheme bubble pops.
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Longtime Linux/Open-Source Supporter Joins A Blockchain Foundation
Phoronix: Longtime Linux/Open-Source Supporter Joins A Blockchain Foundation
Longtime Linux users especially those that frequented Linux conferences/events in pre-COVID times are likely familiar with Dirk Hohndel. Dirk has a well known track record with Linux going back to the 90's, good friend and diving buddy with Linus Torvalds, and now somewhat surprisingly has moved on to promoting a blockchain effort...
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