DEV Community

loading...

Discussion on: What was the most over-hyped software movement?

Collapse
lukewestby profile image
Luke Westby

Blockchain!!!!

Collapse
mortoray profile image
edA‑qa mort‑ora‑y

Yet, tech like blockchain has amazing potential to reduce corruption and improve governance for countries and municipalities. It's too bad the hype is overshadowing this amazing ability.

Collapse
scottishross profile image
Ross Henderson

I've always wondered why governments don't use it in an online voting system. You could register your IP address up with something that identifies you in the gov database and use it for online voting.

Thread Thread
damian profile image
damian

Relevent xkcd

Thread Thread
jmfayard profile image
Jean-Michel Fayard 🇫🇷🇩🇪🇬🇧🇪🇸🇨🇴 • Edited

That rings true, but also there is the simple fact that online voting solves a non-existing problem.

Paper based voting is much simpler and works.

If it doesn't work in the US, do it like in the countries where it works, problem solved.

Collapse
jorgecc profile image
Jorge Castro

Walmart decided to adopt Blockchain for a vital process that requires a lot of data and transaction. It wants blockchain because it's fast and safe.

hyperledger.org/resources/publicat...

However, blockchain is not fast.

I wonder why Walmart picked blockchain?

https://vignette.wikia.nocookie.net/villains/images/1/1e/Phb.png/revision/latest?cb=20100716195552

Collapse
kyleboe profile image
Kyle Boe

The network that Walmart chose to go with is capable of 1 million transactions per second. It may not be as fast a writing to a DB but the tradeoff of trust is worth it IMO.

Thread Thread
jorgecc profile image
Jorge Castro

1 million transactions per second, that's impressible.

I think it is not even blockchain but a distributed system mainly because the bitcoin blockchain runs at 10 transactions per second. And the maximum is around 200 transactions per second (bitcoin cash using a big block).

Thread Thread
stefandorresteijn profile image
Stefan Dorresteijn

Yeah, with the Lightning Network that scales up a bit more, but core Bitcoin is hard to scale

Collapse
tvanantwerp profile image
Tom VanAntwerp

Blockchain: the world's least-efficient linked list!

Collapse
dfockler profile image
Dan Fockler

It's like almost no one really understood that you don't need blockchain if you have a trusted network, which most companies do. So they are basically implementing distributed databases which they probably are already using in some form once we ditched mainframes.

Collapse
stefandorresteijn profile image
Stefan Dorresteijn

Yeah, Blockchain is only useful when decentralization is of utmost importance. It's great for that though.