RT @el33th4xor: "Seventy-seven per cent of live enterprise blockchain networks have little in common with multi-party consensus systems apart from incorporating some of the same technology components (e.g. cryptography, p2p networking) and using similar nomenclature."
"Seventy-seven per cent of live enterprise blockchain networks have little in common with multi-party consensus systems apart from incorporating some of the same technology components (e.g. cryptography, p2p networking) and using similar nomenclature."
The latest report from CCAF just dropped and it's a deep dive, as usual. The topic this time is enterprise blockchains (or blockchain "memes" in many cases). It was a pleasure contributing to it and working with @mrauchs@ApollineBlandin and Keith Bear. Check it out! https://t.co/iATYZmv5Bz
Like the other responder, no one has ever brought it up. A lot of my customers use AWS in some capacity, but it's not this. If I were to guess, Amazon's blockchain product is likely less than 1% of their AWS revenue. And even then, it's probably only really been used for testing.
Brother works in information systems management for food companies and I can confirm - noone uses blockchain for anything. These companies are doing actual work. Their databases and systems are already extremely convuluted. They are all working to make them less so.
They have this system and this system and they want this report to come from both of them and they need merged or re-written and blah blah. Noones problem is global consensus or immutability and my brother, who will bore you to tears if you actually let him start talking about his work, has never remotely at all even talked about blockchain with a client. It's ridiculous. I asked him about it and he was like 'what? No dude' and then he listed Python and whatever other stuff they use. I stopped listening.
But it's funny that my brother works in data management for big corps and the only place I talk about block chain is here. Hehe.
This is the question of our time,how can we know anything is true without blockchain verification. I would ask myself but my transaction is stuck in the mempool with a too low fee and therefore my question is not valid at this time. I may need to accelerate the transaction by rebroadcasting it with a higher fee or something
We may need a second layer solution to effectively scale in order to quantify your feelings. I suggest a Schnorr Signature along with Segregated Witness and a new Network with multiple channels for off chain transaction settlement and verification. If your Oil is there the network will know it and let you know
At my oil company we use schrodingers theory combined with the teachings of The Secret. We close our eyes imagine a full oil tanker very hard, and then open our eyes and via the schrodingers cat mechanism the oil tanker appears 50% of the time. Dont forget to thank the universe for the gift!
Eighty-one per cent of covered networks have a leader entity dominating the governance process (centralised social consensus), and many networks - at least in their current form - use third-party service providers to host and operate nodes on behalf of network participants (centralised network consensus).