600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 01:33:52 PM Last edit: February 03, 2021, 03:09:30 PM by 600watt Merited by JayJuanGee (1), Torque (1) |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
edited, stopped offer...
|
|
|
|
|
BobLawblaw
Legendary
Offline
Activity: 1855
Merit: 5634
Neighborhood Shenanigans Dispenser
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 01:42:00 PM |
|
i give 10 merits if one can name me a working blockchain product.
Filecoin.
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 01:42:29 PM |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
Not contending for the price but the Internet wasn't invented at the 1995 level out of the blue. Bitcoin is only around since 2009. Implementing it in the Interwebs and gaining wide acceptance is not a small feat. Especially when still being clunky and having to go against major established conventions and institutions. I tend to look at it differently: the success of our clunky 7 tps Bitcoin proves how much dead wood there is to burn. Imagine an unlimited scaling secure decentralised open network for transactions. We have only seen the tip of the iceberg.
|
|
|
|
|
Biodom
Legendary
Online
Activity: 3864
Merit: 4235
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 01:58:22 PM |
|
i give 10 merits if one can name me a working blockchain product.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case.
|
|
|
|
julian071
|
i give 10 merits if one can name me a working blockchain product.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. Yeah, define "working". Obyte works fine for example. I've ssen many smart contracts actually working, with a clever interface thatallows you to interact with the contract through chatting with it in the wallet. However, no-one is using it, so.... is it 'working'?
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:19:17 PM |
|
i give 10 merits if one can name me a working blockchain product.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. i will check filecoin. with working i mean a sellable product. that gets sold. that has customers. and yes, the attitude is dismissive because i suspect that blockchain is just a database structure and not a technology all by itself. the sellable part should NOT be the token.
|
|
|
|
JimboToronto
Legendary
Online
Activity: 4116
Merit: 4731
You're never too old to think young.
|
Good morning Bitcoinland. Still trucking along sideways in the $3xxxx range... currently $36625USD/$46870CAD (Bitcoinaverage). Almost time for >$40k. Go Bitcoin go. i give 10 merits if one can name me a working blockchain product. other than bitcoin. Bitcoin is not a product. How demeaning. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
|
|
|
|
tertius993
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:38:43 PM |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. i will check filecoin. with working i mean a sellable product. that gets sold. that has customers. and yes, the attitude is dismissive because i suspect that blockchain is just a database structure and not a technology all by itself. the sellable part should NOT be the token. Does bitcoin even meet this definition then?
|
|
|
|
Torque
Legendary
Offline
Activity: 3668
Merit: 5232
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:41:46 PM Merited by JayJuanGee (1) |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. i will check filecoin. with working i mean a sellable product. that gets sold. that has customers. and yes, the attitude is dismissive because i suspect that blockchain is just a database structure and not a technology all by itself. the sellable part should NOT be the token. Does bitcoin even meet this definition then? You're missing the point. Their mantra is "blockchain, not bitcoin" remember? Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than thou blockchain tech. Yet they sell tokens anyway. And without the token they would have nothing.
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:44:30 PM |
|
i give 10 merits if one can name me a working blockchain product.
Filecoin. Filecoin (⨎) is an open-source, public, cryptocurrency and digital payment system intended to be a blockchain-based cooperative digital storage and data retrieval method.[1][2][3][4] It is made by Protocol Labs and builds on top of InterPlanetary File System,[1] allowing users to rent unused hard drive space.[5] A blockchain mechanism is used to register the deals.[6] It is a decentralized storage system that aims to “store humanity’s most important information.” Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
The project was launched in August 2017 and raised over $200 million within 30 minutes.[6][7] It is ranked 45 in terms of Market Cap[8]. how can i find out if it is used and/or making profit - other than selling the token?
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:46:48 PM Merited by JayJuanGee (1) |
|
i give 10 merits if one can name me a working blockchain product.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. Yeah, define "working". Obyte works fine for example. I've ssen many smart contracts actually working, with a clever interface thatallows you to interact with the contract through chatting with it in the wallet. However, no-one is using it, so.... is it 'working'? well, i would say if no one is using it, it is not what i try to find. a successful product... edit: i merited both entries, but i am not convinced. just did not want to appear not sticking to my words. since i am out of merits now, i will stop this offer ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:47:19 PM |
|
Many blockchain projects don't 'sell' tokens. They are simply issued (at once or along the way).
Wouldn't usage be the best measurement stick?
|
|
|
|
tertius993
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:48:44 PM |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin.
Filecoin. @OP-Define 'working' first. A blockchain could be working with not many customers. Having customers is maybe more important than anything else. The original question has a wholly dismissive attitude anyway. You simply want to hear 'none', which is not exactly the case. i will check filecoin. with working i mean a sellable product. that gets sold. that has customers. and yes, the attitude is dismissive because i suspect that blockchain is just a database structure and not a technology all by itself. the sellable part should NOT be the token. Does bitcoin even meet this definition then? You're missing the point. Their mantra is "blockchain, not bitcoin" remember? Or perhaps, "blockchain, not token" because they believe the token part is irrelevant to the holier than tho blockchain tech. Yet they sell tokens anyway. I'm not missing the point. If the sellable part can be the token, then any number of altcoins can be said to be working ... for some definition of working, of course!
|
|
|
|
OutOfMemory
Legendary
Offline
Activity: 1638
Merit: 3309
Man who stares at charts (and stars, too...)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:53:08 PM |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
Oracle DBMS (Sun) *runs away*
|
|
|
|
Torque
Legendary
Offline
Activity: 3668
Merit: 5232
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 02:57:33 PM Last edit: February 03, 2021, 04:05:25 PM by Torque Merited by 600watt (2), xhomerx10 (1), JayJuanGee (1) |
|
A successful, viable blockchain project is one where:
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, perhaps even cheaper tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
|
|
|
|
BobLawblaw
Legendary
Offline
Activity: 1855
Merit: 5634
Neighborhood Shenanigans Dispenser
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 03:03:34 PM |
|
how can i find out if it is used and/or making profit - other than selling the token?
Not sure about that stuff. You asked about a working blockchain product, and Filecoin is really the only technical project out there that interests me beyond Bitcoin. Was actually thinking about running a storage node, and start generating some income by devoting HD space, but I don't have SSD's or a system meeting their server RAM requirements. Don't feel like building one either. Was hoping to use my existing infra. Not going to buy into it, but following the project, as a distributed filesystem interests me. I am concerned about NOT storing illegal content, so, not sure how that stuff can be resolved or monitored. Probably goes against what the coin was built for, but I don't want to be storing CP, for example (and yes, I am aware of being able to extract all manner of crap from the BTC blockchain. Doesn't mean I want to do it or support it.)
|
|
|
|
600watt
Legendary
Offline
Activity: 2338
Merit: 2106
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 03:06:47 PM |
|
A successful, viable blockchain project is one where:
1) You absolutely need the blockchain part, and could not substitute another cleaner, faster, tech to do it better or to replicate the same tech/functionality.
2) The token part serves some purpose other than a form of money or money transfer.
3) The solution is not still looking for a problem that either doesn't exist, or is not really a problem in the real world.
4) The solution is routinely used by hundreds of thousands of people and companies everyday around the world, 24/7/365. Because it is an awesome solution.
Most blockchain projects fail #1 and #2 right out of the gate.
All of them fail #3 and #4, even if they are "working".
this! you say it way better than i did. out of merit, this one deserves several! i think the absence of a product/project that is successful is a hint that it is not a viable technology all together. bitcoin technology is, blockchain "tech" may not even be usable, meaningful tech that can be viewed as progress.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4228
Merit: 8376
'The right to privacy matters'
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 03, 2021, 03:08:00 PM Merited by JayJuanGee (1) |
|
i give 10 merits if one can name me a working blockchain product. other than bitcoin. other than any ETH based erc20 scams or defi scams. i mean in the real world. it has been 12 years since the bitcoin white paper and more than 5 (how many exactly?) years that the "blockchain-not-bitcoin" narrative gets spun.
it took facebook 4 years to reach 1 billion customers.
it took the "blockchain industry" 4 years to develop zero products and therefore zero customers.
and no, BAT token does not count. no blockchain necessary there.
blockchain my ass.
nice title for a book.
LTC and Doge both are asic backed pow coins purchased and sold. https://www.binance.us/en/trade/DOGE_USDThttps://www.binance.us/en/trade/LTC_USDhttps://www.coinbase.com/priceYes they are kind of a knock off of BTC but they serve a purpose. They are decentralized and backed by robust asic net work All pos are a joke eth is a joke what happens if the 'boss' dies eth will be a mess. BTW in 2021 I made more money on Doge during its runup than I made in the prior six months. I had 1,000,000 doge Aquired via merge mining LTC and Doge. I mined 260,000 doge from dec 2017 to Jan 2021. I decide I could easily convert some of the ltc to doge so I sold the ltc for usdt and I purchased the doge with usdt. by jan 1 this year I had 1,000,000 doge. I sold 300,000 for 5100usd early runup in early jan. I sold 450,000 for 18000 usd from Jan 28 to Feb 2. So I have 23100 usd from about a 2500 usd investment or a 20600 profit. And I still have 250,000 doge . So in my book both doge and ltc qualify for your merit give away. Not many other coins that I can think of off hand. Maybe no other coins. Certainly no coin wrapped in defi with eth. As I said what happens to eth if the sole leader dies.
|
|
|
|
|