@theymos, I Suggest A New Section of Bitcointalk for 'Blockchain Developments'

[olumyd]

Given the increase in the rabid blockchain adoption in the classic centralized industries - outside the scope of bitcoin and altcoins, it would be nice to have a section of this forum dedicated to the discussions of these developments. This way members of the decentralized world can keep a close and organized tab on how these developments unfold beyond just speculations and baseless criticism.

I suggest that the proposed section of the board should have the qualities of a critical outlook on the technologies being adopted by centralized entities such as banks, other financial institutions, and non-fintech applications, to focus on their infrastructural design, consensus model, and anything else that resembles distributed ledger technology or blockchain design.

This will give Bitcointalk forum a more quality overlook and could be a go-to-place for blockchain adoption metrics outside crypto.

Besides, what better way to conquer centralization than an infestation of their infrastructural ideologies, right?



PS: Not sure if anyone else has suggested this in the past though, but it would be nice to have it implemented.

[hacker1001101001]

Yes, I think it would be nice to see a section dedicated to Blockchain tech realted discussion specifically. I see most of this discussion just curbed under the lumbs of shit in the altcoin boards.

Blockchain technology adoption is surely increasing rapidly in most of industries in the world and it has applications basically in every field of the mordern world. And ofcourse, this would attract more interest onto the forum.

I would support having a dedicated section for it.

[Bitcoin_Arena]

Correct me if i am wrong. I thought the Project Development section catered for all this.

After all i currently see about blockchain are majorly projects hinged around "currencies" or "Token"
I haven't yet seen a blockchain project/solution that is out of the box away from what Bitcoin tried to start off(Cryptocurrencies, decentralization, fewer fees etc). It makes me feel as though blockchain is kind of overrated.

[hacker1001101001]

Correct me if i am wrong. I thought the Project Development section catered for all this.

No. Project Development section is dedicated to only Bitcoin realted projects. It clearly states " Organization of Bitcoin and related projects, bounty campaigns, advertising etc.". But overall Blockchain technology has many other uses and advantages, other than just used as an system for cryptocurrency.

After all i currently see about blockchain are majorly projects hinged around "currencies" or "Token"

Yes, that's the state on the forum only, as I said most of the discussion in burried in the altcoin sections. Probably you should explore more about it, I guess.

[Bitcoin_Arena]

Yes, that's the state on the forum only, as I said most of the discussion in burried in the altcoin sections. Probably you should explore more about it, I guess.

You will be surprised that I do check out the altcoin sections too. I haven't seen any unique project thou. Something outside the scope of what BTC started.
All i see is
- Think about project and gather a team
- Call it a blockchain solution(sometimes it doesn't even solve the real world problems, just a way of marketing)
- Create token/coin, website, whitepaper.
- Announce it on bitcointalk
- Organize sales
- List in an exchange
- End of mission.

[Last of the V8s]

The forum lent altcoins some legitimacy and they scammed us out of our bitcoins. Every single one.
Let's not do it again for the charlatans of the corporate world.
Put your reasoned criticisms to whoever mentions 'blockchain technology' and let that be that.

[olumyd]

The forum lent altcoins some legitimacy and they scammed us out of our bitcoins. Every single one.
Let's not do it again for the charlatans of the corporate world.
Put your reasoned criticisms to whoever mentions 'blockchain technology' and let that be that.

The community is becoming wiser as the scope evolves. Most people now understand what DYOR means and the clause 'don't invest more than you're willing to lose.' However, I'm not talking about a section of bitcointalk that will be spammed with shitcoin or shitproject promos. What I'm suggesting is something that truly educates one on why blockchain technology is expanding, and not just limiting it to DLT adoption, but the finer approaches.

For example, the Australian Securities Exchange recently announced it is in the process of replacing its CHESS program with blockchain-based Customer Development Environment (CDE). Frankly, while they may explain why, I have no idea what they are talking about. I honestly believe there are experts in this forum and possible people who have worked with the exchange - crypto can be that diverse, who can help throw more light on such exploits and why it matters to the exchange either from an insider's perspective or otherwise.

Let's face it, the subject Bitcoin and blockchain has proliferated into many different economic circles, and while the future of the decentralized world doesn't necessarily depend on the outcome of the centralized systems (whether or not they adopt blockchain), it's important to understand their angle/point of interest in order to amplify the raison d'être of Bitcoin in conjunction with these systems adopting the underlying technology. It's like saying without Bitcoin and the blockchain, none of these systems - banks, IBM and the likes would have come out of ice age; therefore a strong fundamental for Bitcoin.

[Last of the V8s]

It's a meaningless fad.
The Bitcoin blockchain is not bad at holding money, great big gobs of capital, and is very bad at everything else. (except maybe timestamping/notarisation)
Other blockchains can't even hold capital, and are very bad at everything else. Not enough proof of work.
Which is why people who value their capital in fiat are so frightened that they try to subvert Bitcoin not least with these long-repudiated scams of 'blockchain-not-bitcoin'.

None of these corporations are getting out of the 'ice age' unless they adopt Bitcoin. Not 'blockchain'.
Entertaining anything else lends them some hope, which is unrealistic and unkind.

[r1s2g3]

It's like saying without Bitcoin and the blockchain, none of these systems - banks, IBM and the likes would have come out of ice age; therefore a strong fundamental for Bitcoin.

The way currently "blockchain" is used as buzzword without making anything useful (and in most case used for scamming money) does not make any strong fundamental for BTC.

Re look at Australian Securities Exchange article, it does not contain any basic details like what is current problem is in system and how new "blockchain" platform will solve it but you look excited because it contain buzzword "blockchain".

There was demand for creation for "Project Development" Board in Altcoin section and I support the creation of that board.

It's a meaningless fad.

+1

None of these corporations are getting out of the 'ice age' unless they adopt Bitcoin. Not 'blockchain'.
Entertaining anything else lends them some hope, which is unrealistic and unkind.

They all have their own agenda of having their own blockchain and it is very unlikely they will adopt bitcoin.

[theymos]

It's a meaningless fad.

Agreed. I've heard very few worthwhile use-cases for "blockchain tech". When companies say "blockchain", they usually mean "broadcast everything to everyone and expect them to store it", which doesn't scale and isn't a new concept anyway. The real application of blockchains - decentralized timestamping - can be very useful, but it's not a holy grail.

It reminds me of this (replace "cloud" with "blockchain"): https://www.youtube.com/watch?v=9ntPxdWAWq8

[DooMAD]

The discussion would be somewhat short-lived when almost every topic ends with "... and that's why it's not sustainable and will quickly centralise, making it no better than a regular database". 

Problem is, it's not exactly easy to create an alignment of incentives to secure a blockchain in a decentralised fashion even when it is a currency.  It becomes that much harder when it's just for tracking goods, storing data, or whatever else these companies are attempting to do.  It really would be an innovation if they got it right, but it remains to be seen that they will.