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I think there is a question of terminology here, Blockchain is a concept, Cryptocurrency is an application of that concept. I imagine there are few people on H
by teapot01 8y ago
I think there is a question of terminology here, Blockchain is a concept, Cryptocurrency is an application of that concept.
I imagine there are few people on HN who hate blockchain, it is a useful concept and forms the basis for some very useful technologies i.e. Git version control.
I imagine there are a whole range of reasons for negativity toward Cryptocurrency/Cryptoassets on HN. Personally I think the enormous number of new ICO and currencies being made available is purely driven by greed and fraud. While I see bitcoin and other major coins representing a great new application of the technology, I think it's been over-hyped to the point where I just tune it out.
TL;DR: Crypto != Blockchain. People hate Crypto for many reasons.
- teapot01 8y agoOne more thing. Shoehorning new applications of Blockchain concepts into every new conceivable application, especially where the key advantages, i.e. decentralised trust, distributed consensus are not needed also causes a great deal of hate. But so it should.
- zzzzzzzza 8y agowait, what? Blockchain doesn't form the basis of git version control! What are you smoking?