On the dangers of a blockchain monoculture • Tony Arcieri

January 5, 2016 On the dangers of a blockchain monoculture At first there was Bitcoin†: the world’s most successful cryptocurrency to-date. But lately there has been more and more talk about “the Bitcoin blockchain”, “the blockchain”, “blockchain”, or “blockchain technology”. Bloomberg reports that Nasdaq is seeking to show progress using the much-hyped blockchain. LWN notes The Linux Foundation r

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“I feel “blockchain technology” has not delivered a lot of practical value: compared to most payment systems the value Bitcoin moves and the transaction rate are both rather insignificant (中略). Bitcoin is hitting scalability limits under a relatively modest payment volume.”