“The Death of Bitcoin” – Tony Arcieri | $234.43

Last updated on January 2nd, 2018 at 12:00 am

I don’t think Bitcoin is the correct technology to build these sorts of ideas on. I understand and strongly sympathize with the desire to move to decentralized systems and plan on eventually working in that space myself, but between Bitcoin’s efficiency problems and poor tolerance of network partitions, I do not think it’s suitable as a general purpose global decentralized database in the way people want to use it.

 

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