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Showing posts from August, 2018

Trustless blockchain or not ...

https://www.ccn.com/microsofts-new-ethereum-blockchain-product-gets-rid-of-mining/I understand the use case and philosophy behind this, but similar to IBMs hyperledger fabric and others , what's the point ?  I'm sure the Google's and Amazon's and Alibaba's will have their own version of a enterprise lock you into their ecosystem blockchain as well.  The biggest fallacy in this article is the "trusted enterprise network" comment. Who trusts Microsoft ?  Who trusts IBM?  Sounds like marketing and  slapping blockchain on a product/platform and convincing  the confused VPs and c-level executives this is the way to go. Then the Wipro's of the world will jump in with 25 year olds who have 20 years of blockchain experience and implement it. And people will complain a couple years later and write medium articles  and O'Reilly stories and books on why blockchain fails most of the time.    We know this story.  It plays out the same way all the time now.