(Replying to PARENT post)
Agree, and this quote from the OP's link is humorous in that regard:
"While blockchain is best known for its association with cryptocurrencies, it has applications beyond this field."
This sentiment is just thrown around without evidence. Either a blockchain has an internal reward mechanism to account for the increased costs associated with it's execution or it is simply a more complicated and expensive database looking for a problem to solve...and also is likely not decentralized.
π€PKopπ4yπΌ0π¨οΈ0
(Replying to PARENT post)
Hyperledger Fabric uses Proof of Authority and is still being used for projects. Being antithetical to the crypto crowd it doesn't get the same fanfare. The target user base is very different.
I personally would reach for this tech stack before the permissionless variety, I just don't have anything that needs blockchain.
π€verdvermπ4yπΌ0π¨οΈ0
(Replying to PARENT post)
Considering the prevailing incentives are all criminal, no wonder they failed to "get it" [sic]
π€snotrocketsπ4yπΌ0π¨οΈ0
(Replying to PARENT post)
IBM and Microsoft cater to enterprises. Enterprises whose entrenched positions are challenged by decentralized systems. Centralizing a decentralized system is done either to bootstrap it (optimistic) or embrace, extend, and extinguish it (pessimistic). A corporation alone might not need a blockchain, but has no choice but to participate if thatβs where the market is, and a consensus of participants (no pun intended) is who determines that technology (not corporate procurement).
https://en.wikipedia.org/wiki/Embrace,_extend,_and_extinguis...
π€toomuchtodoπ4yπΌ0π¨οΈ0
(Replying to PARENT post)