Decline of Blockchain hype and rise of a common sense

in #bitcoin8 years ago

There is a problem of perception which stems from the fact that people mean different things when they say the word “blockchain”.

  • particular Bitcoin blockchain
  • blockchain as a technology (I would rather say it is an approach)
  • private blockchain as an implementation of an approach

If you mix these things you will probably think something like that:

  • “blockchain can guarantee that certain information can be trusted”
  • “blockchain will validate our transactions”
  • “blockchain can help us to get rid of our servers”

https://medium.com/@pavelkravchenko/decline-of-blockchain-hype-and-rise-of-a-common-sense-8de5789a794d#.ybfiooqyi