Blockchain as an Overhyped Linked List

Description

A black-and-white biblical comic panel reads, "Most people rejected His message." A silhouetted speaker says, "Blockchains are just overhyped linked lists," while a crowd replies, "Shut up!" The caption at the bottom says, "They hated Jesus because He told them the truth." with "Gal. 4:16" in the corner. The meme jokes that blockchain's elaborate terminology and investment hype often obscure a simple append-only data structure with cryptographic linking and distributed consensus layered around it.

Common Tags

Blockchain BlockchainHype BlockchainTechnology DataStructures Cryptocurrency TechHypeCycle DistributedLedgerTechnology DecentralizationConcepts DataImmutability Oversimplification TechnicalSatire MemeFormats

Comments

Anonymous ★ Top Pick It's a linked list with a marketing department, a consensus algorithm, and gas fees for every pointer dereference.

Anonymous ★ Top Pick

It's a linked list with a marketing department, a consensus algorithm, and gas fees for every pointer dereference.
@average_meni_na_drugu_enjoyer 5y

use IEEE.std_logic_arith.all
@Rostik1337 5y

Bullshit, blockhain isn't overhyped
@Rostik1337 5y

I wish the author to finish middle school.
Deleted Account 5y

True What matters is Bitcoin, Not Blockchain
1. @Supuhstar 5y
  
  Bitcoin is just capitalism without anything protecting anyone. It's going to kill itself one way or another, the question is will humanity be responsible enough to kill it gently, or will we die along with it?
  
  Deleted Account 5y
  
  Lol
  
  @Supuhstar 5y
  
  🤷 it's true
  
  Deleted Account 5y
  
  Bitcoin can't be killed
  
  @Supuhstar 5y
  
  Of course it can lol. Folks just gotta lose interest
  
  @RiedleroD 5y
  
  also the transaction fees are already enormous
  
  @Supuhstar 5y
  
  The fees are horrendous, the computation requirements are hideous, the volatility is terrifying, the legality is endangered
  
  Deleted Account 5y
  
  The fees are a result of the popularity The computation is a result of the popularity and permissionless system The volatility has never been this low in it's history and is affected by market cap The legality was never in a better position The cost to make it illegal has never been this high
  
  @RiedleroD 5y
  
  bro have you ever looked at the electricity bill of a single bitcoin transaction? If we continue using this shit, then goodbye to our planet, cause we're already struggling to keep up with demand with more or less clean energy.
  
  @Supuhstar 5y
  
  I'm done talking to this capitalist zealot. He worships The Line; he can't be reasoned with.
  
  @RiedleroD 5y
  
  I'm pretty sure he's just a bandwagon-jumper
  
  Deleted Account 5y
  
  Energy use isn't increased per transaction There's actually no link between the two Lightning scalability needs 0 energy + Energy use isn't even the problem causing the pollution Pollution is caused by energy production, not usage Technically if coal is reduced and becomes more scarce then it would be much costly to use it for electricity And miners always use cheaper sources Green renewable energies has an unreliable output problem Which technically miners can partly solve(they can use excess output that otherwise would go to waste)
  
  @RiedleroD 5y
  
  are you deaf?
  
  Deleted Account 5y
  
  bitcoin uses more electricity than there is renewable energy produced worldwide
  
  Deleted Account 5y
  
  I never said this is the main source currently I said this is the direction we're going And yes I've seen many people doing this kind of stuff
  
  Deleted Account 5y
  
  About the last paragraph Keep in mind that scalable green energy can't currently compete in the free market without government subsidy By being able to selling their currently wasted energy to miners These green energy producers has a chance to survive in the free market Without the need of the energy taxes that germans are fucked with
  
  @RiedleroD 5y
  
  or we could just revive nuclear energy, just saying.
  
  Deleted Account 5y
  
  Sure thing
  
  Deleted Account 5y
  
  This is what I'm saying
  
  Deleted Account 5y
  
  That argument is total bullshit. 1. Bitcoin miners don't care about renewability. Otherwise they would stop mining bitcoin. 2. Even if this actually happened, there's no point making green energy if you just immediately waste it on doing maths
  
  Deleted Account 5y
  
  I've never said they care about renewablity They care about cheaper price of energy Excess output of solar panels or wind turbines Is one of the cheapest (Bcz it would go to waste)
  
  @Supuhstar 5y
  
  Yes. The more it succeeds, the more elitist it is. The computation was always built-in. It has nothing to do with popularity. It's inherent and inescapable, and is creating more pollution than any other singular commodity. Yes, and it's still so volatile that it can't be used reliably. Its value is imaginary and arbitrary, and always will be. Gonna need evidence for your extreme claims. As far as I can see, lawmakers are still debating whether to outlaw it.
  
  @RiedleroD 5y
  
  any money's value is imaginary tbh, so that's a non-argument
  
  Deleted Account 5y
  
  "Elitist" , lol Defending a fiat currency or gold that can be confiscated Against a permissionless censor resistant system Is anti elitism 🤣 Computation requirement used to be so low you could mine bitcoin on your personal laptop The popularity made asics So no it wasn't built in for one thing to be medium of exchange first it has to be medium of value First it needs to reach a certain point Then the volatility isn't a problem anymore Bitcoin has been around 10 years And users, price, and solutions was never this high China banned it multiple times and unbanned it again Nigeria banned it and the usage and even price in Nigeria skyrocketed
  
  Deleted Account 5y
  
  It's a good concept but the idea of tying the currency to electricity was terrible
  
  Deleted Account 5y
  
  https://youtu.be/vCxmHwqyJWU
  
  Deleted Account 5y
  
  Good luck with that
  
  @Supuhstar 5y
  
  You don't gotta wish me good luck lol
  
  Deleted Account 5y
  
  With that
  
  @Supuhstar 5y
  
  ?
@deerspangle 5y

Overhyped doesn't cover it by half. Overworshipped? Maybe "Blockchain are just linked lists with a cult?"
1. @Supuhstar 5y
  
  Yes XD
  
  @RiedleroD 5y
  
  yes, I can see the tweet. Usually unicode symbols only have 2 or 3 bytes though
  
  @Supuhstar 5y
  
  ??
  
  @deerspangle 5y
  
  They replied to the wrong message, I believe
  
  @Supuhstar 5y
  
  Oh lol ok
  
  @deerspangle 5y
  
  Looks like it gets confusing in the actual groupchat, because all the channel comments just appear replying to misc old stuff, rather than being on whatever topic the groupchat is on
  
  @Supuhstar 5y
  
  Exactly lol

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Blockchain as an Overhyped Linked List

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