@ummjackson@JonSymons@antiprosynth@spencecoin The Internet is a platform for corrupt people as well. And TV. I wouldn't discard Augur just because of some bad actors. I think that all tools have destructive potential.
@Bitfinexed @TheChadGrant How can you wonder why a small buy/sell order moves the price just by looking at the trades and not at how the orderbook looked at that moment? The data on Github contains just trades, no orderbook snapshots.
@MihailoBjelic It did, thanks. It seems that I'll give this a spin some time in the future.
I now started to look how is Couch different from a blockchain ;) Addon only, consensus proto, PoW ;)
@MihailoBjelic Same here. Open to new but always sceptical of "new paradigm!!11".
Ok, I understand what you meant by mentioning CouchDB. What worries me here is who decides on/who can change consensus algo? In a blockchain PoW / PoS incentives participants to be honest, allows majority...
@MihailoBjelic@gerbrandvd@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Ok, cleared up, we're good.
Nothing wrong with reading about it. It's just that I've read about it briefly some time ago and nothing "this makes blockchain redundant" jumped at me. Hence the question - you suggested CouchDB, wondered why exactly.
@MihailoBjelic@gerbrandvd@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Well that's just rude. I might as well say "no it's not, but you figure out why yourself" :P
Or "no, ChoucBD Coin" is way better than CouchDB and is blockchain based. Why? Find out yourself ;P
Next time please don't engage in a discussion without explaining your position.
@MihailoBjelic@gerbrandvd@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Ok, if it's append only then how does that scale better than a blockchain solution? Besides, being append only is not a guarantee of being tamper proof. Rewriting history in a blockchain in order to be accepted by others requires finding the hashes, the older the harder...
@AnselLindner@MihailoBjelic@gerbrandvd @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io As for the "scam" part I think it's way to broad to say that. ICOs have been scamy for a long time now. People adding "...on thr blockchain" and peddling shit, sure. I do think blockchain has it's uses (SoV, prop ownership, etc)
@AnselLindner@MihailoBjelic@gerbrandvd @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io It's fine to have an opinion, nothing wrong with that man ;) I enjoy a calm discussion.
If you put it on the interveners computer then he can manipulate it and there would be no sure way of telling what happened. History can be altered in that scenario imo.
@MihailoBjelic@gerbrandvd@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io How is Couch tamper proof? Doesn't it need a single source of truth? If not then how does it tell what's legit and what's not?
Listen, I'm not sayin blockchain is a cure for all problems but property ownership records + blockchain looks good.
@gerbrandvd@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Store of value is store of information. Which address contains how much is information. If it's a bad store of information then it's a bad store of value.
Actually curious - what are examples of tamper proof DBs I can trust in a similar way to a blockchain?
@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Agreed on slow and don't scale (at the moment). However property ownership transfer doesn't seem to require much speed. Immutability of the records of transfer and distributed nature on the other hand seems like a valuable thing here. RDB can't provide that.
@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io Now, the added value of a blockchain here, again imho, is that you can have an immutable record of who changed what so that you can then argue a case with verifiable proof.
@AnselLindner @CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io What if someone dies with the keys and the property is "lost". Imho there has to be ability to intervene when we're talking about linking things like properties to a blockchain.
@thedrbits The ledger is immutable but the data in the smart contract is not. There can be an entity empowered by the contract to change ownership under conditions.
@CryptoPoland @hagenverfolgt @thedrbits@BitcoinBhoy@EOS_io The ledger is immutable but the data in the smart contract is not. There can be an entity empowered by the contract to change ownership under conditions.