Yeah, they changed the name of the app to their token. The author refers to BCH as "bcash" in the code and there's some questionable data mining, but the secure code is solid.
While I mostly agree, there are some benefits to using a blockchain. If the SEC mandated companies publish block hashes they would be unable to edit transaction history.
Consensus and PoW are a large part of immutability and future trust (ala 51% attack).
All these companies/ICOs adopting 'Blockchain' doesnt mean a damn thing unless you have decentralized hash power behind its generation (security). Otherwise you just have a shitty database
All these companies/ICOs adopting 'Blockchain' doesnt mean a damn thing unless you have decentralized hash power behind its generation (security). Otherwise you just have a shitty database
Great point that is often missed. Anyone can chain blocks of data together. PoW is what makes this unique, trustworthy, and immutable.
One of the most important life lessons: if you have no children, the last third of your life will be filled with increasing death. If you have children, the last of your life will be filled with increasing life.
There has been an unbroken chain of parent->child since life came into existence. If you have no children, your branch ends with you. #somber#showerthoughts