📰Twitter Crypto News
12 subscribers
2 photos
1 video
224K links
In this channel we will be posting 📰re-tweets and cutting edge news from the most relevant sources online ✳️
Download Telegram
So many #ICO projects today are touting #Blockchain technologies, when what they’re *really* using, is just 1990s #Wiki technology. They have a private Wiki-type #Database, accessible to the public, that’s pretending to be #decentralized. NOT! You won’t fool me.

June 04, 2018 at 04:29PM
@bobbyclee
Given that today’s #crypto community is mostly #ICO fanboys, I won’t be surprised if my tweet here doesn’t get a lot of traction. Ha! The exception would be the oldschool #Bitcoin fanbase, those of us who actually DO understand #Blockchain & the amazing innovation it brought us. https://t.co/ojZsqxO0Ik

June 04, 2018 at 04:56PM
@bobbyclee
RT @bobbyclee: So many #ICO projects today are touting #Blockchain technologies, when what they’re *really* using, is just 1990s #Wiki technology. They have a private Wiki-type #Database, accessible to the public, that’s pretending to be #decentralized. NOT! You won’t fool me.

June 05, 2018 at 03:22AM
@bobbyclee
I just told my friend: I don't mind trusting a good technology company (like #VeChain?), to help with proving authenticity and detecting counterfeits. Thumbs up! Just don't call it #Blockchain when it's not real Blockchain! A private #Database is great for many things! I agree!

August 14, 2018 at 10:57AM
@bobbyclee
Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then all you have is a large distributed #database! #oldschool #PrivateDB https://t.co/lcYCDpwK74

August 18, 2018 at 12:44AM
@bobbyclee
Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then that’s NOT real Blockchain! All you have is a distributed #database. https://t.co/lcYCDpwK74

August 18, 2018 at 12:51AM
@bobbyclee
RT @bobbyclee: Call me old-fashioned, but if: - your #Blockchain has owner w/ master key - others need your permission to write to it - the data written cannot be independently verified - you’re interpreting the content Then that’s NOT real Blockchain! All you have is a distributed #database. https://t.co/lcYCDpwK74

August 18, 2018 at 12:53AM
@bobbyclee
Healthcare and medical data is a #Database problem. It’s a problem for people to get together and share information in a responsible way. #Blockchain is NOT the solution.

October 17, 2018 at 03:07PM
@bobbyclee
The second-best usecase of #Blockchain? As a marketing term, for promotion & fundraising of your #private #database project. 😂😂😂 https://t.co/nZCuIMp397

October 25, 2018 at 06:07AM
@bobbyclee
RT @bobbyclee: The second-best usecase of #Blockchain? As a marketing term, for promotion & fundraising of your #private #database project. 😂😂😂 https://t.co/nZCuIMp397

October 25, 2018 at 06:54AM
@bobbyclee
Too bad Vinay Gupta couldn’t be specific about how @mattereum blockchain could NOT have been implemented using a traditional #database. For #realestate titles, their solution depends on trusting the central party (which does automation using #smartcontracts). No #Blockchain tech! https://t.co/hf8GOXbMyl

October 29, 2018 at 08:06PM
@bobbyclee
Too bad Vinay Gupta couldn’t be specific about how @mattereum blockchain could NOT have been implemented using a traditional #database. For #realestate titles, their solution depends on trusting the central party (which does automation using #smartcontracts). No #Blockchain tech! https://t.co/wrbd8HKnX2

October 29, 2018 at 08:06PM
@bobbyclee
Conclusion: if #data that’s stored in the #Blockchain can’t be neutrally & publicly verified, then it’s essentially #CentralizedInformation, arbitrarily stored in Blockchain by #trusted party, allowing for edits using #MasterKey. This all might as well be a private #database!🙂👏

October 29, 2018 at 08:21PM
@bobbyclee
NEL released #NEO Key-Value #database LightDB, with original intention to transform NEO’s storage into network storage. Thus, more functions of light nodes are achievable, including executing #InvokeScript from light nodes directly. #lightnodes #smartcontract #LightDB 👇 https://t.co/2Zbj1ooTgk

December 03, 2018 at 01:42PM
via @NEO_Blockchain