People new to the #blockchain and #crypto industry very often miss this important point, so please read carefully: A Blockchain that you control, is not a Blockchain at all. (Thatâs a #database, even after you make it public, and promise for it to be immutable. #FakeBlockchain) https://t.co/LTBxVv684p
June 01, 2018 at 09:49PM
@bobbyclee
June 01, 2018 at 09:49PM
@bobbyclee
Twitter
Bobby Lee
The most commonly ignored aspect of #Blockchain: â> All data going into the Blockchain needs to be independently & publicly verifiable, and thus insertable by anyone. <â Otherwise, itâs just #PrivateData where you are the sole judge & author == CentralizedâŠ
RT @bobbyclee: People new to the #blockchain and #crypto industry very often miss this important point, so please read carefully: A Blockchain that you control, is not a Blockchain at all. (Thatâs a #database, even after you make it public, and promise for it to be immutable. #FakeBlockchain) https://t.co/LTBxVv684p
June 01, 2018 at 09:51PM
@bobbyclee
June 01, 2018 at 09:51PM
@bobbyclee
Twitter
Bobby Lee
The most commonly ignored aspect of #Blockchain: â> All data going into the Blockchain needs to be independently & publicly verifiable, and thus insertable by anyone. <â Otherwise, itâs just #PrivateData where you are the sole judge & author == CentralizedâŠ
If a company launches a new decentralized, permission-less #Blockchain to solve a problem, but the solution ultimately requires people to trust that company (rather than solely trusting the Blockchain)... Then is that a #real Blockchain? đ€đ€đ€ #RealBlockchain vs #FakeBlockchain
August 15, 2018 at 07:27AM
@bobbyclee
August 15, 2018 at 07:27AM
@bobbyclee
Well thatâs probably because itâs #FakeBlockchain! Putting #lipstick on a traditional #SharedDatabase wonât magically make it superior. Not innovation. Wake up everyone! @IBM & @Maersk Struggle to Sign Partners to Shipping Blockchain https://t.co/wnylwdLh3u via âŠ@coindeskâ© https://t.co/XdZlVIMFmL
October 27, 2018 at 12:08PM
@bobbyclee
October 27, 2018 at 12:08PM
@bobbyclee
CoinDesk
IBM and Maersk Struggle to Sign Partners to Shipping Blockchain
Since Maersk and IBM launched TradeLens 10 months ago, only one other carrier has joined the network. As those involved admit, that's not enough.
Someone please genuinely explain: how is it using #Blockchain tech? Couldnât âŠ@IBMâ© âŠ@Seagateâ© just published the records in #DB w/ public access? Smells like #FakeBlockchain to me! IBM, Seagate Team Up to Tackle Hard Drive Fakes With Blockchain via âŠ@coindeskâ© https://t.co/l8xf67ZbvV
November 11, 2018 at 07:59PM
@bobbyclee
November 11, 2018 at 07:59PM
@bobbyclee
Twitter
Bobby Lee
Someone please genuinely explain: how is it using #Blockchain tech? Couldnât âŠ@IBMâ© âŠ@Seagateâ© just published the records in #DB w/ public access? Smells like #FakeBlockchain to me! IBM, Seagate Team Up to Tackle Hard Drive Fakes With Blockchain via âŠ@coindeskâ©
And who chases after the newbies? Itâs the greedy #FakeBlockchain project leaders, #ICO issuers, #PrivateSale organizers, #MLM hustlers, #Altcoin creators, and #PumpAndDump marketers. Thatâs all the circus sideshow, compared to the main event: #Bitcoin as #SoundMoney. https://t.co/HY1q9DBaSK
November 14, 2018 at 07:17PM
@bobbyclee
November 14, 2018 at 07:17PM
@bobbyclee
Twitter
Bobby Lee
#Bitcoin: Hashrate follows ideology. Price follows hashrate. Media follows price. Newbies follow media. #Bitcoin is ideology.
RT @bobbyclee: And who chases after the newbies? Itâs the greedy #FakeBlockchain project leaders, #ICO issuers, #PrivateSale organizers, #MLM hustlers, #Altcoin creators, and #PumpAndDump marketers. Thatâs all the circus sideshow, compared to the main event: #Bitcoin as #SoundMoney. https://t.co/HY1q9DBaSK
November 15, 2018 at 05:09AM
@bobbyclee
November 15, 2018 at 05:09AM
@bobbyclee
Twitter
Bobby Lee
#Bitcoin: Hashrate follows ideology. Price follows hashrate. Media follows price. Newbies follow media. #Bitcoin is ideology.