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To clarify: A true #Public #Blockchain CANNOT be used to store any information about our real world. The reason: All real world information is actually subjective & open to debate; as measurements are contentious! Thus, only a #Centralized #Database can store real world data!😊 https://t.co/XeNPvicybY

June 02, 2018 at 09:28AM
@bobbyclee
Examples of real world information that is subjective and not insertable into a #Public #Blockchain: - Temperature of a city? - How much was a home sold for? - Person’s height? - Is he married? - Does patient have diabetes? - Michelin rating of restaurant? - Is the rice non-GMO?

June 02, 2018 at 09:36AM
@bobbyclee
RT @bobbyclee: Examples of real world information that is subjective and not insertable into a #Public #Blockchain: - Temperature of a city? - How much was a home sold for? - Person’s height? - Is he married? - Does patient have diabetes? - Michelin rating of restaurant? - Is the rice non-GMO?

June 02, 2018 at 07:56PM
@bobbyclee
@jak_tran What’s the point of immutability if the data inside the #Public #Blockchain is inconsistent and contradictory? Who gets to “write” into a Public Blockchain? Everyone? It’s NOT trustless if we still have to Believe & Trust each different author’s subjective data each time.

June 02, 2018 at 08:31PM
@bobbyclee
The whole point of using a #decentralized system is to AVOID having to #Trust a centralized entity. No need to take their word for granted. Real world data requires trust! If using #Blockchain requires you to first TRUST the author/writer who wrote the data, then why bother?🤔 https://t.co/z56ojpGdnx

June 03, 2018 at 04:32AM
@bobbyclee
@truthnotobeheld I won’t point out specific projects. No need to offend them. If you can’t tell yourself, then you deserve to be fooled by the #ICO (Worse: some of the ICO teams themselves don’t know) If you’ve learned about what’s TRUE #Public #Blockchain, then you won’t fall for their crap.

June 04, 2018 at 04:35PM
@bobbyclee