The block chain data structure is forty years old. The myrcle tree data structure, it is not new, but it is being marketed with a bunch of outlandish miracle promises. And all the promises that the things branded block chain are sold with are actually old bit coin promises recycled. Like bitcoin is not decentralized any more. It's like, got three major miners, and one company makes 80 % of all the mining chips ar. So there is no technical tehna. Is no solid, technological, agreed definition of a block chain,. except something that attracts dreams and hopes - which might not be a bad ting.
Blockchain technology has gone mainstream. It earns huge amounts of column inches and airtime. Stories abound of Bitcoin millionaires and multimillion-dollar ICOs (Initial Coin Offerings). New cryptocurrencies are launched every week. People who don’t entirely understand what they’re buying are rushing to purchase Bitcoin for fear of missing out, and recently the UK's Royal Mint announced its first ever blockchain-based non-fungible token, an NFT. Back in 2018, Intelligence Squared gathered crypto specialists to debate whether blockchain technology has a legitimate future or not, including Jamie Bartlett, author and analyst on the politics of the internet, blockchain expert Primavera De Filippi, Vit Jedlička, President of the micronation Liberland, and crypto journalist David Gerard. The host for this discussion was journalist, author and former BBC News Editorial Director, Kamal Ahmed.
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