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RT @RMac18@twitter.com

This sign is a pretty good indication that no one has any idea about what they’re talking about in Davos.

🐦🔗: twitter.com/RMac18/status/1087

· Mastodon Twitter Crossposter · 3 · 6 · 7

@jcbrand I'll try to generate an explanation: using blockchain as a distributed database to run the next generation power grid that will have to handle lots of electric vehicles at charging stations? ...

Nope still doesn't make sense.

@polychrome

What many people who throw around buzzwords like blockchain don't seem to understand, is that the novelty of the "blockchain" approach is the trustless consensus protocol based on proof-of-work (aka hashing) and that this incredibly energy inefficient and not applicable to the vast majority of applications or problems out there.

@jcbrand They should make a blockchain for managing blockchains.

@jcbrand it's obvious they don't know how things work...

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