[GNU/consensus] Blockchains from 1979: Back to the Future!

[lynx]

Either blockchains are a very stupid invention, because
each Bitcoin transaction consumes as much energy as one
day's worth of an average Western household, or they are
just a simplified case of Merkle trees, an invention that
has been around since 1979.

    https://tonyarcieri.com/on-the-dangers-of-a-blockchain-monoculture

With Tony Arcieri delivering this excellent piece, we are
one step further in unraveling the blockchain hype and
finding out: It is just a hype. If all the blockchain
hypsters now reject the proof-of-work concept, they are
back to the future of 1979.

Understanding the full banality of blockchain, I realized
not only that GNUnet's consensus module is a blockchain by 
today's definition - even the way we look at pubsub syncing 
in secushare is, many many cost-efficient scalable private 
blockchains protected by cover traffic of other GNUnet 
applications. More about that at:

    http://secushare.cheettyiapsyciew.onion/pubsub#blockchain
or      http://secushare.org/pubsub#blockchain

Or as Tony puts it, "blockchain" is the new "cloud".

And I haven't even mentioned the structural anti-sociality
of non-taxable currencies that empower the super-rich to
trade with no strings attached at all.


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