RE: Conclusion Conviction Buy1 Feb 2018 13:58
You know what, even with all the non specific waffle in there, the weirdest thing they say is 'we have a first mover advantage'. I think even the rampers would agree this is total nonsense. They are years behind, as they haven't even started, and no one even knows what direction with 'blockchain' they even want to take. As I pointed out to only1 the other day, when he brought up catena, the whole world has been using sql for decades, it's robust, used everywhere, does everything you need, extensive decades of experience etc, if only it could have that layer of decentralisation. But that's the thing, people can just embed a sql database inside a blockchain, so no one needs to learn blockchain, they continue with what they know with sql and have the blockchain layer around it. Think of it like there is the x box console, PlayStation, and then some new one comes out which everyone will have to learn how to program...but someone says 'no need, I'll just make a PlayStation environment inside the new console, and you can just program games as if it's still PlayStation'. Simplified terms, but that's how it is. The thing is this could make people specifically going down the blockchain route working down the wrong rabbit hole. Until you know what direction it will go, saying you're doing x is a bit of a whim. Maybe the future will be sql with a blockchain container, SQL-b for instance. Until black cactus can show if they have made anything, or even show which direction they are going, it's all pi55ing in the wind. Other actual software companies actually show you what they are developing directly, discussing boards on it, open source to develop from, all this company tells us is what magical plans it hopes to do and what talks it's been to..
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