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Sergey Brin Says Google 'Failed To Be on the Bleeding Edge' of Blockchain (cnbc.com)

At an event over the weekend, Google co-founder Sergey Brin said that the internet giant missed its chance to be at the forefront of blockchain technology. From a report: Brin, who currently serves as president of Google parent company Alphabet, joined blockchain technology leaders and researchers on a panel at Richard Branson's exclusive Blockchain Summit. "We probably already failed to be on the bleeding edge, I'll be honest," Brin said. Although Google may have missed out on early adoption of the distributed ledger technology, Brin suggested that blockchain is within the wheelhouse of X, the company's semi-secret research division. "I see the future as taking these kind of research-y kind of out there ideas and making them real -- and Google X is kind of like that," Brin said.

133 comments

  1. Google is turning into yet another big corporation by Opportunist · · Score: 5, Insightful

    Google was innovative when it was growing. Now, it's a huge conglomerate (or rather, Alphabet, it's parent, is). They don't innovate anymore. They wait for someone to innovate and then either buy them or, if that fails, throw a shitload of money into a competing product to muscle them out of the business.

    Yes, that doesn't by accident sound like Microsoft. That's how big tech corporations work. Sergey, sorry to tell you, but Google has become too big to innovate. Innovation takes flexibility and the ability to risk something, both features large corporations lack.

    --
    We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.
  2. That seems like... by Anonymous Coward · · Score: 0

    ...a pretty huge oversight. I wonder who dropped the ball?

  3. It's better than the opposite by Ecuador · · Score: 4, Insightful

    It's better than the opposite: applying blockchains to anything you can think of, like most companies are doing currently, when it is only suited for very specific and limited tasks...

    --
    Violence is the last refuge of the incompetent. Polar Scope Align for iOS
    1. Re:It's better than the opposite by Anonymous Coward · · Score: 0

      My blockchain startup specializes in suckering rubes out of their money while simultaneously driving their electric bill up, it'll do gangbusters.

    2. Re:It's better than the opposite by Anonymous Coward · · Score: 0

      It's suited to nothing except crime and tulip crazes.

      Wire transfer isn't expensive because of the architecture, it's because of regulation and the natural monopoly. Banks don't want to have a whole bunch of competing systems to clear money transfers.

      What does providing auditable change-log records have to do with any of money, flowers, or crime?

      No need to actually reply, clearly the answer is you have absolutely no idea what "blockchain" even is or means, but because one day someone mentioned bitcoin in the same sentence, that one incorrect and false fact is now stuck in your head, which has no room for any further information on the subject.

      You can't spend or attack someone with a line from your text log files, dumbass.

    3. Re:It's better than the opposite by Anonymous Coward · · Score: 1

      Blockchain is a secure method of posting transaction history for public review while limiting the ability to change the transactions in an unauthorized manner

      Most accounting systems do the same thing without the 'feature' of allowing public access to the transaction log

      As a result, internal transaction processing systems have little use for blockchain

      Publicly reviewable systems, on the other hand should see opportunities with blockchain, I for one would like to see what is possible in applying to voting systems so that I can execute an unalterable record of my vote that is not individually readable, but that I can review to verify that my vote was properly counted.

      Or, at least that is my limited understanding, any other tries?

    4. Re:It's better than the opposite by phantomfive · · Score: 1

      Blockchain is useful as a database when you don't trust anyone to keep the database, and it's ok if the information is public (so even though I don't trust my bank with my social security number, they still have it).

      There are not very many use cases where that is applicable.

      --
      "First they came for the slanderers and i said nothing."
  4. Waaah we missed the bubble. by xack · · Score: 1

    Now we got fields of rotting tulips.

    1. Re:Waaah we missed the bubble. by Anonymous Coward · · Score: 0

      Sometimes it is best to wait out buying on the bubble, and wait until after the crash to buy assets. It gives you time to figure out the real value and lets other people take on most of the risk

    2. Re:Waaah we missed the bubble. by simishag · · Score: 1

      I wouldn't say we missed it, Bob...

  5. The Apple model... by cre1mer · · Score: 1

    Google should let others bleed first to develop the technology, come out with their own version and then claim that they invented it first.

    1. Re:The Apple model... by Anonymous Coward · · Score: 0

      .. and put round corners on it.

      Oh wait. It's hard to tell them apart sometimes.

    2. Re: The Apple model... by Anonymous Coward · · Score: 0

      They're Google, not Apple.

    3. Re:The Apple model... by The+Fat+Bastard · · Score: 0

      Hi, FCLM! How are the neighbors' goats and kids? Thx!

    4. Re: The Apple model... by cre1mer · · Score: 1

      I'm sure it's only a coincidence that Google is adopting the notch from Apple.

    5. Re:The Apple model... by cre1mer · · Score: 1

      You keep begging me to come back. So I'm here to stay. :P

    6. Re:The Apple model... by cre1mer · · Score: 1

      It's very heard to hear the difference when reading your comments.

    7. Re: The Apple model... by Anonymous Coward · · Score: 0

      Itâ(TM)s kind of weird that slashdot is your main social outlet, when basically youâ(TM)re just responding to people making fun of you. Does it remind you of your childhood?

      Does it bum you out that you have to use dupe accounts because your main social outlet in life has banned you multiple times?

    8. Re: The Apple model... by cre1mer · · Score: 1

      Itâ(TM)s kind of weird that slashdot is your main social outlet [...]

      I only have 18.9K tweets for the last ten years and 23.4K impressions over the last 28 days on Twitter.

    9. Re: The Apple model... by Anonymous Coward · · Score: 0

      Found the child molester.

    10. Re: The Apple model... by Anonymous Coward · · Score: 0

      You can tell when Chris is lying or is nervous. He starts spelling shit wrong.
      Dead giveaway sweet tits.

    11. Re: The Apple model... by Anonymous Coward · · Score: 0

      Those are smart quotes that Slashdot doesn't translate very well. User need to turn off smart quotes or turn on dumb quotes on their cellphone.

    12. Re: The Apple model... by cre1mer · · Score: 1

      Twiter drives 0.7% of external traffic to YouTube. Whereas Slashdot drives 15% of external traffic to YouTube. Never mind that I've stopped promoting my Slashdot parody video on Slashdot. Besides, you keep begging me to come back. So I'm back!

    13. Re: The Apple model... by cre1mer · · Score: 1

      You can tell when Chris is lying or is nervous. He starts spelling shit wrong. Dead giveaway sweet tits.

      More like I don't give a shit because I'm multitasking at work.

    14. Re: The Apple model... by Anonymous Coward · · Score: 0

      Ignore them Creimer. Your YouTube channel is difficult to watch (I am a sub) but I appreciate what you're trying to do, so if you enjoy it, be sure to keep it up.

      As for the anti-Creimer crowd, they're no better or worse than you are.

    15. Re: The Apple model... by Anonymous Coward · · Score: 0

      Or throw their i-device in the trash where it belongs.

    16. Re:The Apple model... by Anonymous Coward · · Score: 0

      You should worry about your own shit instead Chris!

      Your youtube channel was downgraded from C- to D+ a few days ago and downgraded again to D today!

      Worse, youtube now ignores all views generated through your spam links! I tested it!

      I already made plenty of popcorn to watch it go down further. Does it goes to Z?

      You are such a perfect miracle imbecile Chris!

      Thanks to stanlee, I'm a sexual spastic
      And my name is creimy brown
      Watch me now, I'm goin down,
      And my name is creimy brown
      Watch me now, I'm goin down, etc.

    17. Re:The Apple model... by Anonymous Coward · · Score: 0

      Hahaha, I told the dumb fucker months ago that this wasn't the way to build a youtube audience but as usual, he didn't listen. He never listens to anybody! He only listens to himself. He judges the quality of his videos by himself etc. and he is never wrong!

      Sadly enough, the rest of the world have different views. Poor Chris!

    18. Re:The Apple model... by Anonymous Coward · · Score: 0

      Chris' case is getting worse, he spends all day replying to himself as AC on /. and now, on YouTube in order to grab attention!

      The tests we ran on Chris have shown that Chris has the intelligence of an ameba:
      https://en.wikipedia.org/wiki/...

      So, technically, he is able to conceive some kind of agenda but it will be silly or impossible to follow on a human scale.

      For example, Chris had an agenda to post anything he felt like on Slashdot which did not work well because it was based on his false beliefs that he had an infinite number of karma points as he wrote here several times.

      Several people here explained to Chris that karma maxed out at some level like 50 or so but Chris kept on insisting that his python script had confirmed that he had millions of karma points!

      Oh well, as I wrote before: "It isn't Chris' fault if he is the way he is. We do the best we can do with him and he is partially integrated into society. We try to cure his abnormal need for attention but he is kind of stubborn and won't listen to anybody."

      For the valuable /. users that might already have read the following, please note that there is an important update.

      IMPORTANT UPDATE:
      Special Education for the Santa Clara County Office of Education has invested money to buy Chris a new chair:
      http://www.keynamics.com/image...

      Information about Christopher Dale Reimer and autistic people:

      Autistic people have obsessions about things normal people don't care. For example, one of our autistic patient went haywire when he realized that there was a penny missing in his pocket change.

      To calm him down, one of our educator pretended to have found it on the floor and gave a penny to him.

      The autistic patient condition went even worse because he realized it wasn't the same penny!

      Chris has an obsession with budgeting every penny. He doesn't understand that most people do not budget to the penny and have a flexible amount they allow for miscellaneous items.

      I am Nancy Guerrero and I am Director of Special Education for the Santa Clara County Office of Education. We use Chris' (a.k.a. creimer,cdreimer) picture in our document because he is the hardest case we have ever had to handle:
      http://www.sccoe.org/depts/stu...

      Our artists were inspired by the low carb diet that Christopher follows scrupulously for the small lunch box and by the picture linked below for the rest. I am sure that you will notice the similarities such as the bump on the side of his chest and more:
      https://ibb.co/gVad65

      Please be easy on Christopher although, I am aware that some of our staff handling Chris post joke comments here and obvoiusly, the Santa Clara County Office of Education disapprove that behavior vehemently:
      http://ibb.co/mRVSaG

      But it isn't Chris' fault if he is the way he is. We do the best we can do with him and he is partially integrated into society. We try to cure his abnormal need for attention but he is kind of stubborn and won't listen to anybody.

      Thank You dear users,
      ---
      Nancy Guerrero
      Director
      Special Education
      Santa Clara County Office of Education

    19. Re:The Apple model... by Anonymous Coward · · Score: 0

      Exactly Nancy,

      It seems like Chris is a victim here. He keeps on reading those SEO, youtube algorithm, basically get rich quick sites. He doesn't realize that he is the fish for them since they make money off him with their own schemes. Then, he wastes his time trying to implement what those sites suggest and he ends up disturbing people.

      I mean, those crooks tell Chris that he has to build personal brands and he goes on the Internet and makes everything about himself public!

      I believe we should bring this up at our next meeting. He might not be our only patient victim of such on-line abuse.

      https://www.researchgate.net/p...

      --
      Silvia Bunge
      Psychology Department
      University of California, Berkeley

    20. Re: The Apple model... by Anonymous Coward · · Score: 0

      0.7% of a million, or 15% of 1300. Only creimer focuses on the larger percentage and thinks he's ahead. Classic misdirection, except creimer misdirects himself.

      "Besides, you keep begging me to come back."

      LOL, you mean we keep pegging you every time you show us your back?

    21. Re:The Apple model... by Anonymous Coward · · Score: 0

      Here is why creimer always talk about Stan Lee

      Hey there, people, I'm creimy brown
      They say I'm the cutest boy in town
      My car is fast, my teeth is shiney
      I tell all the girls they can kiss my heinie
      Here I am at a famous school
      I'm dressin sharp n I'm
      Actin cool
      I got a cheerleader here wants to help with my paper
      Let her do all the work n maybe later I'll rape her

      Oh God I am the american cream
      I do not think I'm too extreme
      An I'm a handsome sonofabitch
      I'm gonna get a good job n be real rich

      (get a good
      Get a good
      Get a good
      Get a good job)

      Womens liberation
      Came creepin across the nation
      I tell you people I was not ready
      When I fucked this dyke by the name of Stan Lee
      She made a little speech then,
      Aw, she tried to make me say when
      She had my balls in a vice, but she left the dick
      I guess it's still hooked on, but now it shoots too quick

      Oh God I am the american cream
      But now I smell like vaseline
      An I'm a miserable sonofabitch
      Am I a boy or a lady... I don't know which

      (I wonder wonder
      Wonder wonder)

      So I went out n bought me a leisure suit
      I jingle my change, but I'm still kinda cute
      Got a job doin video promo
      An none of the jocks can even tell I'm a homo
      Eventually me n a friend
      Sorta drifted along into s&m
      I can take about an hour on the tower of power
      Long as I gets a little golden shower

      Oh God I am the american cream
      With a spindle up my butt till it makes me scream
      An I'll do anything to get ahead
      I lay awake nights sayin, thank you, Stan!
      Oh god, oh god, I'm so fantastic!
      Thanks to Stan Lee, I'm a sexual spastic
      And my name is creimy brown
      Watch me now, I'm goin down,
      And my name is creimy brown
      Watch me now, I'm goin down, etc.

    22. Re: The Apple model... by Anonymous Coward · · Score: 0

      Fuck are you ever dumb!

      The more you spam the more your channel is downgraded. From C to C- to D+ and now D. YouTube has all your spamming behavioral data you empty head:
      http://ibb.co/mRVSaG

      You are such a perfect miracle imbecile, Chris!

      Oh God I am the american cream
      With a spindle up my butt till it makes me scream
      An I'll do anything to get ahead
      I lay awake nights sayin, thank you, Stan!
      Oh god, oh god, I'm so fantastic!
      Thanks to Stan Lee, I'm a sexual spastic
      And my name is creimy brown
      Watch me now, I'm goin down,
      And my name is creimy brown
      Watch me now, I'm goin down, etc.

    23. Re: The Apple model... by Anonymous Coward · · Score: 0

      In creimer's delusional world, here is the definition of multitasking:

      multitasking: stealing from your employer by making dozens of Slashdot or other forum posts a day on company time.

      For creimer delusional mind, he isn't stealing because he is multitasking. Does this make sense to you?

      Oh God I am the american cream
      With a spindle up my butt till it makes me scream
      An I'll do anything to get ahead
      I lay awake nights sayin, thank you, Stan!
      Oh god, oh god, I'm so fantastic!
      Thanks to Stan Lee, I'm a sexual spastic
      And my name is creimy brown
      Watch me now, I'm goin down,
      And my name is creimy brown
      Watch me now, I'm goin down, etc.

    24. Re: The Apple model... by Anonymous Coward · · Score: 0

      Ignore them Creimer. Your YouTube channel is difficult to watch (I am a sock puppet sub) but I appreciate what you're trying to do, so if you enjoy it, be sure to keep it up.

      As for the anti-Creimer crowd, they're no better or worse than you are.

      FTFY!

    25. Re: The Apple model... by Anonymous Coward · · Score: 0

      I disagree, I still use my iPhone 6s and reduce my monthly bill from $80 to $50. As a phone and a video camera, the iPhone 6s isn't obsolete and I use it to make my videos on youtube. As a Sprint very special customer for 20+ years, Sprint will always give me a new iPhone for free if I decide to stop using the 6s as a phone in the next several years.

      Also, I find AmazonTM the gretest thing since sliced bread and helps taking care of my health at retirement with the Amazon long tail revenue streams!

      All you need to do is find a website with a permissive TOS, say, Slashdot, create a Python script to scrape your own comments, sprinkle Amazon affiliate links in various posts, and then re-post past links whenever possible. You can even make video of yourself going to pick up AmazonTM parcel at the convenience store and post it on your youtube channel for more redundant revenue streams.

      They also have a wide supply, the best of latte and clif/power bars at the best cost, espicially if you make a friend buy them for you with your own affiliate link!

      Bonus: get some silver coins, view recommendations on my special Youtube channel dedicated to the topic! They constitute a fail-safe insurance strategy for your retirement!
      --
      I'm so fat that I have my own channel

    26. Re: The Apple model... by Anonymous Coward · · Score: 0

      The biggest anti-creimer person is creimer himself.

  6. Blockchain and electricity consumption by sphealey · · Score: 2

    Is there any blockchain system that is not the absolute electricity hog that is Bitcoin? Modern cash registers and credit card swipe machines use a trivial amount of electricity. The world cannot afford to dump a substantial fraction of its available power into bitcoin-type computations.

    1. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Git

    2. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Ethereum is switching to Proof-of-Stake, which removes the high power consumption. OmeseGo is building a blockchain payments system for use on their Asia payment platform. That runs on Ethereum, also with it's own Proof-of-Stake mechanism.

    3. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Is there any blockchain system that is not the absolute electricity hog that is Bitcoin? Modern cash registers and credit card swipe machines use a trivial amount of electricity.

      So which is it?

      If they currently use a trivial amount of electricity to encrypt transactions for secure communications, under what basis are you claiming that encryption is both a trivial amount of electricity and an electricity hog, at the exact same time?

      Or are you just incorrectly trying to imply blockchain can only be used with cryptocurencies like bitcoin and works for nothing else?

      Or do you just feel transaction logs stored locally shouldn't be encrypted at all?

      Just no forward thinking vision to see why assuring the logs aren't modifiable without detection wouldn't be useful?

      Perhaps you should look into the computational power required for RSA and prime number key generation to compare to what an SHA1 hash requires, and how much dedicated hardware for each actually uses in power draw.

      The fact commercially mass produced TPM chips today can do both of those in the same silicon (that means the same power draw) for individual operations kinda shows you are incorrect here.

      You are also assuming, in pretty silly ways, the end usage.
      To store a blockchain hash with a single transaction takes milliseconds and a small handful of milliwats of power, only performed once when a transaction log record is written.
      This is the exact same frequency an RSA encryption operation would be performed, when a transaction on a credit card is made and needed sent for verification.

      Perhaps if you were doing something completely unrelated to transaction verification, like say bitcoin mining, would you need to do these operations over and over for an indefinite amount of time.
      This is clearly the only usage of a blockchain you can think of or understand, but you should at the very least be aware of the fact this is NOT it's most common use today, and those more common uses have nothing to do with bitcoins.

    4. Re:Blockchain and electricity consumption by bill_mcgonigle · · Score: 1

      We need more safe clean power, not people complaining about useful new technology that consumes power.

      People had the same bleats about aluminum processing back when the Bessemer process got going. Nobody needs airplanes!

      --
      My God, it's Full of Source!
      OUTSIDE_IP=$(dig +short my.ip @outsideip.net)
    5. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      And credit cards are attached to data centres, attached to corporations to offices with marketing departments trying to sell you services to support you buying the stuff you don't need? To which all these workers drive cars, take transport, buy disposable clothes, disposable lunches to supply these middleman services.

    6. Re:Blockchain and electricity consumption by TeknoHog · · Score: 1

      Peercoin is the original Proof-of-Stake coin, launched in 2012 and still running fine.

      --
      Escher was the first MC and Giger invented the HR department.
    7. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Ah, yes, the good ole anti-luddite attitude that anything new is obviously 100% good and needs no criticism.

      "that consumes power"... way to strawman the crap out of that. Rewrite it with a hint of truth. "that consumes inordinate amounts of power compared to current techniques"

    8. Re: Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      All of which has been proven to use less power than mining does. Google it big
      Boy.

    9. Re:Blockchain and electricity consumption by sphealey · · Score: 1

      Bessemer process is used to make steel. It replaced the open hearth process and both makes higher quality steel and is more efficient in energy and pollution than open hearth.

      Manufacturing of aluminum always required electricity - there is fundamentally no other way known to do it so the cost is acceptable. Particularly given the recycleability of the material once refined. There are many other more efficient ways to process cash transactions than Bitcoin, so no need to use the energy hog.

    10. Re: Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Hehe Iâ(TM)ll have to!
      Itâ(TM)s also the most secure public network and allows other networks to secure against it that leverage the electricity use, which will become greener and cheaper.

      So if my business chooses a public implementation it can use bitcoin security https://komodoplatform.com/security-delayed-proof-of-work-dpow/

    11. Re:Blockchain and electricity consumption by Anonymous Coward · · Score: 0

      Proof of Storage, Burst coin.

    12. Re:Blockchain and electricity consumption by tommeke100 · · Score: 1

      Yes. Bitcoin uses Proof-Of-Work as a consensus algorithm. You can use any consensus algorithm that you want. For example, a more fancy round robin (with Byzantine Fault Tolerance) or Proof-Of-Elapsed-Time. Or you could just simplify the Proof-Of-Work to be easier to solve.

  7. And that's a GOOD thing! by Anonymous Coward · · Score: 0

    If Google had been on the bleeding edge of blockchain, every implementation would be embedded with Google's spyware.

  8. Algos by Anonymous Coward · · Score: 0

    At least they got in early on hashes and red-black trees.

  9. Re:Google is turning into yet another big corporat by Anonymous Coward · · Score: 5, Informative

    They don't innovate anymore. They wait for someone to innovate and then either buy them or, if that fails, throw a shitload of money into a competing product to muscle them out of the business.

    And that's new how?

    Android? Bought
    Google Maps? Bought
    Blogger? Bought
    AdSense/Adwords? Bought
    Picasa? Bought
    Google Analytics? Bought
    Google Docs? Bought
    Youtube? Bought

    The list goes on and on...

  10. A solution in search of a problem? by Phaid · · Score: 4, Insightful

    I see a lot of people hyping blockchain technology for non-cryptocurrency uses, but I have yet to see an application to which it is better suited than current transaction systems. I understand that a distributed ledger potentially lets you do away with things like reconciliation transactions. But there are some downsides with that: every participant has to keep a full copy of the ledger, and participants still have to use double entry accounting, which means essentially keeping two sets of books. And while the ledger itself may be secure and tamper-proof, there still has to be some way to turn entries into actionable financial transactions, which requires another system that can itself be compromised (e.g. the Bitcoin exchanges that have experienced some famous security breaches).

    Maybe I'm just not looking at it right?

    1. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      The solution to that is another blockchain!

      Now I know what you're thinking - the answer is that it's blockchains all the way down.

    2. Re:A solution in search of a problem? by Hognoxious · · Score: 1

      participants still have to use double entry accounting, which means essentially keeping two sets of books.

      No it doesn't.

      Unless you're Greek.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    3. Re:A solution in search of a problem? by Anonymous Coward · · Score: 1

      I see a lot of people hyping blockchain technology for non-cryptocurrency uses, but I have yet to see an application to which it is better suited than current transaction systems. I understand that a distributed ledger potentially lets you do away with things like reconciliation transactions. But there are some downsides with that: every participant has to keep a full copy of the ledger, and participants still have to use double entry accounting, which means essentially keeping two sets of books.

      From a transactional database perspective, the chain removes some validation overhead you'd otherwise need to implement everytime. Double entry is a form of that validation.

      And while the ledger itself may be secure and tamper-proof, there still has to be some way to turn entries into actionable financial transactions, which requires another system that can itself be compromised (e.g. the Bitcoin exchanges that have experienced some famous security breaches).

      Maybe I'm just not looking at it right?

      That is the crux of money not properly backed by real world assets. Diamonds, Gold, oil, etc. It's all electronic now but wasn't before, there is no gold changing hands nor diamonds. The physical assets sit in vaults, there's nothing to stop a country from lieing about their reserves either esentially allowing them to print paper bills.

      Blockchains suffer the same problems as pgp or crypto in general. They are eternally verifable. Signing the pgp key of your ex is as irrevocably public as using bitcoin to buy porn. That I have a problem with yet irnoically also why hacking bitcoin exchanges are silly.

    4. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      It's a non-centralised way of securely having apps, privacy, authorization and interoperability.
      e.g. https://medium.com/@imylomylo/dapps-in-the-d-economy-decentralized-family-care-7115518ff81a

      Exchanges being compromised are solved by decentralized exchanges. It highlights the point of centralized points of failure if anything.

    5. Re:A solution in search of a problem? by Phaid · · Score: 2

      You left out leverage, best-of-breed, and synergy.

    6. Re: A solution in search of a problem? by Anonymous Coward · · Score: 0

      Sorry, got distracted when you mentioned Double Entry and Porn... what were we talking about again?

    7. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      I heard of a trial using blockchain for concert tickets. That sounds pretty useful to me.

    8. Re:A solution in search of a problem? by Anonymous Coward · · Score: 1

      I read about that here. I'm not sure what benefit blockchain brings to the table here. Nothing in the description of how it works is particularly groundbreaking - it requires users to upload identification to prevent sockpuppet accounts, it ties tickets to individual purchasers, etc, all good features but nothing exclusive to blockchains. Not sure what this company is doing that can't be done faster and better with web services and RDBMSs.

    9. Re:A solution in search of a problem? by Anonymous Coward · · Score: 1

      Uh, that rambling blog with absolutely no details on how he is going to use blockchain to page nurses (lol, there are so many questions here), is about as good as it gets folks.

      If you still have IBM stock for some reason, sell it now.

    10. Re:A solution in search of a problem? by ceoyoyo · · Score: 1

      The ledger isn't tamper proof. You can do whatever you want, so long as you can meet the requirements to validate it.

      For bitcoin that means you need to convince half the computational power to agree with you. For a proof of stake system it means you need to convince half the (weighted) shareholders. For a private system, guess who's probably got override and veto powers to do whatever they want?

    11. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      Whole thread so far hasn't actually given a use for this magic either.

      Not so sure they are missing out on much.

      They are so far behind on blockchain, they won't be able to ______

      Unless there is something useful to go in the blank, it is rather irrelevant.

    12. Re:A solution in search of a problem? by Anonymous Coward · · Score: 1

      For a private system, guess who's probably got override and veto powers to do whatever they want?

      Exactly. You can either tie your system to a public blockchain like Bitcoin's and experience all the delay and computational requirements that brings, or you can host it yourself at which point it's really just another database.

    13. Re:A solution in search of a problem? by StormReaver · · Score: 2

      And while the ledger itself may be secure and tamper-proof...

      It's neither of those things. Anyone controlling over half the computing power on the chain can do whatever the hell they want to do to it. It would just take a lot more electricity than doing the exact same thing with a relational database.

      Blockchain is today's snake-oil.

    14. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      Just call those apps smart contracts like most people.

    15. Re:A solution in search of a problem? by CalcuttaWala · · Score: 3, Insightful

      A distributed block-chain database is superior to a centralised SQL or NoSQL database if and only if there is NO centralised authority that is trusted by all participants. A blockchain solution should be attempted only when there is non-heirarchical network of peers who cannot, or will not trust each other. Cryptocurrency -- or equivalents that allow one to store, exchange unit economic value -- are most amenable for a blockchain application. For everything else a good old fashioned RDBMS is cleaner, faster, safer and easier to implement solution.

      --
      Insight into much, Influence over nothing !
    16. Re: A solution in search of a problem? by Anonymous Coward · · Score: 0

      Probably a utility token

    17. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      Cryptocurrency -- or equivalents that allow one to store, exchange unit economic value -- are most amenable for a blockchain application. For everything else a good old fashioned RDBMS is cleaner, faster, safer and easier to implement solution.

      Arguably, even the currency problem is failed by blockchain. Look at the absolutely pathetic throughput in transactions per second of Bitcoin, the high cost of making transactions because you have to bribe the miners with Bitcoin to put your transaction into their next mined block and the massive amounts of electricity wasted to run it all. Finally, look at all of the fraud on the Bitcoin exchanges and other blockchains vying for public attention. Honestly, the only reason that I can see that anyone bothers with any of this at all is criminal activity. Bitcoin and other blockchains are attractive to people who need to move large amounts of wealth around electronically in ways that authorities cannot easily stop. Other often cited uses for blockchain, land registries and the like, seem problematic too. If you cannot trust your government enough to keep an accurate record of who owns property then how can you trust them enough to enforce property rights at all, regardless of who the blockchain says the real "owner" is? If the government is trustworthy and follows rule of law then why do you need blockchain? If they don't, then what good is blockchain? Political power flows from the barrel of the gun in those countries, not the blockchain. Again, as the GP stated, blockchain is a solution in search of problems that have already been solved better with other established technologies.

    18. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      No you're right, that sounds just like git.

    19. Re:A solution in search of a problem? by Anonymous Coward · · Score: 0

      > the chain removes some validation overhead you'd otherwise need to implement everytime

      It does not have any validation. It adds MORE because you actually have to... You know, validation the entire block chain, or at least since your last bookmark. And if you're talking about removing some software development effort from you, then any other library that validates a DB can do the same.

    20. Re:A solution in search of a problem? by Hognoxious · · Score: 1

      there's nothing to stop a country from lieing about their reserves either esentially allowing them to print paper bills.

      What have reserves got to do with it? It's the productive power of the issuing state's economy that matters and if that's out of alignment with the [nominal] money supply the markets will figure it out pretty quickly. Isn't that right, Zimbabwe?

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  11. Re:Google is turning into yet another big corporat by CaptainDork · · Score: 2

    This.

    In the cases of Google, Facebook, Apple, Microsoft, etc., the owners sold the companies to public investors.

    Shareholders don't give one good goddam rat's ass about anything except revenue.

    When I worked at Mobil Oil years ago, I asked a new hire, "What business are we in?"

    She said, "Selling hydrocarbon-based products."

    I said, "Wrong! We are in the business of selling stocks."

    --
    It little behooves the best of us to comment on the rest of us.
  12. Re:Google is turning into yet another big corporat by Desler · · Score: 1

    What is supposed to be new about Google acquiring companies for products/services?

    https://en.wikipedia.org./wiki...

  13. Kind of contradictory by DrYak · · Score: 3, Interesting

    Google's motus operandi is about amassing piles of stuff :
    getting (initially) a huge index of the web,
    piling large collection of data to train their IA (training voice recognition from their snippets of google voice),
    piling large amount of private personal to better target ads,
    etc.

    Whereas, the whole key purpose behind all *distributed* ledger systems is to remove the needs of a central authority.

    Google and blockchain are on the exact polar opposite of the decentralization scale.

    --
    "Sufficiently advanced satire is indistinguishable from reality." - [Tips: 1DrYakQDKCQ6y52z6QbnkxHXAocMZJE61o ]
    1. Re:Kind of contradictory by Hognoxious · · Score: 1

      Google's motus operandi is about amassing piles of stuff

      What's that supposed to mean? Small dot of working? Something about a three-armed alien?

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    2. Re:Kind of contradictory by Anonymous Coward · · Score: 0

      Google's motus operandi is about amassing piles of stuff

      What's that supposed to mean? Small dot of working? Something about a three-armed alien?

      Pandora's Star! Nice reference!

    3. Re:Kind of contradictory by Anonymous Coward · · Score: 0

      They can pile up all your transactions since they get a copy of everything you do...

  14. dont fret there, little guy by Anonymous Coward · · Score: 0

    you can still download entire chains and analyze them for data patterns (which is all you really want, other peoples' data) without having to actually bother with the messy and volatile nature of cryptocoin

  15. Re:Google is turning into yet another big corporat by HarrySquatter · · Score: 1

    This a joke? Never heard of Adwords, AdSense, Google Maps, Youtube or Android? All acquisitions.

  16. Turning into? by Anonymous Coward · · Score: 0

    They have been since at least 2007. That is when Obama was campaigning around their google campuses talking about bubble sorts. Getting a presidential candidate hitting your company is a pretty good sign that you hit big corporation level. and that was more than a decade ago.

    Google hasn't been a small fish in a very long time. Much like end stage capitalism, Google is long past end stage startup company, even ignoring that Alphabet Corp refactor, which seemed like either a supervillain esque rebranding, or just proof of where their seed funding came from.

  17. Re:Google is turning into yet another big corporat by Anonymous Coward · · Score: 0

    But they still don't have a comprehensive business suite. Every internet related company will converge to have a business suite eventually. It's a law of nature.

    Blockchain technology has currently most impact on areas that are outside of Google's business areas, so Serge, where is that Google Business Suite that solves actual business problems with the technology? Maybe consult Larry on it?

  18. Good. I'm glad. by Anonymous Coward · · Score: 0

    Not only am I glad that Google/Alphabet missed the bleeding edge of blockchain I also firmly believe that, in order to achieve full and reasonable and useful maturity, these sorts of things need to be actively hidden from the likes of Google, Microsoft, Apple, and the other ConHugeCo tech companies, lest they be bought and put on a shelf, litigated to death, or just plain outright attacked by some other means. Microsoft has been buying and/or killing competition for decades. Apple is little different. I think Google could ramp it up to a whole new level. They only use dump-trucks full of cash when other methods fail. I wouldn't even want them to know my name, just because. (And I have no reason to believe that Elon would act that way given many of his past actions, just FYI.)

  19. When was Google ever at the bleeding edge? by gweihir · · Score: 1

    Even with search, they were late, with a pretty bad search engine that just managed to be the biggest one after a while.

    --
    Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
    1. Re:When was Google ever at the bleeding edge? by Hognoxious · · Score: 2

      Back when I started (in the dial-up days, onion on belt etc) AltaVista were best. All of a suddent and for no discernible reason they went shite. Google were in the right place to recover the fumble.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    2. Re:When was Google ever at the bleeding edge? by iggymanz · · Score: 1

      I'm old enough to know within 2 years they were superior to all competition, and no internet-facing search engine is better.

      Please don't reply if you're part of unwashed masses who only types in words and doesn't know how to refine google searches with operators and prefixes

    3. Re:When was Google ever at the bleeding edge? by Oswald+McWeany · · Score: 1

      Back when I started (in the dial-up days, onion on belt etc) AltaVista were best. All of a suddent and for no discernible reason they went shite. Google were in the right place to recover the fumble.

      Excite was my search engine of choice in the dark days before Google. As much as I love to bash google, they vastly improved on anything that came before them and even to this day, there is no search engine that is better.

      --
      "That's the way to do it" - Punch
    4. Re:When was Google ever at the bleeding edge? by StevisF · · Score: 1

      Search engines were a disaster in the late 90s and early 2000s when Google rose to prominence. They weren't very clever, indexed only a subset of the Internet (when it was tiny by today's standards), and were full of spam links because their algorithms were easily gamed. Look up PageRank. It was a big deal.

    5. Re:When was Google ever at the bleeding edge? by Hognoxious · · Score: 4, Insightful

      Meh! Get back to me when they allow you to use regular expressions.

      --
      Confucius say, "Find worm in apple - bad. Find half a worm - worse."
    6. Re:When was Google ever at the bleeding edge? by apoc.famine · · Score: 1

      You can have my Dogpile when you take it from my warm, smelly hands!

      --
      Velociraptor = Distiraptor / Timeraptor
    7. Re:When was Google ever at the bleeding edge? by Anonymous Coward · · Score: 0

      Altavista was a project from Digital Equipment Corp (DEC)

      Unfortunately, DEC's legacy is GREAT technology and CRAP marketing, the net result being that Altavista, much like the ALPHA processor, was a GREAT idea that would eventually be left to rust like a hulk on a beach

    8. Re:When was Google ever at the bleeding edge? by Anonymous Coward · · Score: 0

      Back when I started (in the dial-up days, onion on belt etc) AltaVista were best. All of a suddent and for no discernible reason they went shite. Google were in the right place to recover the fumble.

      Excite was my search engine of choice in the dark days before Google. As much as I love to bash google, they vastly improved on anything that came before them and even to this day, there is no search engine that is better.

      They have been too busy delisting and demoting things to be the "best" search engine anymore. They are good for "some" searches, but duckduckgo is better for others. When they first started screwing with the results it was to remove spammers and seo manipulators. Now they focus on political correctness and bowing to their Music and other media masters.

    9. Re:When was Google ever at the bleeding edge? by Anonymous Coward · · Score: 0

      As a person who used Archie and Veronica pre-1995, I heartily agree that they were a disaster

      AltaVista was a shining light in the date that regularly out-performed Magellan and Yahoo.

      Google ate AltaVista's lunch since DEC was unable (or unwilling) to capitalize their research

    10. Re:When was Google ever at the bleeding edge? by gweihir · · Score: 1

      Same here. No idea what killed the excellent AltaVista though. Probably management stupidity.

      --
      Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
    11. Re:When was Google ever at the bleeding edge? by iggymanz · · Score: 1

      they'll need a bit of storage for the alternative indexing to accommodate that, everyone has to donate a usb stick.

  20. key by Anonymous Coward · · Score: 0

    We need a technology for blockchain that can process as many transactions per second as Visa can.

    1. Re: key by Anonymous Coward · · Score: 0

      It's called a database. You know, the thing that was invented in the Ãate 1950ies.

  21. shitty distributed database by iggymanz · · Score: 1

    there are other ways to verify and sign records in a normal distributed database, the blockchain ledger system are constipated and bottlenecked, "poor scalabliity" and why transactions take so long.

    google doesn't need such a thing, most businesses don't need such a thing.

    blockchain is mostly a fad outside of crypto currency where it's a bottleneck

    1. Re:shitty distributed database by Anonymous Coward · · Score: 0

      Like google solving the problem with pagerank in it's rise, blockchain tech will overcome the current limitations.

  22. No Joogle with APKoin by Anonymous Coward · · Score: 0

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  23. Re: Google is turning into yet another big corpora by Anonymous Coward · · Score: 0

    Microsoft started selling an ilegal implementation of BASIC, and later they bought a knock-off implementation of DOS, later they and Apple made an implementation of the Xerox alto, later Microsoft started innovating buying companies.

  24. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  25. My cock is made of dead squirrels by Anonymous Coward · · Score: 0

    Despite that fact, women like farting on it.

  26. I'll be honest, blockchain will wither on the vine by WillAffleckUW · · Score: 1

    When you look at it from an historical perspective, blockchain technology is merely a passing phase, to be replaced by less power-intensive methods that provide similar results.

    It's kind of like the Stirling Engine, which was a thing for a while until we realized there were better ways to do things.

    Blockchain will also be replaced. Think of it as early ECMAscript, or other coding languages, that have for the most part already been replaced.

    --
    -- Tigger warning: This post may contain tiggers! --
  27. Blockchain is the worst idea ever by Anonymous Coward · · Score: 0

    Slow. Cumbersume. Errorprone. #fail

  28. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  29. Comment removed by account_deleted · · Score: 1

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  30. Comment removed by account_deleted · · Score: 1

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  31. Impersonating me (again) PROVES 1 thing by Anonymous Coward · · Score: 0

    See subject: You WISH you were me (lol) & you STALK me by UNIDENTIFIABLE anonymous posts threatening it https://slashdot.org/comments....

    "Imitation = sincerest form of flattery" as you are now, impersonating me via clearly INFERIOR imitation of myself GIVING YOU AWAY!

    * HOWEVER:

    You do make good on your "threat" & I've caught you doing it already this week saying things I NEVER WOULD (e.g. APK="God's gift" etc.) but that very 'threat' makes you look like the PSYCHO LOON you clearly are...

    APK

    P.S.=> You need SERIOUS "loony-bin QUALITY time" imo... apk

    1. Re: Impersonating me (again) PROVES 1 thing by Anonymous Coward · · Score: 0

      Pot....meet kettle.

  32. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  33. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  34. Re: Google is turning into yet another big corpora by Anonymous Coward · · Score: 0

    Yea google hasn't innovated since search and email.

  35. There is no blockchain, only Bitcoin. by Anonymous Coward · · Score: 0

    Blockchain security (mining) is extremely expensive. No private company can afford that.

  36. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  37. Re: Google is turning into yet another big corpor by Anonymous Coward · · Score: 0

    Don't forget about excel

  38. Re:Google is turning into yet another big corporat by jythie · · Score: 1

    Google never innovated. From day one they improved what others had developed, but they always stayed away from the bleeding edge and waited for other companies to really try things out first.

  39. Wrong: I don't want to be like you @ all by Anonymous Coward · · Score: 0

    See subject: I'm supposed to just "sit there & take it" while you say all that bs about me impersonating me OR stalking me unidentifiably ac?

    No. No way. Not vs. the likes of you.

    * "Ain't happenin'"...

    APK

    P.S.=> Instead of stalking me or impersonating me, try build something useful others like & use as I have that's multiplatform (aging like wine too, getting better on Linux) https://it.slashdot.org/commen... ? apk

  40. Who is the winner? by manu0601 · · Score: 1

    What company thrives on blockchain today? We see many announcements, but successful business cases are scarce.

    1. Re:Who is the winner? by tehcyder · · Score: 1

      What company thrives on blockchain today?

      Advertising, PR and marketing companies, I imagine.

      --
      To have a right to do a thing is not at all the same as to be right in doing it
  41. Re:Google is turning into yet another big corporat by Ol+Olsoc · · Score: 1

    They don't innovate anymore. They wait for someone to innovate and then either buy them or, if that fails, throw a shitload of money into a competing product to muscle them out of the business.

    And that's new how?

    Android? Bought.

    Kinda like what Opportunist wrote, eh?

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  42. It's just a small investment for google by tommeke100 · · Score: 1

    If Google puts a small team together of some capable engineers it would maybe take them 6 months to have a nice open source package to handle blockchain and distributed ledger technology.
    If they're not into the distributed ledger technology yet it means they don't care about it. As if no one at Google isn't aware of it :-)

  43. Re:Google is turning into yet another big corporat by Desler · · Score: 1

    No, because Google has been acquiring companies for products since 2001. Their claim is this is something new when it is not.

  44. Comment removed by account_deleted · · Score: 1

    Comment removed based on user account deletion

  45. Re:Google is turning into yet another big corporat by Ol+Olsoc · · Score: 1

    No, because Google has been acquiring companies for products since 2001. Their claim is this is something new when it is not.

    Innovation and acquisition are not mutually exclusive

    --
    The shepherds did so well protecting the flock that the sheep no longer believed that wolves existed.
  46. Re: Google is turning into yet another big corpora by Hognoxious · · Score: 1

    What innovation have they done with email? Apart from reading other people's, that is - and Yaboo and Snotmail were probably already doing that.

    --
    Confucius say, "Find worm in apple - bad. Find half a worm - worse."
  47. Re:Google is turning into yet another big corporat by Anubis+IV · · Score: 1

    I'm no (longer a) fan of Google, but I'd disagree with a few of those inclusions. Sure, they may have bought them, but they don't serve to prove that Google doesn't innovate.

    For instance, the Google Maps project may have been jumpstarted via an acquisition, but the thing they bought was a desktop application written in C++. Google Maps itself was actually highly innovative and influential when it launched, but not for any of the reasons that made the acquired product what it was.

    You might recall that prior to (and even for a time after) the launch of Google Maps, Mapquest and its competitors all relied on page refreshes as you tried to move the map around. It's hard to believe that it was only 13 years ago, but it was revolutionary to be able to drag the map in Google Maps and have it load off-screen tiles without using a page refresh, all thanks to AJAX (this was back before AJAX had even been called that yet). Google Maps was a watershed moment for Javascript at large, which up to that time had largely earned a reputation as a cumbersome, clumsy technology with few uses and poor adoption, outside of its brief stint of popularity during the early aughts when DHTML was a thing and CSS adoption was still spotty. It's easy to claim that we knew better back then, but the fact is that many developers were dismissing Javascript prior to Google Maps' launch, and though it wasn't the first site to adopt AJAX (e.g. Kayak.com had done it the year before, as had Gmail), it was the first to make the benefits of it plainly obvious to everyone, showing the world wide web a different way forward.

    Or, as an alternative summarization of its impact: you can blame Google Maps for Javascript bloating the web.

  48. Re: Google is turning into yet another big corpora by Anonymous Coward · · Score: 0

    Yaboo and Snotmail

    Well, I think I know part of your problem: you've clearly only seen the Chinese Bootleg versions of Yahoo! Mail and Microsoft's Hotmail. :-)

    I'm not saying that the first-party versions are much better, though...

    Captcha: pitiless

  49. Re:Google is turning into yet another big corporat by Anonymous Coward · · Score: 0

    Why didn't the fuckers write a special purpose client for it? Like with actual Java or something?