From what I see in discussions about blockchain hype, blockchain is conflated with cryptocurrency by largely ignorant opinions on the Internet.
I concede this:
It's true that a blockchain is just an distributed immutable series of transactions, aka a slower database. I agree that that's overhyped and people don't need things like IBM Hyperledger, and basically any private blockchain or one that depends on trusted parties(the great majority of coins that boast to be faster than Bitcoin).
However, I believe all that misses the actual point and proves the ignorance of most such articles, because it is also true that cryptocurrencies solve the previously unsolved double spending problem and provide true, distributed, open-to-all decision making. Of course, from this I exclude the great majority of centralized shitcoin cash grabs / delusions.
Yes, there are scaling issues which might never be surmounted (I'd call it 50-50 that things like Lightning Network / Ethereum sharding will succeed One Day™). However, having an open, open source global payment/calculation/information network is a thing of great potential.
I concede this: It's true that a blockchain is just an distributed immutable series of transactions, aka a slower database. I agree that that's overhyped and people don't need things like IBM Hyperledger, and basically any private blockchain or one that depends on trusted parties(the great majority of coins that boast to be faster than Bitcoin).
However, I believe all that misses the actual point and proves the ignorance of most such articles, because it is also true that cryptocurrencies solve the previously unsolved double spending problem and provide true, distributed, open-to-all decision making. Of course, from this I exclude the great majority of centralized shitcoin cash grabs / delusions.
Yes, there are scaling issues which might never be surmounted (I'd call it 50-50 that things like Lightning Network / Ethereum sharding will succeed One Day™). However, having an open, open source global payment/calculation/information network is a thing of great potential.