Ripple Executive Rails Against Bitcoin in New Essay

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DystopianDystopian

Longtime blockchain developer, fan and Ripple executive has warned in a new letter that blockchains could move about a dystopia.

Also read: New Malware Sneaking Onto Mac Computers, Bitcoinists Be Warned

Ripple Exec Cites Failures of Social Consensus Model

RippleRippleStefan Thomas, Chief Technology Officer during Ripple Labs, a heading private and open bill company, wrote an letter patrician “The Subtle Tyranny of Blockchain.”

The blockchain industry, he writes, foresees a blockchain series opposite a tie of industries like finance, general trade and health care. However, Thomas pens, “blockchains are a pain to work with.”

“Harmony and accord are valuable. But peace taken to a impassioned becomes a detriment,” he continues. “In a Lego Movie utopia, ‘everything is awesome’ usually on a surface. Behind a scenes, there is extensive farrago and a fast changing world, that doesn’t compare a determined consensus.” A design of a peremptory President Business from The Lego Movie graces a essay, implying that — like a film — all about blockchain record is not as flushed as it


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