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In what is undoubtedly the most overwhelming criticism of Blockchain by the celebrity innovator, DMH aimed this morning at the historical operators Ethereum, EOS and Tron:
One is built from a 20-something that, while being intelligent, has not been able to provide anything else later (calling into question how much of its presence at Ethereum is pure marketing rotation), another is directed by Brock Pierce, a former child, plays Hollywood with a very controversial reputation, and the last was founded by a plagueer from mainland China who apparently, after having faced with the evidence that his white paper had been stolen from Filecoin White Paper, reacted by saying "we decided that did not happen."
Furthermore, he adds that the technology itself – which is the software that sends, receives and stores data known as digital register technology – is not even sophisticated. Only his case of use as an alternative form of money makes it remotely appealing as a scalable technology, according to the DMH's medium post:
… the technology itself is rather disgusting. It's a very standardized software, very similar to an Excel spreadsheet, with a truly unique and exceptional use case: that shit smells like money. If it were not for the assignment of financial value to the process of data storage that is involved in the digital accounting processing functionality, Blockchain would already be a thing of the past, attributed to cases of using strange library storage that does not they never hear about.
The post was written in response to a detailed report by McKinsey, a renowned consulting firm to address the most complex business problems of the largest companies in the world. The relationship was fundamental to the development trajectory achieved so far in the Blockchain business. DMH points the finger at venture capitalists and accuses them of giving money to those who represent less innovative leadership:
Until Venture Capitalists openly advocates the type of tin scum at the top of the Blockchain River, we can expect more mosquito-infected swamps to occur and little or no development. The Russian criminals, the lawyers in crisis, the owners of strip-clubs, the children's fanatics and the liars are not the types of people who built the economy that produced the Boeing 747. It was quite a different matter, and as long as Blockchain does not find the same kind of people who did it, it will remain nothing but a form of second-hand money that is handed over to the sketchy third-class financial actors.
You can read the full post here.
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