
Must read.
The blockchain is a threat to the distributed future of the Internet
EXTRACT
The need to replicate the whole chain of blocks on our computer is an insurmountable barrier to entry if you’re searching for an alternative to IBM, Amazon or Google. The Twister chain is still small, but think about how, to date, the initial synchronization for Bitcoin requires storage space of more than 65GB for the complete download of the blockchain. . . .
The alternative on which we can build a great new Internet era is projects like GNU social, Friendica, Hubzilla, Diaspora, and efforts to design common protocols like ActivityPub, not on the blockchain. Without a doubt, the blockchain will be very useful for registering large corporate capital markets and making cross-border banking transactions, but as system for the development of everyday applications on the Internet, it’s a danger to the distributed structure of the network.




