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use a blockchain, they said. Fabulous efficiency, they said. Will revolutionise stock trading in Australia, they said.(www.ft.com)

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David Gerard@awful.systemsM
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buttcoin@awful.systems
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Kecessa@sh.itjust.works
-9 points

Well it wasn’t implemented so kind of hard to know if it would have revolutionized the stock exchange but…

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gerikson@awful.systems
12 points
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True blockchain has not yet been implemented apparently.

Edit why do crapto posts regularly breach containment?

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froztbyte@awful.systems
11 points

no true scottschain

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Christopher Wood@awful.systems
14 points

To your edit, there do seem to be very many people emotionally invested in append-only ledger technology.

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imadabouzu@awful.systems
10 points

I’m so happy for appends. ~and edits~

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froztbyte@awful.systems
8 points

do continue

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Kecessa@sh.itjust.works
-9 points
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Well, if it had worked like “regular” crypto then just the complete transparency and 24/7 trading would have been a major revolution.

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self@awful.systems
12 points

if it worked like regular crypto, we’d have a major revolution after a bunch of pension money got lost to poor opsec, a smart contract hack, fat fingering, or any of the other fucking stupid things that only happen in crypto

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ramble81@lemm.ee
6 points

Does Australia have High Frequency Trading (HFT)? If so, can you imagine the resources impact (electricity, computer, etc.) it would take to track that.

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Kecessa@sh.itjust.works
1 point

If it was centralized it could be pretty much the same as it’s using now I think.

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