Ethereum Isn't A Blockchain

The amount of "Blockchain Experts" building on and recommending Ethereum is surprising, considering Ethereum isn't a blockchain.

Note: By design, blockchains are inherently resistant to modification of the data.

Note: By design, blockchains are inherently resistant to modification of the data.

One of the most valuable aspects of this revolutionary technology we call blockchains is immutability, the fact that whatever gets timestamped into the blockchain remains there forever.

How would history change if all human beings could update their knowledge, wisdom and stories to an immutable, public library?

How would our Earth and society and civilizations evolve as a result of this sharing of knowledge and wisdom?

What would happen when history isn't written by the victors?

When #fakenews is a thing of the past?

When we decentralize everything?

When we don't rely on even things like Wikipedia, which are still politically managed and centralized databases of information. Even this article still calls Ethereum a blockchain. 

We are ushering in a Golden Era of prosperity and abundance for all through the decentralization of power and control and information.  It's literally the enlightenment!

So, to all my beautiful friends building on Ethereum, I love you! And you probably missed this, but Ethereum isn't a blockchain.  When you rolled back the network to refund people who invested in the buggy DAO, you gave up the "entire principle of cryptocurrencies": immutability.

If you're not immutable, you're not a blockchain.

Until next time,

-V

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