Blockchain, with Santa Claus, in shameless MS Paint

Sorry but this comic is neither simple nor accurate.<p>Firstly, recording the account of sahti is the only function of the ledger, which supposedly is a subset of a record of everyone&#x27;s deeds&#x27; including the elves. Secondly then, fee analysis has shown that blockchains are a poor store of data and should not be used as a database since other mechanisms are far more efficient and cheaper.

For anyone that&#x27;s curious, the first set of runes is Futhark, and transliterate to:<p>&gt;&quot;That is not dead which can eternal lie. And with strange aeons even death may die&quot;<p>The second and third are Enochian and transliterate to:<p>&gt;&quot;There is no sanity clause&quot; and &quot;Madness is the emergency exit&quot;<p>respectively.

I guess the purpose is satirical, but it&#x27;s an awfully complicated explanation. I guess it can be understood only by people who already know how a blockchain works.

If you struggled with this explanation then I can try another a bit more IT related.<p>A blockchain is...<p>A distributed fault tolerant public database that no one owns and everyone can update.<p>Has this been done before?<p>Kind of, distributed database are not new. What is new is solving the problem of multiple updates changing the same data at the same time.<p>So for example let&#x27;s say the following happens to our distributed database.<p>User 1 send the following SQL to the network.<p><pre><code> Update customer set balance = 1000 where name = &#x27;Customer1&#x27; </code></pre> and User 2 at the exact same time tries<p><pre><code> Update customer set balance = 2000 where name = &#x27;Customer1&#x27; </code></pre> A blockchain database will have both statements in a block and execute them on every node in the same order. Other distributed databases would run into race conditions.<p>So when you hear the statement<p><i>Blockchain startup X is going to disrupt industry Y.</i><p>You can reorganize the statement into something like.<p><i>Startup X is going to disrupt industry Y with a new type of distributed database.</i>

I&#x27;m curious why Santa is an &quot;it&quot; rather than a &quot;he&quot;.

We build a web application for companies to keep track of their CO2 Emissions and some other key performance indicators and assessments. Yesterday our boss called one of my colleagues and said:<p>&quot;A customer of ours suggested that we use blockchains to improve the security of our application. What do you guys think?&quot;<p>It is probably the equivalent of saying you use scrum and are oh so very agile. &quot;We use blockchains for added security&quot;. What this would look like is then left up to the imagination of the person confronted with this phrase.<p>[1]: <a href="http:&#x2F;&#x2F;www.csoonline.com&#x2F;article&#x2F;3050557&#x2F;security&#x2F;is-the-blockchain-good-for-security.html" rel="nofollow">http:&#x2F;&#x2F;www.csoonline.com&#x2F;article&#x2F;3050557&#x2F;security&#x2F;is-the-blo...</a>

I could be wrong, but I&#x27;m pretty sure this wasn&#x27;t made in MS Paint. All the edges of the shapes look way too anti-aliasied.<p>Looks more like something made with paint.NET.<p>(I have never used the MS paint version that comes with win10, so maybe they improved it a lot)

I&#x27;m not convinced by this format. I think the whole information would have been easier to digest, if it was presented in a clear and concise format, without any unnecessary detours and metaphors.

Strangely these images become easier to see if you reduce your browser size. Did they get their media queries backwards?

I need to point out the obvious because it disappointed me after reading the title: that was not made in MS Paint

This MS Paint stuff needs to become a thing to explain complex concepts like this