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Technology Discuss all things technology that dont fit in the Computing forum...

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  #16  
Old January 9th, 2019, 11:10 AM
HarHarMahaDev HarHarMahaDev is offline
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by echarcha View Post
Blockchain technology or rather approach of having distributed sources of data was born out of bitcoin. The blockchain concept is nothing radical as it is like maintaining multiple ledgers of the same transaction so that you cannot fudge or change the record in just one ledger and get away with some malicious intent of changing data. Also the concept makes it very very hard to change every ledger.

Now many startups and charlatans fooled a lot of people into buying cryptocurrency and many burnt their fingers in it.

I do not believe in crypto currency! Its not secure, has been hacked many times and I feel its a clever scam.
I think blockchain technology is sound. Crypto currency is just one implementation of blockchain, but there are several other use cases.

The real benefit for blockchain is with DAPP (decentralized Apps). I think that will reduce the need to have oversized, bulky enterprise applications. It will reduce to microfunctions - do only the shit you need to do and nothing else.

Blockchain will change standard apps. The Ubers and Amazons of the world might be disrupted.
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  #17  
Old January 9th, 2019, 03:53 PM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by HarHarMahaDev View Post
It will reduce to microfunctions
Another buzzword.
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  #18  
Old January 10th, 2019, 11:22 AM
HarHarMahaDev HarHarMahaDev is offline
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by sgars View Post
Another buzzword.
Boss... don't become a dinosaur.

This is exactly what AS400 Cobol programmers used to say about Java and .net.
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  #19  
Old January 10th, 2019, 11:59 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by HarHarMahaDev View Post
I think blockchain technology is sound. Crypto currency is just one implementation of blockchain, but there are several other use cases.

The real benefit for blockchain is with DAPP (decentralized Apps). I think that will reduce the need to have oversized, bulky enterprise applications. It will reduce to microfunctions - do only the shit you need to do and nothing else.

Blockchain will change standard apps. The Ubers and Amazons of the world might be disrupted.
Yes block-chain is a good technology/pradigm for record keeping.

But come to San Francisco and Silicon Valley startup atmosphere and you will see that there are so many companies which are like 'Blockchain is the solution to world hunger'.

So, for someone like me who has lived in the bay area, all these are fads mostly and just a few things really survive.

Like right now, everyone is a data scientist. What the heck!! Data science is nothing but detailed analytics by cleaning up data, applying age old proven statistics and mathematics! But everyone like to boast - Oh I am a data scientist with a million years experience!

I think block-chain will survive and even thrive, but just not crypto-currency.
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  #20  
Old January 11th, 2019, 01:45 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by HarHarMahaDev View Post
Boss... don't become a dinosaur.

This is exactly what AS400 Cobol programmers used to say about Java and .net.
Isnt there a difference though (and the point of this thread) - Cobol and Java and .net are very different technologies whereas many things as latest buzzwords being mentioned here are same/similar things as previous generations, only getting described differently?
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  #21  
Old January 11th, 2019, 09:23 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Isnt there a difference though (and the point of this thread) - Cobol and Java and .net are very different technologies whereas many things as latest buzzwords being mentioned here are same/similar things as previous generations, only getting described differently?
Zara vistaar mein samjhayenge... aap kehna kya chahate ho
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  #22  
Old January 11th, 2019, 09:39 AM
HarHarMahaDev HarHarMahaDev is offline
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by kkkk View Post
Isnt there a difference though (and the point of this thread) - Cobol and Java and .net are very different technologies whereas many things as latest buzzwords being mentioned here are same/similar things as previous generations, only getting described differently?
Not really...

Blockchain is more like database and network rolled into one. All parties can work out of only one data store. The blockchain toolkit is very different. It's as different as Object Oriented programming is to Structural programming.

The platforms are either Ethereum or Hyperledger or Quorum ...

In Ethereum, your write Smart Contracts using Solidity. The framework uses Web3.js. Google for tutorial on web3.js .. you will quickly realize that it's not the same old shit canned in a new bottle.
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  #23  
Old January 11th, 2019, 02:57 PM
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Re: Are latest tech buzzwords old wine in new bottle

Went to #Codemash conference for the last 4 days.. Let's just say the whole place was buzzing with the latest tech buzzwords.

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  #24  
Old January 14th, 2019, 01:39 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by Sane Less View Post
Zara vistaar mein samjhayenge... aap kehna kya chahate ho
I meant Cobol or DB2 are structured programming. people who worked in those technologies thought Java and dot net will not survive or suffice. end of the day cobol is a different technology than Java.

however, microfunctions, SOA, cloud etc appear to be different ways of implementing the same technologies.

so, the latest tech buzzwords - are they new tech... they seem to be more same tech wrapped up in new wrapping paper...

I am not into blockchain so I dont know how blockchain is different as a technology.
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  #25  
Old January 14th, 2019, 01:41 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by HarHarMahaDev View Post
Not really...

Blockchain is more like database and network rolled into one. All parties can work out of only one data store. The blockchain toolkit is very different. It's as different as Object Oriented programming is to Structural programming.

The platforms are either Ethereum or Hyperledger or Quorum ...

In Ethereum, your write Smart Contracts using Solidity. The framework uses Web3.js. Google for tutorial on web3.js .. you will quickly realize that it's not the same old shit canned in a new bottle.
any website/information sources for blockchain for dummies?
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  #26  
Old January 14th, 2019, 05:07 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Originally Posted by kkkk View Post
Isnt there a difference though (and the point of this thread) - Cobol and Java and .net are very different technologies whereas many things as latest buzzwords being mentioned here are same/similar things as previous generations, only getting described differently?
We could think of reinventing Cobol in a new buzzword like 'Business Integration megaservice'
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  #27  
Old January 14th, 2019, 05:10 AM
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Re: Are latest tech buzzwords old wine in new bottle

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Please now don't go down the rabbit hole that AI was invented by our Mahabharata ancestors!
In some family Whatsapp group a relative forwarded a message saying that Ludo was being played in India in 13th century. I replied that i was expecting AI and IoT and instead we are talking about Ludo. The relative who is a Prof got pissed off and retorted there are meaningful things from ancient India than AI or IoT.
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