Blockchain
BLOK-chaynnoun
What it means
A distributed ledger that solves the problem of needing a trusted third party by requiring everyone to trust an anonymous third party.
What it actually means
We needed a reason to use the word decentralised.
How it is used in a sentence
"We're putting supply-chain provenance on the blockchain."
Filed under
Digital Existentialism — Ideas that were briefly worth billions, explained by people who are briefly employed.
Bafflegab — The phrase means nothing. We are ridiculing it.
Related entries
Web3
Digital Existentialismweb threenounBafflegab
The internet, rebuilt by the people who own it, with the same enthusiasm as last time and none of the users.
Real meaningSame platforms, new landlord, and now you pay gas.
NFT
Digital Existentialismen-ef-teenounBafflegab
A receipt proving ownership of something anyone can view, copy, and enjoy without paying.
Real meaningYou bought a link. The picture was always free.