> blockchaining is an arms race in computing power.
Distributed blockchains.
Distributed blockchains.
I'm not saying blockchains are bad technology, non-distributed blockchains can be a very good solution to certain problems, but it's not the "world changing" revolution many claim it to be.
If you're local (or within a small network with bounded, you don't really need asynchronous consensus. Dolev-Strong or any number of other synchronous/semi-synchronous protocols would work fine.
> non-distributed blockchains can be a very good solution to certain problems