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Well if each block has to be signed with 50% of the banks that reduces trust by some degree, however this still can be done more efficiently with a relational d
by lappa 11y ago
Well if each block has to be signed with 50% of the banks that reduces trust by some degree, however this still can be done more efficiently with a relational database.
- roymurdock 11y agoThat's what they have now. A third party clearing house (presumably using a relational database) that is the central authority on all intermediary transactions. Creating a blockchain is about removing that third party and instead breaking the trust up between the participating banks.