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Yeah, it seems silly to create a sidechain for what is essentially a centralised balance book system. Since the server can run off with the money anyway, there
by throwaway7767 10y ago
Yeah, it seems silly to create a sidechain for what is essentially a centralised balance book system. Since the server can run off with the money anyway, there is complete trust there.
Blockchains are cool because they solve the problem of a global ledger without centralised trust. If the problem you're solving does not require the lack of centralised trust, it's just a really complicated and resource-heavy way to implement a balance database.