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>decentralized ledgers and solutions for financial institutions So is it decentralized or is it centralized to a company? You can't have both. It also isn't
by paavokoya 10y ago
>decentralized ledgers and solutions for financial institutions
So is it decentralized or is it centralized to a company? You can't have both. It also isn't decentralized if you can mute/alter transactions. You're assuming people will allow you to use their computers/servers for free to run your transactions.
- dahdum 10y agoDistributed ledgers are one ledger shared by all parties, untrusted and using some form of voting. Decentralized ledgers are multiple copies of the ledger shared among mostly trusted parties. Financial institutions are far more likely to use decentralized ledgers for their projects.