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Blockchain's are only as strong as their networks (distribution/hashing power/relay speed) as that's what gives them power. A personalized "blockchain" is a ha
by paavokoya 10y ago
Blockchain's are only as strong as their networks (distribution/hashing power/relay speed) as that's what gives them power.
A personalized "blockchain" is a hashed database. Without the vast decentralized network, it's pointless.
- davidgerard 10y agoNo, it's very useful! It's called "a git repo, which you can identify by its hash." A completely tamper-evident track record of a history. Without the power consumption of Ireland.
- paavokoya 10y agoA completely tamper-evident track record of a history But they want to be able to alter it.. To regulate bad actors and such.. That won't work for companies if they get hacked and are unable to undo transactions. We've seen this before.