3 ms·
> It comes down to speed. We expect money to move as fast as information All current implementations of blockchain are inherently slower than more traditional
by kybernetikos 10y ago
> It comes down to speed. We expect money to move as fast as information
All current implementations of blockchain are inherently slower than more traditional approaches.
- Ar-Curunir 10y agoThat is partially because of the unpermissioned nature of the consensus mechanism. With a closed system, you don't need to worry about such issues. Banks mostly trust each other.
- codehalo 10y agoSo why do they need a blockchain then?