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You could do exactly the same thing with a centralized ledger and it would be faster and cheaper. The point of a blockchain is security and irreversible transac
by atomical 9y ago
You could do exactly the same thing with a centralized ledger and it would be faster and cheaper. The point of a blockchain is security and irreversible transactions.
- tgjsrkghruksd 9y agoYet it is a giant leap backwards for security and irreversible transactions are a deal-breaking bug in the real world of finance. Mistakes and frauds have to be unwound. "Finders keepers losers weepers" is a playground rule.