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Eh, there have been plenty of "blockchain, but controlled by one entity" projects proposed. The fact they make no sense and have negative benefits doesn't stop
by MichaelGG 9y ago
Eh, there have been plenty of "blockchain, but controlled by one entity" projects proposed. The fact they make no sense and have negative benefits doesn't stop them from being deployed. Also see zCash's trusted setup which possibly allows them to mint unlimited money.
- mrb 9y agoThe Zcash trusted setup was decentralized: multiple persons/entities/third-parties participated, including Peter Todd who generated his part of the parameters while driving across Canada with a laptop that was destroyed after the process... http://spectrum.ieee.org/tech-talk/computing/networks/the-crazy-security-behind-the-birth-of-zcash http://spectrum.ieee.org/tech-talk/computing/networks/the-cr...