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What's the point of a private blockchain? Couldn't you just use a more traditional consensus algorithm when you have a closed network?
by VMG 9y ago
What's the point of a private blockchain? Couldn't you just use a more traditional consensus algorithm when you have a closed network?
- Buttes 9y agoTestnet?
- VMG 9y agoYou are right, the blog post explains how to run a private testnet
- kingo55 9y agoLike a traditional database?
- schnevets 9y agoTotal shot in the dark, but could there be a use case in Software Licensing? Your customer agrees to host a node in your distributed network, and all clients are able to view a digest of licenses in a format that is not solely owned by the publisher? Oh, and development instances, of course.
- Immortalin 9y agoAssuming that your customers don't have more nodes than you
- gtsteve 9y agoThis is a very good question. I wrote an answer in another thread on this topic which illustrates a use-case you might find interesting: https://news.ycombinator.com/item?id=15512116 https://news.ycombinator.com/item?id=15512116
- baby 9y agoWhen auditing smart contracts you need to test them privately. So you run a test network with this or testrpc or ... I'd imagine it's good for developers as well for quick testing.
- josephagoss 9y agoWe use them for testing smart contracts in a private and controlled setting.
- kowdermeister 9y ago1) learning 2) powering a large organization 3) in-house development