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with today's privacy and security concerns, for any new project, would starting from a position of anonymous trust despite the increased resource requirements r
by southpawflo 9y ago
with today's privacy and security concerns, for any new project, would starting from a position of anonymous trust despite the increased resource requirements really be a downside? I ask as an outsider to the industry. I do understand that blockchain tech doesn't need to be slapped onto everything, but from my perspective it seems the benefits generally outweigh the detriments - at least so far
- deleted 9y ago[deleted]
- deleted 9y ago[deleted]
- betterunix2 9y agoThe resource requirements are a massive downside, but they are only necessary for the "permissionless" model. In almost all cases it is equally good to use a permissioned model where the parties are all identified in advance, which completely avoids the need for proof of work (because there are no sybil attacks when everyone has a known and fixed identity).