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All the use cases you mention could be more easily implemented on top of a more mature distributed ledger such as Datomic. 1. What's to stop a competitor from
by kerkeslager 9y ago
All the use cases you mention could be more easily implemented on top of a more mature distributed ledger such as Datomic.
1. What's to stop a competitor from copying your app feature for feature and implementing their own features faster than you can keep up because they're using established distributed ledger technologies instead of blockchain?
2. Are there any features you have planned that make use of the one thing that differentiates blockchains from distributed ledgers (decentralization)?
- marcusmolchany 9y agoTo your first point, someone could implement something like Hexel using a distributed ledger, but it would not have the trustless components of tokens that exist on the blockchain. The first immediate feature of using a blockchain is that token holders do not need to worry about a private distributed ledger shutting down its service. A future feature we have planned is a developer program where anyone can submit smart contracts that do interesting things with tokens. For this to work with a distributed ledger you would need to implement your own public API for interacting with your ledger.