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But if you already have a trusted third party, then why do you need a blockchain? The whole point of a blockchain is to avoid the centralization of trusted thir
by solatic 9y ago
But if you already have a trusted third party, then why do you need a blockchain? The whole point of a blockchain is to avoid the centralization of trusted third parties. At that point you might as well have a normal relational database / transactions with ACID gusrantees.
- mirekrusin 9y ago3rd party is just another actor in the system, they’re not running the system, they interact with it just like ordinary Joe with their private key.