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No reasonable industry would use Bitcoin's proof of work to transact between <10 semi-trustworthy parties. We're talking about private, permissioned blockchain
by proofofmoon 8y ago
No reasonable industry would use Bitcoin's proof of work to transact between <10 semi-trustworthy parties.
We're talking about private, permissioned blockchains.
- inimino 8y ago> permissioned I.e. "trusted". So what does this bring over existing consensus algorithms, besides the "blockchain" buzzword hype?
- proofofmoon 8y agoWhich ones are you thinking of? They should support immutability and auditability as first-class citizens while being resistant to third-party manipulation/coercion.