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Blockchain tech and decentralization are orthogonal.
by wrycoder 8y ago
Blockchain tech and decentralization are orthogonal.
- CharlesW 8y agoA blockchain running on a single node is uninteresting. Decentralized/distributed consensus is part and parcel of why one would use a blockchain.
- hannasanarion 8y agoYou assume that there is a problem that requires distributed consensus. They aren't common. Bitcoin had to invent a whole new distributed consensus problem so that it could solve it.
- wrycoder 8y agoI am thinking of a non-public blockchain, say used to clear bank transactions. It might or might not be externally visible, but only authorized entities could add to it. So, not distributed like Bitcoin.