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That's why I said "intermediary attestations". I did not miss the interface between real world and blockchain. I did not claim that the records would be 100% a
by dangero 8y ago
That's why I said "intermediary attestations".
I did not miss the interface between real world and blockchain. I did not claim that the records would be 100% accurate. What I'm saying is, when audited and we discover that someone provided bad data, we know who that was.
That's how fraud claims work in general. Having a nicely packaged up list of who attested to what is nice. That's my point.
- nucleardog 8y agoSo we completely sidestep the difficult problem of ensuring truthful data in the first place but it's okay because we've got a really complex solution for replacing simple cryptographic signatures?
- dangero 8y agoI'm not aware of any cryptographic system that provides immutable timestamps as strong as public blockchain timestamps, but I'd love to hear if I'm wrong. As a sidenote, burdening blockchain with solving the "truthful data" goal is pretty unfair. In many cases this is an unsolvable problem.
- woah 8y agoHN commenters: “Blockchains are dumb! You could do the exact same thing with a distributed Byzantine fault tolerant database with publicly auditable merkelized logs that collects transactions into blocks!”