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To the best of my knowledge, no deployed banking system relies on immutable ledgers. They all rely on detection and revision of ledgers. Libra has chosen to do
by matthewdgreen 7y ago
To the best of my knowledge, no deployed banking system relies on immutable ledgers. They all rely on detection and revision of ledgers. Libra has chosen to do something fundamentally different, and the author is asking why.
- marcosdumay 7y agoThe ledgers are officially immutable. Revisions are done as separate entries from the errors and both are expected to stay registered there.
- venantius 7y agoWe do: https://blog.griffin.sh/2019/10/23/the-immutable-bank/ https://blog.griffin.sh/2019/10/23/the-immutable-bank/
- YawningAngel 7y agoAdding to the other posters, Monzo's ledger is immutable (this is in fact a design requirement, since Monzo's Cassandra environment makes it impossible to update rows atomically).