3 ms·
It isn't owned by a single private company, most usually. But multiple companies with equal rights to update. That's what you cannot do with traditional db. Al
by splix 6y ago
It isn't owned by a single private company, most usually. But multiple companies with equal rights to update. That's what you cannot do with traditional db.
Also I don't think there is any significant energy consumed. There is no mining or anything like that. You have to pay for extra network traffic and more disks, simply because you're going to have more copies of data, most likely, but it's not so large amount of energy.
- joosters 6y agoAn API doesn’t care what company the client belongs to, so it’s pretty easy to have a DB that can be updated by more than one company. There’s no technical reason to prefer a blockchain, it’s just marketing.
- splix 6y agoIt's pretty easy to make it like you said. But it also pretty easy to make it in a way when some companies would have a preference. Second would be more profitable for the owners of that db, so there is a motivation to do it in that way. In many of the countries outside of US/EU it's a popular practice.