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It's worth highlighting that there are distributed databases that meet all those criteria except "incorruptibility in terms of maximum supply". You're right to
by ForHackernews 6y ago
It's worth highlighting that there are distributed databases that meet all those criteria except "incorruptibility in terms of maximum supply". You're right to point out that there are a few very specific use cases that a distributed blockchain with multiple independently-owned verification nodes will satisfy and other more performant databases will not. Whether that makes them "valuable" like gold is left as an exercise for the reader.
- ric2b 6y agoDistributed is not the same as decentralized. A decentralized system is a distributed system that still works _when nodes are owned by multiple different (even competing/malicious) parties_.
- fastball 6y agoExactly. In other words, a "trustless" system. See the Byzantine Generals Problem[1]. [1] https://en.wikipedia.org/wiki/Byzantine_fault https://en.wikipedia.org/wiki/Byzantine_fault
- ForHackernews 6y agoyes, yes, I said that already: "...multiple independently-owned verification nodes..."