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Doesn't a permissioned blockchain require a trusted central authority to manage the permissions? How is it better than having that central authority manage the
by ptx 6y ago
Doesn't a permissioned blockchain require a trusted central authority to manage the permissions? How is it better than having that central authority manage the database?
- damnyou 6y agoYou have, say, 50 entities that are part of the cabal, not all of whose interests are aligned (this is the important bit, you want a diversity of interests), and you need a 2/3 vote to add a new one.
- wpietri 6y agoCould you give some examples of current commercial relationships that let, say, 50 entities have a binding majority vote? I agree it's in theory possible, but I've never heard of such a thing.