4 ms·
It seems so. Its the notion of "Trust Lines"[0] All this thing does is limit potential losses from fraud. Not eliminating. The main value proposition of a bl
by max_ 5y ago
It seems so.
Its the notion of "Trust Lines"[0]
All this thing does is limit potential losses from fraud. Not eliminating.
The main value proposition of a blockchain is to solve the "principal-agent" problem [1] and gis simply reduces the risk but doesn't remove it entirely.
Plus some of the requirements on a node having to be online (in a decentalized, byzantine environment) all the time are unrealistic.
This seems more like ripple.
Stellar uses a more sophisticated notion of "quorum slices" and is resistant to byzantine faults [2]
[0]:
https://trustlines.foundation/faq.html https://trustlines.foundation/faq.html
[1]:https://as1ndu.xyz/2021/04/clarifying-the-blockchain-proposition/ https://as1ndu.xyz/2021/04/clarifying-the-blockchain-proposi...
[2]: https://youtu.be/vmwnhZmEZjc https://youtu.be/vmwnhZmEZjc