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It's a worse API. In that situation, you have trusted parties. You don't need a blockchain, and the absolutely crippling tradeoffs it brings with it.
by user-the-name 5y ago
It's a worse API. In that situation, you have trusted parties. You don't need a blockchain, and the absolutely crippling tradeoffs it brings with it.
- colechristensen 5y agoSometimes the “API” in these circumstances is CSV files sent by FTP nightly over private fiber links. When all parties are trusted there aren’t necessarily any crippling tradeoffs, you get mathematically provable ledgers with no need for a central trusted clearinghouse.