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So if I’m a single supplier and I want to act as a hostile actor in order to negotiate better terms or something, does my refusing to sign mean that _all_ suppl
by cgb223 5y ago
So if I’m a single supplier and I want to act as a hostile actor in order to negotiate better terms or something, does my refusing to sign mean that _all_ supplier transactions are reversed or at least slowed on chain? Is there an actual attack surface here?
Also, if I’m adding a new supplier in this example, do I have to spin up an entirely new “virtual bank” to do so? Or can I just add them to the current one? What is the user experience there?
- polyomino 5y agoThis is a new fundamental building block that would help make these types of scenarios possible. However, by the time end users get an implementation, it will likely be more complicated than a single transaction for the reasons you mention and others. Also note, as exemplified by altcoins it is always possible to trade off decentralization or security for more features.
- danlugo92 5y agoYou will open a virtual bank with one of the big nodes, say Binance, and they will handle the rest.