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A centralized database can't achieve being public without putting trust in a third party (and no Web3 developer seem to eminently trust the government) to verif
by maccolgan 5y ago
A centralized database can't achieve being public without putting trust in a third party (and no Web3 developer seem to eminently trust the government) to verify the double spend problem, otherwise blockchain is just a database. Non-falsiability can be verified through cryptography, yet we have no centralized but non-falsiable database system ready to use.
- aforwardslash 5y agoWell, you mention double-spend problem, that is a very narrow scope of applicability for a centralized database. There is a huge public, cryptographically secure, append-only, verifiable centralized database (in fact, they are several), used by Certificate Transparency. Spoiler alert: Its a sparse merkle tree in MySQL.