4 ms·
Signed by which author? The whole point of a blockchain is for people who can’t trust each other. If you have a trusted author, you are correct, you don’t need
by cortesoft 5y ago
Signed by which author?
The whole point of a blockchain is for people who can’t trust each other. If you have a trusted author, you are correct, you don’t need a blockchain.
- GauntletWizard 5y agoYou can achieve consensus at small scale with an empty merge commit that merges several commits made by a quorum of trusted authors. You do not need to solve consensus at a large scale with no trust, and you cannot solve consensus at a large scale with no trust. Bitcoin has some mathematical approximations, but they are approximations, and the 51% attack is not only possible, but highly feasible. There's a reason why " six confirmations" was a long-lasting meme in the Bitcoin community
- blablabla123 5y agoOriginally I meant author of the piece who would confirm the sale. But basically anyone who feels like writing into the commit log, which can be a creator, a consumer for confirmation, a trustee or a clearing entity that creates merge commits. Even multiple commits by the same person are thinkable if there are handshakes. > The whole point of a blockchain is for people who can’t trust each other. I guess that's a very valid point and from my understanding the anonymity baked in is quite unique. And yet, even if I bought say coffee from an independent online market. Probably it's good to have a chain of trust to the seller to know that it's high quality. (Like Amazon reviews) After all this is what GPG or x509 provide, a chain of trust.