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To be more precise, the nature of trust shifts. In case of a central database, one must trust the organization running the database. In case of blockchain you n
by andreskytt 4y ago
To be more precise, the nature of trust shifts. In case of a central database, one must trust the organization running the database. In case of blockchain you need to trust the math behind it, its implementation _and_ that the network structure preserves the assumptions the math makes. This might be preferable for some but not for others.
- baby 4y agoThe trust shift to a lower layer, which is always what you want to unless this adds a huge amount of overhead or complexity that leads to security issues. In our case it looks like blockchains are solving real world problems.
- angryasian 4y agoyou keep repeating this mantra, but this is exactly what Op is asking... what problem is it really solving. Its not solving a tech problem, because the tech exists.
- baby 4y agoIt is solving a tech problem because the tech exist you mean