3 ms·
If you build a system with trusted parties, you no longer need to build it on top of a permissionless network. If permissionless networks were zero-cost and had
by NoGravitas 4y ago
If you build a system with trusted parties, you no longer need to build it on top of a permissionless network. If permissionless networks were zero-cost and had no downsides, it wouldn't matter. But in fact, they are incredibly expensive and complex compared to conventional systems (like relational databases), and have serious downsides. Once you need a trusted party, there's no way to justify the permissionless network.
- tornato7 4y agoWell, I can think of a few reasons: facilitating transactions with other parties on the permissionless network, promoting public verifiability of your system, utilizing the tools and utilities available for public blockchains, requiring your data to be available even after you stop paying your hosting provider, avoiding the hassle of building your own payment on-ramps, etc.