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>censorship resistance of a distributed ledger is surely stronger than a centralised database People bring this up a lot. 1) In practice, blockchains get cens
by RC_ITR 4y ago
>censorship resistance of a distributed ledger is surely stronger than a centralised database
People bring this up a lot.
1) In practice, blockchains get censored and edited all the time when mistakes happen.
2) I don't see the advantage vs. a publicly readable database that a distributed set of users can archive in a cryptographically secure way. Again, blockchain's main failure point is that it does what centralized databases (which can be cryptographically secure, some even are!) do, but it takes 200x more effort to do it.