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Blockchain is not needed where one server suffices.
by danuker 4y ago
Blockchain is not needed where one server suffices.
- unsupp0rted 4y agoBut then it’s not decentralized, which is bad, because decentralized is good, even if all the decentralized infrastructure is entirely owned, controlled and modified by a central entity unilaterally on a whim.
- Zoadian 4y agoyou don't need a blockchain to decentralise anything. blockchain only makes sense in a case where there is no central authority.
- deleted 4y ago[deleted]
- Gigachad 4y agoThe ASX is already centralised.
- helsinkiandrew 4y agoA Stock Exchange is the antithesis of a distributed system. The reason they exist is so it's a central place where everyone goes to buy and sell and the prices are public and fair. And a clearing house is by its nature a centralised system (A owes B $100, B owes C $100, so A gives C $100) That's why the majority of crypto is bought and sold at crypto exchanges rather than on the blockchain.
- blitzar 4y agoMirror the DB across two servers, boom decentralized achievement unlocked
- stevage 4y agoIt's not needed for any legal business.
- danuker 4y agoSpeculating against the national currency is legal business. And blockchain affords the existence of cryptocurrency, which is one way of doing it.