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I think the general idea is, why should we put trust in one entity/person, when we could distribute the "trust" to all users.
by _up 12y ago
I think the general idea is, why should we put trust in one entity/person, when we could distribute the "trust" to all users.
- Spearchucker 12y agoI think we can agree that distributed is better for the consumer than centralized (privacy and availability), but given that the Blockchain is not the only way to achieve a distributed architecture, I'm interested in why I would use the Blockchain when I can achieve similar results with an arguably simpler solution.
- williamcotton 12y agoIt's the only decentralized system that can guarantee availability. Data stored in Freenet, BitTorrent and the rest is ephemeral.
- Spearchucker 12y agoThe Blockchain is a ledger, BitTorrent is a peer-to-peer file share service. Difficult comparison.
- miopa 12y agoWhat other systems exist that provide distributed trust architecture?