> The major feature is the formalisation of the concept of consensus. Forks are a manifestation of this feature. "a 51% attack on their own blockchain" is a major feature of crypto-tech. In the last century we would call this a revolution. In this century issues like this can be resolved enterily in software. It's an opt-in economy and in some years an opt-in society.
Huh? No. Distributed consensus was formalized in 1978 by Leslie Lamport and the first version of Paxos was introduced in 1989. If you're okay with centralization, Paxos or it's successor, Raft, are much faster and more scalable algorithms than blockchain, and have a wide variety of mature implementations.
Huh? No. Distributed consensus was formalized in 1978 by Leslie Lamport and the first version of Paxos was introduced in 1989. If you're okay with centralization, Paxos or it's successor, Raft, are much faster and more scalable algorithms than blockchain, and have a wide variety of mature implementations.