Tangential pet-peeve: "That's fixed with private blockchain", which is the equivalent of "That's fixed with Segways that have a second set of wheels and the self-balancing is disabled."
There's a bunch of people busy reinventing decades-old old tech/accounting, either because they never bothered to learn what was actually new about "blockchain", or because they can't bear to admit that the new stuff wasn't really good/necessary.
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[Edit] To digress into specifics, the characteristic that sets "Blockchain" apart from what we already had (distributed databases, Merkle trees etc.) is fulfilling a product requirement: That node-membership is distributed and uncontrollable. That's what causes a cascade of anti-abuse features.
But outside of wild-west cryptocurrency, that usually isn't necessary, nor even desirable when you consider the rest of the cycle-burning baggage and complexity that comes with it.
Tangential pet-peeve: "That's fixed with private blockchain", which is the equivalent of "That's fixed with Segways that have a second set of wheels and the self-balancing is disabled."
There's a bunch of people busy reinventing decades-old old tech/accounting, either because they never bothered to learn what was actually new about "blockchain", or because they can't bear to admit that the new stuff wasn't really good/necessary.
________
[Edit] To digress into specifics, the characteristic that sets "Blockchain" apart from what we already had (distributed databases, Merkle trees etc.) is fulfilling a product requirement: That node-membership is distributed and uncontrollable. That's what causes a cascade of anti-abuse features.
But outside of wild-west cryptocurrency, that usually isn't necessary, nor even desirable when you consider the rest of the cycle-burning baggage and complexity that comes with it.