▲ | Terr_ 3 days ago | |||||||||||||||||||||||||||||||||||||
> has exactly one purpose: prevent any single entity from controlling the contents. I'd like to propose a different characterization: "Blockchain" is when you want unrestricted membership and participation. Allowing anybody to spin up any number of new nodes they desire us the fundamental requirement which causes a cascade of other design decisions and feedback systems. (Mining, proof-of-X, etc.) In contrast, deterring one entity from taking over can also be done with a regular distributed database, where the nodes--and which entities operate them--are determined in advance. | ||||||||||||||||||||||||||||||||||||||
▲ | johnecheck 3 days ago | parent [-] | |||||||||||||||||||||||||||||||||||||
Sure, blockchain development has always been deeply tied to ideas of open membership and participation. I like those ideas too. But that's a poor definition of a blockchain. A blockchain is merely a distributed ledger with certain properties from cryptography. If you spin up a private bitcoin network, it's a blockchain even if nobody else knows or cares about it. Now, are non-open blockchains at all useful? I suspect so, but I don't know of any great examples. The wide space between 'membership is determined in advance' and 'literally anyone can make a million identities at a whim' is worth exploring, IMO. | ||||||||||||||||||||||||||||||||||||||
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