| ▲ | procaryote 6 days ago | |
That you _can_ solve it with a blockchain doesn't mean that you can _only_ solve it with a blockchain. M valid signatures of N authorities is a consensus mechanism that just needs public keys. You don't need a blockchain if you're prepared to trust a set of authorities like stripe and their trusted partners. | ||
| ▲ | woah 5 days ago | parent | next [-] | |
It's just a very unreliable consensus mechanism. Why is this being held up as a benefit? | ||
| ▲ | baby 6 days ago | parent | prev [-] | |
It's not a consensus mechanism in the rigorous sense, it's more similar to a reliable broadcast protocol (less powerful) | ||