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A comment on Bitcoin Technology Piques Interest on Wall Street. Parent comment

Re:Bitcoin Technology Piques Interest on Wall Street by brighton36 on Saturday August 29, 2015 @06:14PM (#10141527)
Don't they do that already? What is a 'closed blockchain' if not a sql server? The only value a blockchain has is as a public resource.
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Re:Bitcoin Technology Piques Interest on Wall Street by icebraining on Saturday August 29, 2015 @07:09PM (#10141655)
A closed blockchain is still distributed (just not open to everyone), and still has different nodes checking up on each other, while an SQL server is a single point of potential fraud.
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Re:Bitcoin Technology Piques Interest on Wall Street by jsprogrammer on Sunday August 30, 2015 @09:50AM (#10143282)
Do banks process actual transactions through a SQL Server?
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Re:Bitcoin Technology Piques Interest on Wall Street by icebraining on Sunday August 30, 2015 @12:46PM (#10143775)
Sure, where do you think Oracle gets all their revenue? :) I mean, interbank transactions go through a clearing house like FedACH, but even that is just a remote RDBMS.
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