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A comment on Blockchain: A Better Way to Track Pork Chops, Bonds, Bad Peanut Butter?. Parent comment

Re:Blockchain: A Better Way to Track Pork Chops, Bonds, Bad ... by Retric on Sunday March 19, 2017 @11:33AM (#13907680)
Block chains are at best only secured as much as the hash power to generate them. If your spending 1M / year generateing a block chain it takes about that much hash power to break it.

This creates a vast overhead as you can't secure a billion+ dollar market without massive and continuous investments.

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Re:Blockchain: A Better Way to Track Pork Chops, Bonds, Bad ... by woah on Sunday March 19, 2017 @12:25PM (#13908004)
You're wrong. Most enterprise blockchains use BFT algorithms or even round-robin instead of mining. What they are after is a highly auditable shared computing environment.
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Re:Blockchain: A Better Way to Track Pork Chops, Bonds, Bad ... by Retric on Sunday March 19, 2017 @02:46PM (#13908875)
You can use things that are not a distributed block chains.

But if you have some trusted party just use a DB.

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Re:Blockchain: A Better Way to Track Pork Chops, Bonds, Bad ... by sanswork on Sunday March 19, 2017 @03:58PM (#13909279)
The use of PoW isn't what makes a block chain a block chain. The idea is that you don't have a single trusted party you have a collection of them that need to collude to cause harm to spread the required trust.
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