Re:Distributed Ledger without the Blockchain
by dozzie on Wednesday October 04, 2017 @05:14PM
(#15404752)
> Blockchain seems like a brilliant solution when multiple anonymous untrustworthy parties need to get together and agree.
No. What you described is the problem of Byzantine generals, for which
efficient solutions are known since '80s. Think again what blockchain is,
because it's not agreement protocol.
Re:Distributed Ledger without the Blockchain
by dozzie on Wednesday October 04, 2017 @07:23PM
(#15405641)
Well, Lamport didn't know that the generals are only allowed not to vote when
he was writing the original paper. I read the original publication. Have you?
No. What you described is the problem of Byzantine generals, for which efficient solutions are known since '80s. Think again what blockchain is, because it's not agreement protocol.