Re:Towards a world without Facebook
by dralley on Sunday March 25, 2018 @01:25PM
(#16673238)
That's a complete bastardization of the concept of "trust" as applies to distributed systems.
You're not 'trusting' a single entity in that case because you're making literally all the information public for anyone to see, use, resell, etc.
That's like saying we shouldn't have to trust Equifax, let's just make everyone's name, address, SSN, and credit history public on the internet to begin with.
Re:Towards a world without Facebook
by Yoric on Sunday March 25, 2018 @01:46PM
(#16673349)
There are plenty of distributed file systems that securely store confidential data on untrusted nodes by having well-design encryption. Is there a reason for which it would be worse with blockchains?
You're not 'trusting' a single entity in that case because you're making literally all the information public for anyone to see, use, resell, etc.
That's like saying we shouldn't have to trust Equifax, let's just make everyone's name, address, SSN, and credit history public on the internet to begin with.