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A comment on Wall Street rethinks blockchain projects as euphoria meets reality. Parent comment

Re:Wall Street rethinks blockchain projects as euphoria meet... by narrator on Thursday March 29, 2018 @12:53PM (#16708612)
People who are not crypto-anarchists don't realize that the only reason for proof of work is so you don't have to trust anyone. If there is trust, a centralized database is better in every way vs. Blockchain.
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Re:Wall Street rethinks blockchain projects as euphoria meet... by KirinDave on Sunday April 01, 2018 @11:41AM (#16728828)
People who do not read modern research don't realize lots of the things they think are true about the state of research are totally false.

They also think that it's Proof of Work that provides a lack of trust. While that's involved, what's actually more meaningful is the demand to quickly select a "profitable" branch to mine and re-mine on. That can exist in PoS as well.

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