Re:BitTorrent is selling for $140M to Justin Sun and Tron
by throwawaylolx on Wednesday June 20, 2018 @05:20AM
(#17353726)
The "DAO fiasco" and Ethereum Classic is, in fact, proof that you are wrong about the lack of tamper-proofness.
Re:BitTorrent is selling for $140M to Justin Sun and Tron
by arisAlexis on Tuesday June 19, 2018 @07:21PM
(#17351096)
there is no contentious forking if it's true decentralization. But this is more of a thing if governments would participate and run nodes along with anyone that would like to attest too.
I don't believe in the saying that you need a problem to be solved. For sure the country I live in now cannot lookup easily what other real estate properties I own in every part of the world. All governments would need to select a distributed database and encode everything on it. Well this is now called Ethereum or insert your favorite platform here and they will develop on it because the technology makes it easy.
For one thing, the blockchain doesn't provide tamper proof asset registries because the blockchain can be forked (see the DAO fiasco for proof).
Second "temper proof asset registeries" aren't actually a problem that really needs to be solved. The hard part of any registry is making sure the data that goes in is valid.... and that is a meatspace warm-fuzzy-human problem, not a technical problem.