Re:JP Morgan Unveils USD-Backed Cryptocurrency for B2B Payments
by elif on Thursday February 14, 2019 @03:23PM
(#19165624)
There are a lot of points of cryptocurrency. It's true a private chain has no protection against central control... however it does have protection against double-spends, mutable history, confirmation guarantees, etc.
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Re:JP Morgan Unveils USD-Backed Cryptocurrency for B2B Payments
by djohnston on Thursday February 14, 2019 @03:24PM
(#19165637)
right but all of those are more performantly implemented with a cluster of mysql replicas .. the protection against double spends is only as strong as the cluster of machines doing the hashing