Re:You Do Not Need Blockchain: Popular Use Cases and Why The...
by stouset on Friday February 22, 2019 @06:49PM
(#19230297)
> That being the scenario where you don't have or don't want to rely on a trusted authority.
This doesn't even remotely solve the problem.
If someone can get a 51% attack, you now have a trusted authority. If you have a cabal of developers who are implementing your blockchain (and who the overwhelming majority of users will follow if they decide to fork), you have a trusted authority.
This doesn't even remotely solve the problem.
If someone can get a 51% attack, you now have a trusted authority. If you have a cabal of developers who are implementing your blockchain (and who the overwhelming majority of users will follow if they decide to fork), you have a trusted authority.