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A comment on HSBC to shift $20B worth of assets to blockchain-based Digital Vault. Parent comment

Re:HSBC to shift $20B worth of assets to blockchain-based Di... by zitterbewegung on Friday November 29, 2019 @12:37PM (#21665705)
A VCS is a database. A blockchain is a database .

If you use git as intended having a single source of truth (a branch that represents master / deployment) and allows others to submit patches that are then approved to master the data model is very similar to a blockchain.

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Re:HSBC to shift $20B worth of assets to blockchain-based Di... by dilutedh2o on Friday November 29, 2019 @12:45PM (#21665739)
No doubt, but there's no consensus algo like PoW right?
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Re:HSBC to shift $20B worth of assets to blockchain-based Di... by 0xname on Friday November 29, 2019 @12:55PM (#21665791)
One could say it’s PoA (Proof of Authority) which is basically saying there are specific authorities that choose to validate it. In github, for example, it would be whoever controls the master branch. Of course, this is needlessly complicating things since 99% of software today is this authority model except its implicit.
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