Re:Children Playing Blockchain
by bsmith89 on Tuesday March 09, 2021 @03:33PM
(#26403787)
I could be misunderstanding, but I think the problem with this approach is the lack of permanent identity. What's a "supermajority"? Could I get it by making a bunch of fake identities and having them all "trust" me?
Alternatively, we could ask for a supermajority of coins, and then I think we've re-invented proof-of-stake.
Re:Children Playing Blockchain
by verdverm on Tuesday March 09, 2021 @03:36PM
(#26403843)
You don't need coins, this is a permissioned chain where people agree on who can participate off-chain. Call it proof-of-authority. See Hyperledger Fabric
Alternatively, we could ask for a supermajority of coins, and then I think we've re-invented proof-of-stake.