Re:Do kwon sent $80M a month to secret wallets?
by jazzyjackson on Thursday June 09, 2022 @05:10PM
(#31686934)
Anti-Corruption tech. If everyone's scores are just stored in a SQL databse, people can pay off officials to change their grade, Ferris Bueller-style. Blockchain prevents any province or official from having superuser power over the data.
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Re:Do kwon sent $80M a month to secret wallets?
by frostwarrior on Thursday June 09, 2022 @05:25PM
(#31687097)
That would make sense if:
- There weren't other methods to prevent tampering
- Governments didn't want anti-corruption methods without having admin powers to exclude themselves.
Re:Do kwon sent $80M a month to secret wallets?
by kareemsabri on Thursday June 09, 2022 @05:58PM
(#31687462)
This doesn't really make sense. We have SQL databases with permissions to prevent tampering, and audit logs, and myriad other solutions.
In addition, I don't see what prevents an "official" from writing a social credit transaction (disclaimer that I have no idea how China's "social credit" system works or even what it is) to the blockchain. Nodes validate to solve disagreements where one node says a transaction happened that did not. This does not appear to be the same type of dishonesty being referred to here.