Re:AWS and Blockchain
by GauntletWizard on Monday November 21, 2022 @03:14PM
(#33697334)
No, much cheaper and easier solutions to that already exist, in the form of "Every postal tracking app"
[ Parent
| on HN ]
> the company can retroactively create a conflicting chain of backdated signatures and purport it to be the canonical one
Re:AWS and Blockchain
by GauntletWizard on Monday November 21, 2022 @04:48PM
(#33698481)
Again, that can be incredibly easily solved with signatures stored in a separate system of record - Effectively, publishing a git sha somewhere else on a regular basis. This is not a blockchain, this is a merkle tree, which is a good idea and is currently unimplemented.
The immense fraud and criminal behavior associated with the "Blockchain" ecosystem is the biggest inhibitor to actually good crypto being used for system-of-record. It sucks all the air out of the room and that's a bad thing.
Git does not guarantee the validity of timestamps stored within it, nor does it explicitly provide a single canonical tip. Those two guarantees are what prevent history from being forged.
> The immense fraud and criminal behavior associated with the "Blockchain" ecosystem is the biggest inhibitor to actually good crypto being used for system-of-record.
You could say the same thing about internet scams in the 90s. Eventually, everyone got over themselves and picked out the good parts.