git itself is really not far from a blockhain. Blockchain is fine, it only has a bad rep because of ponzi schemes that use it to create crypto, but the technology and trustless consensus mechanisms are interesting.
I think blockchain also has a bad rep because every chance is mirrored to every copy of the blockchain? Thus wasting a lot of power and bandwidth for most use cases. Unlike git, where you only push what you want, and everyone only pulls what they want.
The waste of power is often associated to the proof of work consensus, but that’s not a requirement of blockchain. There are other ways to create consensus.
The bandwidth requirements really depend on what’s being stored, but it’s usually very manageable for a server. And clients not running validation don’t need to store or transfer that much data.
git itself is really not far from a blockhain. Blockchain is fine, it only has a bad rep because of ponzi schemes that use it to create crypto, but the technology and trustless consensus mechanisms are interesting.
I think blockchain also has a bad rep because every chance is mirrored to every copy of the blockchain? Thus wasting a lot of power and bandwidth for most use cases. Unlike git, where you only push what you want, and everyone only pulls what they want.
The waste of power is often associated to the proof of work consensus, but that’s not a requirement of blockchain. There are other ways to create consensus.
The bandwidth requirements really depend on what’s being stored, but it’s usually very manageable for a server. And clients not running validation don’t need to store or transfer that much data.
Oh, I didn’t know that. I need to read up on blockchain so I don’t put my foot in my mouth.