Reply to post: Distributed?

Blockchain is a lot like teen sex: Everybody talks about it, no one has a clue how to do it

Persona

Distributed?

There is an interesting difference between distributed and non distributed blockchains. Distributed blockchains have esoteric benefits such as immutability but they come at the cost of needing multiple independent parties to run them. This leads to the problem of how to remunerate them for their efforts. If you have to pay them directly their independence is compromised, so ideally the act of running the blockchain needs to generate revenue on its own. This basically leads you to a cryptocurrency solution. Alternatively you opt of a private blockchain and remind yourself that absolute immutability was never actually needed.

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