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by brighton36
3841 days ago
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> One you remove the need for PoW they are barely any more inefficient than a master-master DB with the combination of immutability and known entry ordering. Once you remove the PoW - it's no longer a blockchain. That is what a blockchain is. If you believe that blockchain's don't require PoW - then off the bat you have major security problems. But in addition to that - your definition of blockchains would mean that we've been using blockchains since the 80's |
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PoW literally has nothing to do with what the blockchain is only in deciding who can add the next block and there are a lot of ways to do that when you know all the participants.