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by dbcurtis 3753 days ago
It's not about the mining!!!! Block chain is about having an immutable, non-repudiatable transaction record.

Block chain is a wheel.... guess what, wheels have uses far beyond the Pharaoh's war chariots. Like, you know, bicycles and automobiles. Stop conflating block chain and crypto-currency.

1 comments

It is about the mining though. The mining is what makes the blockchain immutable. How do you propose making it immutable without that feature?
There are two ways to secure a ledger. Mining, and accountable BFT like Tendermint.