[solatic]

But if you already have a trusted third party, then why do you need a blockchain? The whole point of a blockchain is to avoid the centralization of trusted third parties. At that point you might as well have a normal relational database / transactions with ACID gusrantees.

[mirekrusin]

3rd party is just another actor in the system, they’re not running the system, they interact with it just like ordinary Joe with their private key.