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by icebraining
2961 days ago
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Why was the blockchain cheaper to build and maintain compared to a traditional RDBMS? I agree that avoiding knee-jerk reactions is good, but I frankly have yet to see a case where it was actually the best solution, except for the case of Bitcoin and other public cryptocurrencies. |
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By using ethereum, we didn't need to write microservices to front the database, we didn't need to configure the database (not trivial if you want serializability https://blog.dbi-services.com/oracle-serializable-is-not-ser... ), we didn't need to write any cryptography code, we don't need to run any kind of infrastructure (let alone expensive, distributed infrastructure) to allow people to interact with and update the data. We get broadcasting of changes to clients so that the UIs can be kept up to date for free too.
We do have to carefully audit our smart contracts, but they are much smaller pieces of code than the microservices and triggers that we would otherwise have written.
Mainly, because our use case was similar to the crypto-asset tracking use case, there was a lot of code we could rely on already in ethereum that we would have had to write ourselves in the RDBMS world.