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by proofofmoon 2928 days ago
No reasonable industry would use Bitcoin's proof of work to transact between <10 semi-trustworthy parties.

We're talking about private, permissioned blockchains.

1 comments

> permissioned

I.e. "trusted". So what does this bring over existing consensus algorithms, besides the "blockchain" buzzword hype?

Which ones are you thinking of? They should support immutability and auditability as first-class citizens while being resistant to third-party manipulation/coercion.