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by ENGNR
2730 days ago
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AWS actually made an interesting product, a distributed ledger that's 'trustless' as long as you trust Amazon, but with none of the overhead of blockchain so at least it's efficient I think Ethereum is going big places, but the AWS ledger solution is probably also going to be good for smaller industries where competitors don't trust each other, they want a database that's shared, and they all might trust Amazon enough to control it (eg if they're all using AWS anyway) (https://aws.amazon.com/qldb/) |
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This has been possible since the 80’s due to public key encryption.
It’s not having to trust a central actor that’s the innovation behind e.g. Bitcoin.